What Does the Fed Rate Hike Really Mean?

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Filed under: The Fed

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We always hear talk about the “Fed” and interest rates.

Then, last month, after years of no rate hikes, the Fed raised the overnight lending rate .25%.

So what, exactly does this mean and how does it affect mortgage rates?

Today, I take the video approach and provide you with some insight on the recent Fed move.  Take a look and let me know if you have any questions or would like to discuss this further.

 

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