What Does the Fed Rate Hike Really Mean?
Filed under: The Fed
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.