When the Fed Raises Interest Rates, Do Mortgage Rates Rise?
April 25, 2017
When the Fed Raises Interest Rates, Do Mortgage Rates Rise?
By Gregory Cutt Whenever you hear the media talk about the Federal Reserve increasing interest rates, the first thing they say is mortgage rates will rise. However, this is not always the case. When the Federal Reserve increases rates, they raise the Fed Funds rate, which is the rate banks…
