How mortgage rates affect housing market as Federal Reserve weighs new interest rate hike

Buying Real Estate
Experts expect the Federal Reserve to raise interest rates later this week as it continues to fight inflation. Mortgage rates have also jumped in recent months. Mark Zandi, chief economist of Moody’s Analytics, joined Lilia Luciano to discuss what high mortgage rates mean for the housing market.

#news #mortgagerates #federalreserve

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