Don’t Expect Fed Meeting to Bring Lower Mortgage Rates - The Truth About Mortgage
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Don’t Expect Fed Meeting to Bring Lower Mortgage Rates - The Truth About Mortgage
While it’s been said countless times, it bears repeating: the Fed doesn’t set mortgage rates. The Fed simply sets short-term interest rates, driven by its dual mandate of price stability and maximum employment. Nowhere on the Fed’s to-do list is ensuring mortgage rates remain attractive for home buyers. It’d be nice, but it’s simply not… Read More »Don’t Expect Fed Meeting to Bring Lower Mortgage Rates The post Don’t Expect Fed Meeting to Bring …
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