What Will Todays Fed Rate Hike Mean for Mortgage Rates? - The Truth About Mortgage

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The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like that so a ¼-point hike should be delivered as expected. The impact on mortgage rates is less certain, as it always is… Read More »What Will Today’s Fed Rate Hike Mean for Mortgage Rates?