Economic Market News

Will Fed rate hike next week equal an exact hike in mortgage rates?

The Economic and Housing Markets

June 9, 2017 : Will a Fed rate hike next week equal an equivalent hike in mortgage rates?

It is widely expected that rates will be raised during the Fed meeting next week.  What does that mean to mortgage rates?

Markets in a Minute is a weekly series filling you in on The Economy, the Real Estate Market, Interest Rates and other housing news.

How will the expected hike to rates next week during the fed meeting affect mortgage rates. Can we expect interest rates to go up by the exact same amount?
Find out more in this week’s Market’s in a Minute for the week ending June 9thThe Markets In A Minute

 

 

How would rising interest rates affect your ability to afford a home?

Find out with this interactive mortgage calculator which estimates how much income you would need as home prices and interest rates rise


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