The Federal Reserve last week signaled it could begin hiking interest rates in 2022, but officials are divided on whether increases will come next year or in 2023. Meanwhile, the average 30-year fixed-mortgage rate ticked upward late last week, in response to the Fed's latest commentary around interest rates and tapering purchases of mortgage-backed loans. See also: Mortgage Rates Back Above 3%. Will They Keep Rising?
Full Article here: If interest rates rise in 2022, could that tamp down the U.S. housing market?
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