Understanding the Federal Reserve's role in mortgage ratesThe Federal Reserve's actions are a big influencer in where mortgage rates head.
In the time since the Fed began raising rates, mortgage rates have climbed steadily.
The Fed's impact on mortgage rates FAQsHow does the Federal Reserve affect mortgage rates?
The Federal Reserve influences mortgage rates by setting the federal funds rate, which impacts borrowing costs, investor activity, and market conditions.
When the Fed raises interest rates, mortgage rates often increase as well, making borrowing more expensive.
Persons:
Michael Gifford, Fannie Mae's
Organizations:
Federal, Federal Reserve, Fed, Treasury, it's, Mortgage Bankers Association, Reserve, Chevron
Locations:
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