Understanding Mortgage Rates and the FED: Unveiling the Impact of Rate Hikes and Market Uncertainty

Mortgage rates have shown little change since the start of last week but brace yourself for potential fireworks on Wednesday. The Federal Reserve (FED) is expected to raise rates by 25 basis points. However, don’t worry about rates skyrocketing in response, as the market has already factored in this adjustment. What truly matters is the…