Monday, 27 June 2022 | The Latest Buzz for the Appraisal Industry

Interest Adds Up; The Effect on Mortgages

Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice this year, is expected to have further increases for the foreseeable future. So, what does that mean for the average buyer? It means money is more expensive, …

The post Interest Adds Up; The Effect on Mortgages appeared first on DSNews.

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