Fed Rate Hike: What Does it Mean for Mortgage Rates?
Christian Science Monitor, Dec. 15, 2016–Bundrick, Hal M.
Mike Fratantoni, chief economist for the Mortgage Bankers Association, expects a steady climb in the federal funds rate. “What happened in the past month, we were looking to occur over the next year,” he says. “I think we’ve seen the big move already.”
