Homebuyers Beware: Wall Street Predicts a Barrage of Mega Interest-Rate Hikes Just as Mortgage Costs Begin to Soar

Fortune magazine, Apr. 7, 2022–Bernhard Warner
BofA Securities now predicts the Federal Reserve will trigger a series of three consecutive 50-basis point hikes at the May, June and July meetings. After that, they see 25-basis-point hikes in every meeting stretching out to May 2023.