The Fed Will Make an Interest Rate Decision Next Week. Here’s What It May Mean for Mortgage Rates.

October 27, 2023

CBS News, Oct. 27, 2023-Khristopher J. Brooks
The Federal Reserve’s flurry of interest rate hikes since March 2022 have taken a toll on home buyers, pushing the typical mortgage rate above 8%, a level not seen since 2000. On Wednesday, the Federal Reserve is set to make another interest rate decision that could impact the home loan market.
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