The Federal Reserve doubled down on its inflation-fighting strategy on Wednesday afternoon, raising a key interest rate by 75 basis points, or 0.75 percentage point, for the second month in a row. The good, or at least not worse, news for home buyers: The Fed’s latest move doesn’t seem likely to push up mortgage interest…
The article Fed Raises Target Rate Again, but Mortgage Rates Are Unfazed originally appeared on NerdWallet.