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How the Fed’s March Rate Hike Affects Homeowners, Buyers, and Sellers

Marc Jablon boca raton real estate agent , market conditions , Real Estate , Real Estate Tips Leave a Comment

After months of hinting, the Federal Reserve announced an increase in the benchmark interest rate by a quarter of a percent in mid-March. The change in rates has not disturbed the stock market and mortgage lenders. As for the housing market, expectations are that mortgage rates will hit the 4.5 – 4.75% range by the end of the year. Here’s how …