Home affordability has crumbled this year, and it may erode further at the hands of the Federal Reserve. The Fed on Wednesday raised the federal funds rate by three-quarters of a percentage point to a range of 3.75% to 4%. The central bank’s action will directly or indirectly raise the floor under several consumer interest... Holden Lewis writes for NerdWallet.
Comment on Home Affordability Takes a Hit as Fed Fights Inflation
Holden Lewis, NerdWallet.com
Wed, 11/02/2022 - 11:14am
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