It’s no surprise that rapid interest rate increases by the Federal Reserve have pushed up mortgage rates. Changes in consumer behavior and decisions made by investors on Wall Street are also to blame for higher rates.
Joe Rennison and Tara Siegel Bernard, Chicago Tribune: Business
Thu, 11/03/2022 - 7:29am
It’s no surprise that rapid interest rate increases by the Federal Reserve have pushed up mortgage rates. Changes in consumer behavior and decisions made by investors on Wall Street are also to blame for higher rates.