The Federal Reserve Isn’t Slowing Its Rate Hikes Ahead of the Spring Market

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The Federal Reserve Isn’t Slowing Its Rate Hikes Ahead of the Spring Market

Mortgage rates rose to 7.03% for 30-year fixed-rate loans on Tuesday afternoon as the Federal Reserve continued its ongoing efforts to tame inflation in the U.S. economy, Realtor.com reports. Less than two months ago, near-6% interest rates motivated a wave of buyers to return to the for-sale market after months of stagnant activity, but experts
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