As this month brought word that the Federal Reserve had lifted the benchmark federal funds rate by a quarter of a percent, the doom-and-gloom scenarios began spinning in real estate offices across the country. If the real estate industry has benefitted from record low interest rates, then rising rates will depress the industry, right? Well, the answer might not be so simple.
Source: Inman News
How do interest rate increases really impact real estate decisions?
Published in Agent, AlphaFlow, christy murdock edgar, interest rates, Markets & Economy, Mortgage, ray sturm, Select, the Fed and the federal reserve
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