Rapid Interest Rate Hikes
The Unintended Consequences of Rapid Interest Rate Hikes The U.S. housing market has been on a roller coaster ride in recent years, with record-low mortgage rates fueling a home-buying frenzy during the pandemic. However, the rapid-fire interest rate hikes by the Federal Reserve, totaling 11 since May 2022, have given borrowers whiplash and, according to […]
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