At the end of September, the Fed chose to raise the target Federal Funds Rate. Another rate increase is expected before the end of the year. And chances are good that we can expect additional rate increases in 2019. That’s important news, though not many people understand exactly what a rate increase means or how it relates to their day-to-day lives. If you’re a person … [Read more...] about How do the Fed’s Interest Rate Changes Affect Mortgage Rates?