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rate volatility

The Fed’s latest rate hike: here’s what homebuyers need to know

September 27, 2022 affordability, Federal Reserve, inflation, rate hike, rate volatility, rates, the morty report

You may have heard that the Federal Reserve raised the federal funds rate by .75% on Wednesday. This rate controls how expensive it is for banks to borrow and lend from each other – which influences how much it costs for most consumers to borrow money, too.  What does this news mean for mortgage rates […]

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Morty is a licensed mortgage broker. NMLS ID # 1429243. NMLS Consumer Access. All loans originated by Morty are funded by third party lenders. Morty, Inc. is authorized to do business as “Morty” in certain states. Morty is an equal housing lender.

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