Mortgage rates increased from 3.2% in January 2022 to 7.8% by October 2023.

Submitted by ◎ stannebraska (329) 5 months, 3 weeks ago

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Higher Fed rates transmitted to consumer borrowing costs, reducing demand for housing and cooling price growth in the real estate sector.

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Cited as evidence in 1 claim: The Federal Reserve raised the federal funds rate 11 times … (supports)

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Mortgage rates increased from 3.2% in January 2022 to 7.8% by October 2023.

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