This blog post covers the most recent move by the Federal Reserve to combat inflation. In 22 years, there had not been such a steep rate hike. But what does all of this mean for the home buyer? The answer is that all these moves put pressure on mortgage rates. This said, mortgage rates actually fell following the announcement of the rate hike. This suggests that the steep rate hike was introduced to help stabilize the market.
Now to the title of the blog post. It is a reference to the old classic western movie starring Clint Eastwood. The title fits right into this topic since none of these changes are one size fits all, so click below to learn about the good, the bad and the ugly about these recent Federal Reserve changes.
CLICK HERE FOR MORE: THE GOOD THE BAD AND THE UGLY
In the article you will know that even though these moves by the Feds are introduced to help the market, we are not out of the woods yet, and there is more to come. The positive is that these moves will help combat inflation, but it is not a panacea. It is important to keep our eyes open and understand how these changes impact the housing market and eventually the home buyer.
Thanks for stopping by! Leave your email below to subscribe to my blog.