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Have an Adjustable Rate Mortgage?
A quarter-point interest rate hike by the Federal Reserve means the central bank has confidence that the economy is growing A quarter-point (0.25%) interest rate hike by the Federal Reserve means the central bank has confidence that the economy is growing strong enough to handle higher borrowing costs. It is generally a positive signal that jobs are secure and consumer spending is resilient. For the broader real estate market, a minor hike is easily absorbed and rarely causes
catalanorealty
11 hours ago3 min read
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