The 's latest interest rate hike could mean higher borrowing costs for some consumers, but when it comes to mortgage rates, this time might be different.
The Fed on Wednesday a half-point, to a range of 4.25 percent to 4.5 percent, its highest level in 15 years.
Though it marked a smaller increase than its previous three-quarter-point hikes, the latest move will further increase borrowing costs for families and businesses, and raises the risk of a recession.
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