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Feds raises rates to curb inflation, local experts react

Name: Feds raises rates to curb inflation, local experts react
Uploaded: 2022-09-19T10:38:00-0400
Duration: 1 min 59 s
Description: Interest rates over the last few years have dipped as low as 2.71%, which gave buyers the ability to pay more for homes. Lower interest equals a lower payment and a lower payment allows buyers to afford a higher purchase price.

Interest rates over the last few years have dipped as low as 2.71%, which gave buyers the ability to pay more for homes. Lower interest equals a lower payment and a lower payment allows buyers to afford a higher purchase price.