07/18/2022
As we look ahead it's certain Fed rate policy will catch news headlines.........just remember............ "There's a popular misconception that the Fed sets mortgage rates, or controls them directly in some way. They don't."
It was a week for paradoxes on several fronts, most notably when mortgage rates moved lower just after the Fed floated the idea of an even bigger hike. There's a popular misconception that the Fed sets mortgage rates, or controls them directly in some way. They don't. The Fed sets....