Tag Archive for: Rate Check

When the Fed Raises Rates: What It Means to You

When the Fed raises rates, it could affect your mortgage, especially if you have an adjustable-rate mortgage or a hybride loan.  You probably heard the Federal Reserve raised a key interest rate this week by 0.25% to 1.50%.  The Federal Funds rate may not be an everyday term consumers refer to but lenders certainly do. […]