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Fed Signals Higher Rates Ahead | Real Estate News
Federal Reserve Chair Kevin Warsh warned inflation’s fight isn’t over, hinting at higher borrowing costs to cool prices—directly impacting mortgage rates. While big players may shrug, everyday Americans feel the squeeze, pushing the Fed to stay firm on policy. Economists say mortgage rates, already at 6.66%, could climb further as markets anticipate hikes—though some of that pressure is already baked into current rates. Warsh acknowledged housing strain but sees overall financial conditions as manageable, with inflation control still the top priority. Listen in comfort:Get a discount on a…
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