Fed Raises Interest Rates and Makes Few Changes to Outlook Ahead of Transition to Powell

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The Federal Reserve on Wednesday lifted a key U.S. interest rate and struck a wait-and-see stance that takes into account weak inflation and a change in leadership at the central bank.

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The Fed Finally Acts: Yup, Mortgage Rates Will Be Going Up

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After months of anticipation, the Federal Reserve announced it will be raising a key interest rate for the first time this year and just the second time since the housing bubble burst in 2007.

The post The Fed Finally Acts: Yup, Mortgage Rates Will Be Going Up appeared first on Real Estate News & Advice | realtor.com®.