But leaves door open for future hikes by year-end This week the Federal Reserve left short-term interest rates alone, but signaled more hikes could be on the horizon in late 2023. For the second time in three meetings, the Fed opted for a pause in its 17-month period of increasing borrowing ... Continue Reading » about The Fed Leaves Rates Alone for Now in September
interest rates
Palmetto Borrowers See Slight Fall in Mortgage Interest Rates
It was fairly clear that the table had been set for last week’s Federal Reserve meeting to result in a minimal rise in mortgage interest rates. Their Fed Funds rate directly influences the mortgage interest rates that banks observe. Since Palmetto real estate activity can be spurred or dampened by ... Continue Reading » about Palmetto Borrowers See Slight Fall in Mortgage Interest Rates