What’s Happening With Mortgage Rates?
Interest rates are talked about a lot these days. People want to know if they're going up or down, and why. I'll explain it briefly and tell you what experts think will happen in the future.
To answer this question, you need to understand how this problem started. Basically, you need to know about inflation. The Federal Reserve has been taking actions to raise interest rates in order to reduce inflation and slow down the economy. When inflation goes down, interest rates may also go down.
