With the December Federal Open Market Committee meeting drawing near, it is useful to revisit some of the themes that may play out and offer a little background on the Fed policy rate, mortgage rates, housing price and commercial property value sensitivity to shifting rates.
Bloomberg notes that Federal Reserve (The Fed) policy makers inserted language in the October statement that indicated that it might be time to raise the benchmark lending rate in December, reiterating that these increases would be gradual. No...
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