Market Check: how does the Fed announcement affect mortgages?

Earlier this week, the Fed held a press conference with details and information about the economy of the United States. This announcement points out the state of our economy and explains what to expect in the following months. Let’s remember the Fed established different measures at the beginning of the pandemic to help the economy to stay afloat, now they are saying things could change in 2022.

In this video, we explain how this announcement affects the mortgage market for homebuyers and even homeowners.

Even though the funds from the Fed are not tight to mortgages, it can influence the industry. If you have questions, please, contact us, we are here to help you.