Today’s mortgage and refinance rates: May 5, 2022 | The Fed announces its largest rate hike since 2000

The Federal Reserve announced Wednesday that it will raise the federal funds rate by 0.5% and reduce its balance sheet as part of its mission to get inflation under control. This half-point increase is the Fed’s largest hike since 2000. READ MORE


Submit a Comment

Your email address will not be published. Required fields are marked *