Mortgage Rates Are Likely to Stay High as Fed Hikes Rates and Signals More to Come

Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on the way. The committee unanimously agreed to a hike today and projected another hike or two through 2027 but that may undershoot the reality as Fed officials seem to think […] The post Mortgage Rates Are Likely to Stay High as Fed Hikes Rates and Signals More to Come appeared first on Redfin Real Estate News .