The Cycle Of Mortgage Rates - How It Works
- Ross Varahrami
- Jun 2, 2022
- 1 min read
Updated: Dec 13, 2023
**ANOTHER 50 BPS RATE HIKE TODAY BY THE FED** Where are mortgage rates headed and where will they be at in the future? Historically, rates have been cyclical - look at the chart. We’ve seen 2 of approx. 7 rate hikes for the year per the Fed. If you’re considering buying or pulling cash-out, it’s best not to wait as we are pushing through an inclining rate market.
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