2 of the Factors That Impact Mortgage Rates
The Fed does move the Federal Funds Rate up or down in action to what’s occurring with inflation, the economy, work rates, and more. High inflation and investor expectations of more Fed rate walkings can push home mortgage rates up. Over the last number of years, the Fed raised the Federal Fund Rate to attempt to fight inflation and, as that occurred, home mortgage rates leapt up, too.

High inflation and investor expectations of more Fed rate hikes can press home loan rates up. Over the last couple of years, the Fed raised the Federal Fund Rate to attempt to fight inflation and, as that happened, home loan rates leapt up, too.