INDIANAPOLIS — The Federal Reserve has raised interest rates yet again as it continues to fight inflation.This time, the rate hike is 0.25%.
That high demand is something Miguel Dominguez is familiar with. He and his wife bought a home a few months ago. He says the process was complicated. The reason the Federal Reserve has continued to increase rates is because they were trying to cool the housing market. Economists say this tactic is working.
If you are looking to buy a home, it may seem like a bad time. However, financial advisors say it’s important to keep in mind that interest rates are always changing.
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