Home equity loan rate forecast for spring 2024: Here's what experts predict

by CBS news

Following its March meeting, the Federal Reserve did not change the federal funds rate, keeping the target rate at a range of 5.25-5.50%. A few months ago, many experts predicted that the Fed would start cutting rates in early 2024, but conditions have changed, with inflation being more persistent than expected. And with the Fed keeping rates high, that has influenced the real estate market.

 

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