What the Fed’s July rate hike means for homebuyers and sellers

What the Fed’s July rate hike means for homebuyers and sellers

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By Jeff Ostrowski, Bankrate.com The Federal Reserve has resumed its war on inflation. After raising rates 10 times in 10 meetings in 2022 and 2023, the central bank took a break in June. But at its July 26 meeting, it was back to fighting form: Fed chairman Jerome Powell announced a quarter-point…

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