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1 Jul, 2022
Reaves & Lee

Mortgage Rates Rise To Combat Inflation

It is no secret that the country is experiencing a rise in inflation. Although there is no one single cause, many factors contribute to the current situation. For many Americans, the day to day experience of inflation is more...

15 Jun, 2022
Reaves & Lee

Mortgage Rates Expected To Soar

Why are the mortgage interest rates going up? The mortgage interest rates are going up because the Federal Reserve is raising the federal funds rate. The federal funds rate is the rate at which depository institutions lend...