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Summer 2022: What you need to know about the Fed raising mortgage rates

Many people are talking about interest rates these days. Some common conversations are, “I heard the Fed raised interest rates!” or “Should I lock my loan before the Fed raises (mortgage) rates again?” Yet there is something you need to know.

In this quick 2 minute video, Leslie Swart, co-owner of Blue Skye Lending in sunny Florida, explains how the Fed’s rate hike affects mortgage rates.

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