1. The Federal Reserve has decided to raise mortgage interest rates.

    Fed Hikes Mortgage Interest Rate, Projects More Increases In 2017 The Federal Reserve raised the Fed Funds Rate at its December 2016 meeting. Adjourning from a 2-day session, the nation's central banker voted to increase its key interest rate to a range near 0.50%. It's the first hike in 2016, and o…Read More