Mortgage Rates Surge Higher, But Not Because of Yesterday's Fed Rate Hike - Mortgage News Daily
mortgagenewsdaily.comSubmitted by mortgagenewsdaily5366 in business
The Fed hiked its policy rate yesterday and now today, mortgage rates jumped quite a bit higher. While there are already headlines drawing a connection between these two events, they are actually unrelated. As we discussed yesterday, the Fed's rate hike was…