Asian Spectator

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Federal Reserve is about to hike interest rates once again – so why are mortgage rates coming down?

  • Written by D. Brian Blank, Assistant Professor of Finance, Mississippi State University
Federal Reserve is about to hike interest rates once again – so why are mortgage rates coming down?Homebuyers are receiving something of a holiday gift in falling mortgage costs.Andrii Yalanskyi/Getty Images

The Federal Reserve is expected to raise interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, which would be the seventh increase this year. So far in 2022, the Fed has lifted its benchmark short-term rate,...

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  1. Arctic Report Card 2022: The Arctic is getting rainier and seasons are shifting, with broad disturbances for people, ecosystems and wildlife
  2. Are snow days about to get buried by remote learning? Not quite -- but it depends on where you live
  3. Timing matters for medications – your circadian rhythm influences how well treatments work and how much they might harm you
  4. That annoying ringing, buzzing and hissing in the ear – a hearing specialist offers tips to turn down the tinnitus
  5. After 50 years, 'liberation theology' is still reshaping Catholicism and politics – but what is it?
  6. Iranian protesters turn to TikTok to get their message past government censors
  7. Congress aims to close off presidential election mischief and fraud with simple and bipartisan solutions
  8. Brittney Griner's case was difficult for US negotiators for one key reason: She was guilty
  9. Fed wants inflation to get down to 2% – but why not target 3%? Or 0%?
  10. Japan's Laughing Buddha Hotei is merging into Santa Claus -- both are roly-poly sacred figures with a bag of gifts

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