Does a Fed Rate Increase Doom Housing?
Posted on
October 8, 2015
by Mark Fleming, chief economist, First American. Article originally published in the 2015 October Edition of REAL Trends. While the Federal Reserve hasn’t raised rates yet, it could potentially decide, before the end of the year, to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates. One argument is that...