The Fed Just Raised Rates for the First Time Since 2023 — What It Means If You’re Selling a Memphis House
On September 16, the Federal Reserve raised its benchmark interest rate to a target range of 3.75% to 4% — its first hike since 2023. If you’re trying to sell a house in Memphis, that matters for one concrete reason: higher rates shrink the pool of buyers who can qualify for a loan on your … Continued