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The Fed Funds Rate DOES NOT EQUAL the Mortgage Rate! - Atlanta Home Loan Team



Breaking News‼️ - The Fed Funds Rate increased .75% today. BUT, it’s important to know the Fed Funds Rate DOES NOT EQUAL the Mortgage Rate! The Fed Funds rate impacts short term and/or variable rates like:


- Credit Card Rates

- Auto Loan Rates

- Savings Account Rates

- Student Loan Rates


Mortgage Rates have actually DECREASED this week!! (7/27/2022)



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Tom is giving two Wednesday Mortgage Updates today. If you are thinking when the Fed raises rates next week it will directly raise mortgage rates, then listen in. With the market shifting, here is som