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Higher federal interest rates could reduce competition among homebuyers

Video Credit: Rumble - Duration: 02:42s - Published
Higher federal interest rates could reduce competition among homebuyers

Higher federal interest rates could reduce competition among homebuyers

The Federal Reserve has recently raised interest rates.

The rate now sits at three quarters of a percentage point, and is seen as an effort to slow rising inflation.

The rate increase is impacting home buyers.


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