Real Estate and the Prime Rate – What is the Fed and how will a rate hike affect the real estate market?
What is the Fed and how the interest rates affect Real Estate Mike Ferrante from the 21 Mike Team at Century 21 HomeStar discussed the Fed and interest rates with Joe Fragapane and Tim Atkinson from First National Bank. The Fed, also called the Central Bank, controls interest rates and fair markets for the United States. The interest rate is …