Real Estate
How Latest Interest Rate Hikes Are Impacting The Twin Cities Housing Market
It will cost more to borrow money for credit cards, car loans and home mortgages after the federal government raised interest rates again.
February 2, 2023
It will cost you more to borrow money for credit cards, car loans and home mortgages after the federal government raised interest rates again.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
The federal reserve raised its key interest rate by a quarter of a percentage point Wednesday.
This interest hike comes after national numbers show the demand for homes is dropping, but it remains to be seen what will happen in the Twin Cities housing market.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
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