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What Does Rising Mortgage Rates Mean For Rental Property Owners – The Good & The Bad

What Happened? Average 30-year fixed-rate mortgage interest rates have gone up this year from 3.375% in April 2021 to currently 5.11% as of April 2022. This was due to the Federal Reserve voting in March to start lifting its benchmark federal-funds rate by a quarter percentage point to a range between 0.25% and 0.5%. ThisContinue reading “What Does Rising Mortgage Rates Mean For Rental Property Owners – The Good & The Bad”