David Hall, President and CEO of Hall Financial and a leading mortgage expert, sat with Roop Raj from Fox 2 to answer questions about the current mortgage market.
The Federal Reserve Bank met on March 16, 2022, and Hall offered his expertise on what this may mean for the market and consumers. In this clip, Hall and Raj discussed the question: How long until the Fed raises interest rates again?
Hall believes the Fed is going to raise interest rates by a quarter soon, which will likely cause a market impact. If you are waiting to buy a house or apply for a mortgage, prices are likely to go up but rates are still historically low.
The Hall Financial mortgage experts are available 7-days a week to answer all mortgage and refinance related questions. For more information click the chat to talk to a mortgage expert or call us at 866-Call-Hall.