Stephen Gaylor | April 6, 2017
By Stephen Gaylor On Wednesday, March 15, 2017, the headline from the Economy section of the New York Times boldly announced that the "Fed Raises Interest Rates for Third Time Since Financial Crisis." This is the second time in three months that the Federal Reserve has raised rates, yet only the third time in the past decade. For those who do not deal with interest rates on a daily basis, it is important to note that the rate hikes which have recently taken place do not have a direct impact on the type of debt utilized to finance real estate, however, they do provide us with a glimpse of the future. Rates are going up, and they are like...
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