STOCKS TUMBLE & MORTGAGE RATES SPIKE UP | The Federal Reserves Hikes Rates to .75 BPS

The Federal Reserve just increased interest rates by another 75 BPS. The stock market tanks in reaction to the Federal Reserve’s Outlook and mortgage rates are now at 20-year highs.

What’s up guys this is Oliver, your Bay Area Realtor, and for today’s video we’re going to be reviewing the Federal Reserve’s most recent federal rate hike in their 6th meeting and how it has impacted our overall economy.

If you're new here, my name is Oliver, I’m a realtor in the Bay Area and I create content on the latest news revolving the real estate and mortgage market nationwide and how that ultimately impacts our beloved Bay Area real estate market. If you enjoy me making these videos, I’d appreciate if you like the video and feel free to subscribe and hit the bell icon. This will help support my channel and help home buyers and sellers like yourself who want to stay updated with the Bay Area real estate market. Now with that out of the way, let’s queue up the intro.

You can watch the video here:


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