As the Federal Reserve looks to curb high levels of inflation, its next moves are set to have a big impact on the mortgage market. And many people’s ability to purchase a home could hang in the balance.
The Federal Reserve warned on Wednesday that it’s close to being ready to taper the bond-buying program that’s been in place throughout the COVID-19 pandemic to boost the nation’s economy. In a speech following the central bank’s meeting, Fed Chairman Jerome Powell indicated that the bank could “easily move” to scale back those…