{"id":19813,"date":"2021-12-20T14:50:31","date_gmt":"2021-12-20T14:50:31","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19813"},"modified":"2021-12-20T14:50:31","modified_gmt":"2021-12-20T14:50:31","slug":"fed-plans-rate-hikes-to-manage-inflation","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/","title":{"rendered":"Fed Plans Rate Hikes to Manage Inflation"},"content":{"rendered":"<h1 class=\"page-title \">Fed Plans Rate Hikes to Manage Inflation<\/h1>\n<div class=\"pane-node-body pane pane--nodebody\">\n<div class=\"pane__content\">\n<div class=\"field field--body\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>The Federal Reserve said on Wednesday that it plans to have multiple rate increases in 2022 and will taper its monthly asset purchases at a quicker, much more aggressive pace than analysts originally anticipated. What could this mean for mortgage rates?<\/p>\n<p>CNBC reports \u201cthe days of rock-bottom rates are nearly over.\u201d<\/p>\n<p>The Fed\u2019s benchmark short-term interest rate does not directly influence mortgage rates but it does often influence them. The Fed expects the central bank\u2019s benchmark interest rate to increase to 0.9% in 2022, up from a prediction of 0.3% in September.<\/p>\n<p>\u201cFor consumers, the writing is on the wall that interest rates are likely to start climbing in 2022,\u201d Greg McBride, chief financial analyst at Bankrate.com, told CNBC. That likely includes long-term mortgage rates, since they are influenced by economic conditions and inflation.<\/p>\n<p>The Fed said it\u2019s moving more briskly to try to manage inflation. \u201cWe are prepared to use our tools to make sure high inflation doesn&#8217;t get entrenched,\u201d\u00a0Fed Chair Jerome Powell said in a video news conference. \u201cThis is a strong economy, one in which it&#8217;s appropriate for interest rate hikes.\u201d<\/p>\n<p>Last month, consumer prices moved higher, reaching 6.8% annually in November, prompting increased concerns over inflation.<\/p>\n<p>In the housing market, mortgage rates are being closely watched since they have a big impact on home shoppers\u2019 purchase power. The average 30-year fixed-rate mortgage has already increased to 3.24%, and LendingTree analysts now expect rates to climb near 4% by the end of 2022. National Association of REALTORS\u00ae Chief Economist Lawrence Yun has predicted that mortgage rates will average 3.5% in 2022, although that prediction was made before the Fed\u2019s actions Wednesday.<\/p>\n<p>But home shoppers shouldn\u2019t panic: Rising mortgage rates\u2014even approaching 4%\u2014will still remain near historical lows, analysts say. Also, higher rates could slow the housing market somewhat, which wouldn\u2019t necessarily be a bad thing, Jacob Channel, senior economic analyst at LendingTree, told CNBC. \u201cHigher rates are likely to decrease demand for new housing; would-be home buyers might find themselves with a greater selection of homes to choose from in 2022,\u201d Channel says.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"pane-node-field-news-source pane pane--nodefield-news-source\">\n<div class=\"pane__content\">\n<div class=\"field clearfix field--news-source\">\n<div class=\"field-label\">Source:<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">\u201c<a href=\"https:\/\/www.cnn.com\/2021\/12\/15\/economy\/federal-reserve-powell-inflation-taper\/index.html\" target=\"_blank\" rel=\"noopener\" data-di-id=\"di-id-62a99310-ecea53ac\">The Fed Hints at Multiple Rate Hikes in 2022 to Combat Inflation<\/a>,\u201d CNN Business (Dec. 15, 2021); \u201c<a href=\"https:\/\/www.usatoday.com\/story\/money\/2021\/12\/15\/fed-meeting-interest-rates\/8902953002\/\" target=\"_blank\" rel=\"noopener\" data-di-id=\"di-id-7be4bf0a-50364b7c\">Federal Reserve Sets Stage for Earlier, Faster Interest Rate Hikes as Inflation Soars<\/a>,\u201d USA Today (Dec. 15, 2021); and \u201c<a href=\"https:\/\/www.cnbc.com\/2021\/12\/15\/the-feds-latest-move-will-send-borrowing-costs-higher.html\" target=\"_blank\" rel=\"noopener\" data-di-id=\"di-id-6db76fc-696aa167\">The Fed\u2019s Latest Move Will Send Borrowing Costs Higher<\/a>,\u201d CNBC (Dec. 15, 2021)<\/div>\n<div><span class=\"field-content\">\u00a9National Association of REALTORS\u00ae<br \/>\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fed Plans Rate Hikes to Manage Inflation The Federal Reserve said on Wednesday that it plans to have multiple rate increases in 2022 and will taper its monthly asset purchases at a quicker, much more aggressive pace than analysts originally anticipated. What could this mean for mortgage rates? CNBC reports \u201cthe days of rock-bottom rates &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19813","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed Plans Rate Hikes to Manage Inflation - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-plans-rate-hikes-to-manage-inflation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-plans-rate-hikes-to-manage-inflation\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Fed Plans Rate Hikes to Manage Inflation\",\"datePublished\":\"2021-12-20T14:50:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-plans-rate-hikes-to-manage-inflation\\\/\"},\"wordCount\":409,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-plans-rate-hikes-to-manage-inflation\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-plans-rate-hikes-to-manage-inflation\\\/\",\"name\":\"Fed Plans Rate Hikes to Manage Inflation - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fed Plans Rate Hikes to Manage Inflation - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Fed Plans Rate Hikes to Manage Inflation","datePublished":"2021-12-20T14:50:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/"},"wordCount":409,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/","name":"Fed Plans Rate Hikes to Manage Inflation - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"datePublished":"2021-12-20T14:50:31+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-rate-hikes-to-manage-inflation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.anthonydidonato.net\/wordpress\/"},{"@type":"ListItem","position":2,"name":"Fed Plans Rate Hikes to Manage Inflation"}]},{"@type":"WebSite","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website","url":"http:\/\/www.anthonydidonato.net\/wordpress\/","name":"Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Properties and Real Estate for Sale","publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.anthonydidonato.net\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","url":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","contentUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","caption":"admin"},"logo":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg"},"description":"For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. 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He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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