Interest rate volatility contributed to higher mortgage rates in 2022

W Frame and Matthew McCormick

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The Federal Reserve aggressively tightened monetary policy in 2022, responding to high and persistent inflation. The resulting borrowing cost increase for households and firms was generally anticipated. However, fixed-rate mortgage interest rates were especially sensitive to the policy regime change.

Keywords: monetary policy; banking; finance; mortgage; interest rates (search for similar items in EconPapers)
Date: 2023-04-04
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/research/economics/2023/0404 Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:95917

Access Statistics for this paper

More papers in Dallas Fed Economics from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().