'Financial Hurdles To Owning A Home Have Rarely Been Higher,' Says BMO As Fed Holds Rates, Extending Wait For Homebuyers

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'Financial Hurdles To Owning A Home Have Rarely Been Higher,' Says BMO As Fed Holds Rates, Extending Wait For Homebuyers

benzinga.com/news/25/05/45311797/the-financial-hurdles-to-owning-a-home-have-rarely-been-higher-says-bmo-as-fed-holds-rates-extending-wait-fo

The Federal Reserve kept interest rates steady Wednesday between 4.25% and 4.50%, marking the third consecutive pause in rate policy and extending the wait for potential homebuyers seeking relief from elevated mortgage costs.
What Happened: Housing market participants hoping for signs of…

This story appeared on benzinga.com, 2025-05-09 08:59:24.