Impact of Federal Interest Rates on The Multifamily Market

Impact of Federal Interest Rates on the Multifamily Market

Federal Interest Rates refers to the rates at which depository institutions (mainly commercial banks), lend and borrow funds held at the Federal Reserve.The Federal Funds Rate serves as the benchmark rate for banks and other depository institutions when determining the interest rates at which they will lend money to third parties. To simplify this definition,…

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