Mortgage rates 2022: The Fed ‘will push rates higher’ but not ‘over 4%,’ William Raveis VP says

Yahoo Finance published this video item, entitled “Mortgage rates 2022: The Fed ‘will push rates higher’ but not ‘over 4%,’ William Raveis VP says” – below is their description.

#interestrates #Mortgage #FederalReserve

William Raveis Mortgage Regional VP & Executive Mortgage Banker Melissa Cohn joins Yahoo Finance’s Brian Cheung to discuss the expectations for mortgage rates in 2022, the Omicron variants impact on the housing market, and how the major banks may respond.

Yahoo Finance YouTube Channel

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In This Story: Brian Cheung

Brian Cheung is an on-air reporter covering the Federal Reserve, economics, and banking for Yahoo Finance. He previously wrote for S&P Global Market Intelligence and, prior to that, worked at the Federal Reserve.

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In This Story: Omicron

The Omicron variant of Covid-19 (also known as B.1.1.529) has been declared a Variant of Concern.

The Technical Advisory Group on SARS-CoV-2 Virus Evolution (TAG-VE) is an independent group of experts that periodically monitors and evaluates the evolution of SARS-CoV-2 and assesses if specific mutations and combinations of mutations alter the behaviour of the virus. The TAG-VE was convened on 26 November 2021 to assess the SARS-CoV-2 variant: B.1.1.529 – which is known as Omicron – the group declared the variant a Variant of Concern.

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