Correspondent Blog
Tag: Lender Training
10/02/22
How To Talk To Commercial Borrowers About The Future Path of Interest Rates
The Federal Reserve Open Market Committee (FOMC) has raised short-term interest rates by 3.00% in the six months between March and September. The market is now forecasting an additional 1.25% in hikes by year’s end, with the next move coming on November 3rd. Many borrowers and market participants have been surprised by the speed of…