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The Fed is likely to raise interest rates as inflation persists. What that means for consumers

CNBC — Real Estate cnbc.com

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The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.

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Homeowners are sitting on record equity – and not using it

U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.