How will rising interest rates affect the market?

Many of you may be wondering how the recent rise in interest rates affects buying power and the temperature of the market. I’ve attached a great article that explains in digestible terms what happens when the FED raises rates. With the increase in rates now on its third tick this year, it’s good to know what we all can expect.

https://www.investopedia.com/mortgage/mortgage-rates/housing-market/