Interest rates have rocketed higher in 2022, and at a faster pace than virtually anyone anticipated. But what's in store for 2023? In this short video, Certified Financial Planner® Matt Frankel discusses where he thinks the Fed's interest rate moves as well as mortgage rates are going in 2023.
Nobody knows for sure, but here's where I think we're heading.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst and personal finance expert covering financial stocks, REITs, SPACs, and personal finance. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, The National Desk, and other TV networks and publications for his financial, stock market, and investing expertise.