Myth vs. Reality: Does the Fed Control Mortgage Rates?

You've probably heard the Federal Reserve (the Fed) is raising rates again. And if you're planning to buy or sell a house, you may be wondering what that means for you.With all the headlines, it’s easy to think the Fed sets mortgage rates. That’s actually a common myth. But the Fed’s decisions can s

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McMinn Monday Market Update: Oxford Dollar Volume Rises as Rates Test Fall Buyers

By Lee McMinn, ALC | McMinn Realty | Oct 5, 2026 Good Monday evening from North Mississippi. This week's market is giving buyers more room to negotiate, but it is not giving them the same opportunity everywhere. Oxford residential dollar volume remains slightly ahead of last year even with fewer clo

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What Higher Mortgage Rates Mean for Home Sellers

Higher mortgage rates don't just affect buyers. They can change what it takes to sell your house, too.That's because today's buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, they're

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