Spring often marks the start of the busiest season in the housing market, and many buyers are preparing to make a move this year. At the same time, the Federal Reserve's next policy meeting on March 17–18 has some prospective buyers watching mortgage rates closely.
If rates fall, borrowing could become slightly more affordable. If they hold steady, many buyers may still move forward with their plans anyway. The reality is that mortgage rates do not move in lockstep with the Fed, and trying to perfectly time the market can be frustrating.
