09/17/2026
The Federal Funds Rate Increased. Your KMG loan officer can help you make sense of it.
On Wednesday, the Federal Reserve raised its benchmark rate by 0.25 percentage points, its first increase since 2023, and signaled another increase could come later this year.
Headlines like this raise a lot of questions for buyers.
The Fed doesn’t set mortgage rates directly, and rates can move daily based on inflation, the bond market, and the broader economy. That’s why talking with a loan officer who knows your full picture matters more than following the news.
Here’s how a KMG loan officer can help right now:
🔑 Strengthen your offer. With more homes on the market, buyers may have more room to negotiate. Your loan officer can show you how seller credits or concessions could fit into your deal.
📋 Plan your rate lock. A full pre-approval puts you in position to lock when the timing is right. Your loan officer can walk you through your options and when to act.
💡 Find the right loan structure. There’s more than one way to finance a home. Your loan officer can look at your budget, timeline, and long-term goals to help you find the structure that fits.
Have questions about what this means for your plans?
Reach out to your KMG loan officer today, or send us a message!
The KM Group at CrossCountry Mortgage
165 E. Main Street, Denville, NJ 07834
Branch NMLS #1879572 | Company NMLS #3029
Equal Housing Opportunity
This content is for informational purposes only and is not a commitment to lend or an offer to extend credit. All loans are subject to credit approval, underwriting guidelines, and property eligibility. Not all applicants will qualify. Programs, rates, terms, and conditions are subject to change without notice. Market information is based on publicly available sources and is believed to be accurate but is not guaranteed. Seller concessions are subject to negotiation and program limits. Licensing information: nmlsconsumeraccess.org
