Below is a list of interest rate increases by the Federal Reserve in 2022 & 2023, a total of 5.0% in just under 14 months.
While prices have come down from recent highs, they are still nowhere near where they were about 3 years ago for the most part.
May 3, 2023 +25 5.00% to 5.25%
March 22, 2023 +25 4.75% to 5.00%
Feb 1, 2023 +25 4.50% to 4.75%
Dec 14, 2022 +50 4.25% to 4.50%
Nov 2, 2022 +75 3.75% to 4.00%
Sept 21, 2022 +75 3.00% to 3.25%
July 27, 2022 +75 2.25% to 2.50%
June 16, 2022 +75 1.50% to 1.75%
May 5, 2022 +50 0.75% to 1.00%
March 17, 2022 +25 0.25% to 0.50%