Why New Mexico business sellers are turning to seller financing
On Wednesday, the Fed raised interest rates a quarter point, making it the eight time that they’ve adjusted the bank rate in the last 12 months, and putting interest rates at their highest level since 2007. The banking industry anticipates more increases totaling an additional three-quarters hike by the end of 2023. The Fed’s main if imperfect tool to combat inflation, higher interest rates come when many business owners are ready to exit their business and...