The Federal Reserve (also known as the Fed) is the United States’ central bank, and one of the key drivers of mortgage rates. Here’s a rundown on how the Federal Reserve impacts real estate. TAKE THE INMAN INTEL SURVEY FOR SEPTEMBERHow the federal reserve impacts real estateWhat is the purpose of the Federal Reserve? The main purpose of the Federal Reserve is to keep the U.S. economy healthy and stable by focusing on two goals: maximum employment and stable prices. How does the Federal Reserve influence mortgage rates?