US lumber prices extended their 2-day decline to 10% after the Fed hiked interest rates by 75 basis points on Wednesday.  The aggressive interest rate hike from the Fed helped solidify the recent surge in mortgage rates to above 6%.  "The lumber market continues to be in a state of overall malaise as buyers anticipate lower overall demand going forward," Sherwood Lumber said.  US softwood lumber prices fell 6% on Thursday, extending their two-day decline to 10% after the Federal Reserve hiked interest rates by another 75 basis points.  The aggressive ...