FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET
Will Springer Realtor
OCTOBER 11, 2022
Ten months and five Fed rate hikes later, mortgages are being offered at an interest rate that is more than double from January. points away, but there are some experts – former Treasury Secretary Larry Summers among them – that believe to fully remedy rising inflation the Fed must be more aggressive and target its rate in a 5.0%-5.5%
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