FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET
Will Springer Realtor
OCTOBER 11, 2022
That’s the million-dollar question and the answer is closely tied to the government’s ability to stem inflation, which makes the cost of our question closer to $1,085,000. How long can this go on? If interest to finance a home is roughly twice the Fed funds rate of today, does that mean mortgage rates could hit double digits?
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