Rising interest rates, the real estate cycle and the new year
The Federal Reserve's recent half-point interest rate hike, announced by this media outlet, represents an increase in the mortgage interest rate from 7.75% to 8.5%. Likewise, the Federal Reserve also announced that further interest rate hikes could occur in 2023, which will depend on economic conditions. This is the response of the real estate dimension…
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Seeing the potential for opportunities in weaker markets
Mortgage Rates Have Room to Rise in January, Prior to Fed Meeting
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