91: The Fed Starts Playing “Mind Games” as Rates Rise, Home Prices Fall
Last week, the Federal Reserve both surprisingly and unsurprisingly raised rates. For weeks leading up to this meeting, investors had a glimmer of hope that the historical rate hikes would end and that we could finally look forward to a time of reasonable mortgage rates and sustainable home prices. But, even with high rates, the housing market has taken some surprisingly strong wins. We’ll get into today’s top real estate-related stories in this episode!
Welcome back to another correspondents show where our “housing market data without the hysteria” expert guests bring in some of the most…
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