The Fed Broke Home Prices & Now We All Have To Pay | Amy Nixon

Wealthion - Be Financially Resilient · Mar 1, 2023 · 1h 27m

Record-low interest rates & central bank stimulus resulting in a record decade for housing price gains leading up to 2021.

But then the Fed and many other central banks reversed policy. Interest rates have rocketed higher and the stimulus spigots have turned off. Mortgages are now more than twice as expensive than they were two years ago.

As home prices are now weakening nationwide -- and globally, too -- homeowners around the world are asking: if a correction is now in process, how bad will it get?

To help us better understand the key dynamics in play, Amy Nixon returns to the program. She…