The looming question on investors and retail home buyers mind. Will the FED continue to raise rates? With a recession hanging over the economy’s head, every American is wondering what’s next with interest rates. Have they won their fight with inflation and will pause rate hikes? Or will inflation remain sticky, likely leading to at least one more FED funds rate hike. This would lead to higher mortgage rates cooling the red hot real estate market even further. With a lower expected inflation we could see a pause in hikes marking the end of the rate hike cycle. Time will tell.
Source: Mortgage News Daily
Credit: Matthew Graham
