Interest Rates started moving back up at the same time demand for the housing market has slowed. In addition, The Fed is planning to keep raising interest rates and let their balance sheet run off at a time when inflation seems to be unstoppable. In fact, Jamie Dimon of JP Morgan says “An Economic Hurricane is Coming”. What does the future of mortgage interest rates and house prices look like if we enter into another recession in the 2022 housing market?
⏩Watch this NEXT ⏩ I”M CONCERNED with House Prices and Higher Interest Rates ⏩ https://youtu.be/i8RGXpPfw1k
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
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