Hate To Burst Your Bubble, But No One Really Knows What 5% Mortgage Rates Will Mean For Real Estate
In mid-April, average mortgage rates surpassed 5% for the first time in about a decade — and they are expected to increase further as the Federal Reserve increases interest rates this year in an effort to put a lid on inflation.

Higher rates will cut into demand for housing, experts agree, but there is less agreement on whether that means a hard landing for the housing market — a 2008-style bubble pop, that is — or merely some cooling of the market`s recent fever pitch...
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RSK: Will be a moderate slow down just like when gas prices rise people initially drive less, but then they get used to it and drive and consume the same amount of gas.



- - Volume: 10 - WEEK: 18 Date: 4/26/2022 8:56:55 AM -