July 11, 2022
by: Aimee Hartwig Real Estate
The Fed’s housing market ‘reset’ has us in a housing correction, mortgage rates are applying the brakes to appreciation, plus the U.S. had solid job gains in June. We take a closer look at each and tell you what to expect next This Week in Real Estate.
“Mortgage rates took a breather this past week on the prospect of less aggressive Fed interest rate hikes in the upcoming months.”Lawrence Yun, chief economist at the National Association of Realtors.