The Economic Shock Hitting the Housing Market Continues to Grow–But Where It’ll Take Us Remains Uncertain
Fortune magazine, Apr. 20, 2022–Lance Lambert
The Federal Reserve is pressuring interest rates higher as tackles inflation. It’s hitting home shoppers particularly hard: The average 30-year fixed mortgage rate has shot up from 3.11% in December to 5% last week. (MBA mention)
https://fortune.com/2022/04/20/soaring-mortgage-rates-could-cool-the-housing-market-some-by-summer-2022/
