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Mortgage Rates Just Spiked the Most in 9 Years—That Should Slow Down Home Price Growth
Fortune magazine, Jan. 20, 2022–Lance Lambert
Fed Chair Jerome Powell made it clear while speaking to Congress earlier this month that taming stubbornly high inflation will require the U.S. central bank to both halt its asset purchase programs and raise rates multiple times in 2022. (MBA mention)
https://fortune.com/2022/01/20/mortgage-rates-spike-most-9-years-home-price-growth-slowdown/