Real Estate Trends to Watch in 2022

Washington Post, Jan. 17, 2022–Ilyce Glink, Samuel J. Tamkin
Lawrence Yun, the chief economist of the National Association of Realtors, and Mike Fratantoni, the chief economist of the Mortgage Bankers Association, agree that interest rates will rise. And Fed Chair Jerome H. Powell’s pronouncement that the Federal Reserve will look to raise the federal funds rate three times in 2022, while phasing out its bond-buying program, makes it likely that mortgage rates will rise.