Higher Mortgage Rates Expected to Slow Housing Activity

According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are expected to further moderate economic output already being weighed down by decades-high inflation, and the ongoing effects stemming from the Russian invasion of Ukraine. The forecast …

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Source: DS News

2022-04-21T15:16:43-06:00