The housing industry is on a mortgage rate roller coaster as the housing market just pulled a head fake as mortgage demand drops to a 28 year low while home buyer demand sinks to the lowest level since 1995. This is coming at a time when The FED is calling for higher interest rates because of concerning inflation and jobs data. Should you buy now or wait for a housing crash? When will the FED pivot with interest rates? In this video, we discuss what the FED is saying about the potential recession along with their new plan going forward into 2023.
