Fed Chair Jerome Powell signals latest rate hike could be the last which could keep mortgage rates from marching higher in the 2023 Housing Market. At the same time, JPMorgan says the U.S. is probably headed for a recession as economic ‘engines are about to turn off’ and that we are "Already past the point of no return" . 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.
