by Calculated Risk on 3/16/2022 04:43:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Housing, the Fed, Interest Rates and Inflation
A brief excerpt:
So, when the FOMC raises rates, housing is a key target. For example, higher rates change the trade-off between buying and renting, and also changes the calculation for investors. Higher rates have already slowed down the “home ATM” (Mortgage Equity Withdrawal) and will likely impact demand (not yet!).
There is much more in the article.