Borrowers hoping to break into the housing market may find themselves in a good spot when it comes to home prices provided that the interest rate environment is steady without becoming unaffordable.
When did they know it was turning bad? Will this effect only them? Who else might have exposure to this? What will their Q4 look like? What does this mean for real estate looking forward?
This week Jerome Powell, Federal Reserve Chairman, made some very important remarks regarding monetary policy, and shed some light on what they are expecting in the coming months and years ahead.