106: How the 2023 housing market is impacted by the Fed’s .5 percent (50 bps) rate hike & new guidance
Episode description
My quick thoughts on Federal Reserve raised interest rates 5.% on Wednesday, a smaller increase than in recent months and an acknowledgment that inflation is finally easing. The increase marks a shift for the Fed after an unprecedented year that includes seven-straight rate hikes as part of an aggressive campaign to try and bring down the highest inflation since the early 1980s. This is how this rate hike will impact the 2023 housing market.
This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
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