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103: Q2 2023 Housing Market Update: Homebuying Could Get MUCH Harder

On The Market

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The Fed's Target for Overnight Lending Rates

The Fed has made it really clear that they were, what their target was and it was to get over 5% in the overnight lending rate. So I do think we'll see another small rate hike. But based on some of the research and some of the interviews that we've had and people I've talked to, one is very, very bullish on the idea that in May we're really going to see things change with inflation.

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