Logan Mohtasahmi on rates, inflation, and low, low inventory
HousingWire Daily
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The Case for Mortgage Rates to Fall in 2023
Until housing changes, the US is we're early and the US economy hasn't hit a recession yet. The builder stocks have rallied pretty much very aggressively, 25% off the low. Consumer balance sheets are good. At that point, it really depends on what the Federal Reserve would do with rate hikes or where they are. If core PC is falling down toward 3%, you have a very restrictive policy in that regard.
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