Housing Developments

The Fed raised interest rates by 0.75 basis points yesterday, as expected. Chair Powell's remarks have caused some market turmoil as he indicated rates might need to go higher than previously thought to combat inflation. But there is some nuance that is being overlooked in those remarks. More at https://eyeonhousing.org/2022/11/an-end-to-large-rate-hikes-from-the-fed/