Balance today: You should know in December 29, 2022.
Looking back in 2022
In the federal reserve, when aggressively increased interest rates to cool this year's inflation, the wide loans we use to buy items such as cars and houses are more expensive. Higher prices affected everyone who wants to sell a house for reducing the landlords.
In November, the mortgage ratios hit two decades in two decades in two decades, threw cold water in the hot housing market, which he saw for a home for many potential buyers.
Many affordable decreases have forced household-founders, to buy sales and losses from the market. Some housing economists predict that only prices will be humble in the price of next year.
So what do you mean if you want? At the end of the tunnel – at least it may light when it comes to home prices. We could see how high the federal reserves are higher than the higher the inflation rate, higher mortgage ratios are lowering home prices.
If you succeed, it means great savings. But, as before pandemic, if you expect to fall to the same levels as before pandemic.