Oh, let me tell you about the rollercoaster ride in the interest rate market this month! It's been crazy. We've seen these huge swings back and forth, you wouldn't believe it. So, towards the end of last year, the Fed was all like, "Hey, we're gonna start cutting rates in the first quarter of 2024 because inflation seems to be calming down." And everyone was like, "Cool, cool," and mortgage rates dropped to some of the best levels we've seen in ages.

But then, plot twist! Inflation decided to be...

 

What Does an Economic Slowdown Mean for the Housing Market? According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall....