“I’d say if you are a homebuyer, somebody or a young person looking to buy a home, you need a bit of a reset. We need to get back to a place where supply and demand are back together and where inflation is down low again, and mortgage rates are low again,” Powell told reporters at the time.
Read the article HERE:
The Fed to reset the U.S. housing market through a ‘difficult correction’—5 things to know about the plan
- Living On Whidbey
- 09/22/22
