3 Reasons Why the Fed Raising Interest Rates Is Good for Home Buyers
3 Reasons Why the Fed Raising Interest Rates Is Good for Home Buyers
Abstract
Fed Chair Jerome Powell is hoping the Fed’s actions will do for real estate buyers. The rate hikes will edge some buyers out of the market, but those who are qualified and in a position to buy at the higher rates will ideally benefit from lower competition and more homes to choose from at a less frenzied pace. Prices may not take a steep dive, which some buyers may be hoping. But that can be a good thing. Just be ready to pounce. If you already own a home. But it can be in a place to pounces. If they are hoping for a home, they will at least take a dip, but that could be aGood thing. The Fed wants to lower rates in the near future,