RealEstate: Kathy Fettke's Midyear Review of U.S. Housing Market (Part 3 of 3) - a podcast by Kathy Fettke - Real Wealth Network
from 2019-07-19T22:00
Last year, the Federal Reserve raised interest rates four times. As a result, the pace of sales of new and existing homes slowed down. So essentially, the Fed's attempt at slowing down a booming economy worked because home prices were rising too quickly and affordability was out of whack. President Trump criticized the central bank for raising rates too quickly and pressured Fed Chief Jerome Powell, to reverse the stimulus. At this week's Fed meeting, it was basically confirmed that rates will be lowered at the next meeting. What does this mean? - Will home prices continue to rise? If so, where? - Will mortgage rates continue to decline? - Does it make sense to acquire investment property today? - How can an investor be protected now that we are in the midst of the longest economic expansion in history? Join us for this podcast to get answers to these questions, and to find out what else we can look forward to in the second half of 2019.
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