Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists said.
Source: Inman News
Economy’s strength could keep a damper on existing-home sales
Published in doug duncan, fannie mae, federal reserve, home prices, inflation, inventory, Markets & Economy, Mortgage, mortgage rates, New home construction, new home sales and new homes
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