Where Real Estate Will Lose the Most | Small Banks Hold the Answer August 19, 2023 Unipro2013main News, US Economy, World News </p> <h2>Small Banks Hold the Answer</h2> <p> Economists warn of 8% 30-year mortgage rates; Lawrence Yun of National Association of Realtors highlights 7.2% as crucial.<br /> Rising rates impact homebuyer demand; potential economic cooling could ease inflation and mortgage rates.<br /> Current 300 basis points spread between 30-year mortgage and 10-year Treasury only seen during financial crises.<br /> New York Federal Reserve survey expects rates at 8.4% next year, 8.8% in three years.<br /> 8% rate could hike monthly mortgage to over $2,300, sidelining many buyers.<br /> All-cash buyers like baby boomers could stabilize property values; job market pivotal for price direction. #MortgageCrisis #USRealEstate #Inflation #BabyBoomer<br /> <br /> Credit to : The Money GPS</p> <p> Please support our Sponsors here :
