Looking For Silver Linings for Rates and Housing
When it comes to the mortgage and housing markets, there's been no shortage of gloomy news for months. This generally involves slumping sales, lower prices, and higher rates.  All of the above are interconnected to some extent.  The interconnection can be summed up in a single paragraph: Home prices surged post-covid as demand greatly outpaced supply and low rates increased buying power.  High home prices (and rents) then contributed significantly to decades-high inflation numbers.  Decades-high inflation is the single bi...