Will house prices go down?
Here is on the plan to raise it by 2% by EOY
https://www.barrons.com/articles/federal-reserve-interest-rate-hikes-51648233547
6 replies (most recent on top)
Lets hope so...hoping housing crashes which then leads to a glorious stock market crash!!! Watch our stock options be worthless!
Probably prices will drop.
I predict it will bring down the Nasdaq around 5% today
In 2007 before the Subprime mortgage crisis 6% would have been a good rate. In 1981 rates were above 16%.
I'd bet the prices will come down.
At 6% nobody can afford houses any more.
Maybe? Probably take the entire economy down with it…