FEDS EXPECT THREE RATE INCREASES IN 2022

[Tyler Cotter]

HELLO ALL,

Last Friday, The Fed stated they were expecting to participate in three incremental rate increases in 2022 to combat inflation. What are you guys thinking it will do the immediate market? Will we see some affordability shock/ stagnation in the market, or will this give buyers some needed breathing room/ leverage. 

Do you think the market focuses too much on home prices and not enough consideration in terms of monthly affordability? I know I have some money on the side for a LTR and looking to buy in around the first quarter on next year to still get in on some great rates. Let me know what you think. CHEERS