As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market.
“When you have a rise and increase in interest rates like we’ve had, that is a big problem for housing. Interest rates are like the mother’s milk of housing,” Pulte Capital CEO Bill Pulte told FOX Business’ Maria Bartiromo Thursday. “And if you cut it off, you’re in big…
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