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With Fed shrinking their balance sheet (aka shopping season is over) and continuing to talk on increasing interest rates, there is a high probability that real estate prices will tumble. 


In this episode, we talk about the impact that higher interest rates (seen in mortgage rates) will have on the purchasing power and house affordability. We explore how a small rate change has huge implications on how much house you can buy and why all of this will result in much more challenging times ahead.


Thanks for listening. I sure hope you will continue and feel free to Leave me a message!


Nev

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