Thursday, June 14, 2018

The Fed raised interest rates again, and probably will do so two more times this year.

Today's L.A.Times ran this article about interest rate rises and what they might mean to you.  Interest rates up = home prices down, right? Not so fast.  From another article about how expensive homes are here: The UCLA Anderson Forecast said there is no sign of a correction in home prices around the corner. The report forecasts job growth of 2.2% this year, 1.7% in 2019 and 0.8% in 2020.

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