3/16/23 – Nothing like a good ‘ole fashion banking crisis, or at least the threat of one, to halt the Fed’s plan of stomping out inflation. Chalk this up to unintended consequences? I guess the bonds that sit on the banks’ books might sit a little longer than planned, unless there was some sort of hedging strategy employed. Does this put a squeeze on lending?
In the meantime, prospective buyers can reap the benefits of decidedly lower mortgage rates. Let’s connect to see what’s out there for you.
