Investors must wait for Fed for price discovery in commercial real estate, says Colliers U.S. CEO

The post Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs, Delinquencies, Foreclosures, and Who’s on the Hook appeared first on Weekly Real Estate News.

  Source: Fortune —  Fed Chair Jerome Powell told reporters back in June that spiking mortgage rates would see the Pandemic Housing Boom fizzle out. In the eyes of Powell, that would be a good thing. […]

For the past year or so, that has meant a guessing game over how much the Fed would raise interest rates. Now, the question is not if the central bank will raise rates – an […]