Talk of The Villages Florida - View Single Post - Inventory of preowned homes going up ?
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Old 06-17-2022, 07:03 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Papa_lecki View Post
How about after the July Fed meeting. 30 year fixed in Florida is averaging around 7.1%

Disclosure - I googled it, and that’s what I got back. I am sure you can get a mortgage for less than that.
Not for long. Only way left to fight inflation is higher interest rates. However would be shocked if this does not manage to put us into a recession hopefully though a fairly mild one.