1980’s Interest Rates in 2022? What is going to happen to the real estate market in 2022?

Are we really going back to the 1980's Interest Rates? Let me explain so you understand where we're going and what to do. No, it's a different world, rates won't go up to 17%, but they will start going up to 7% and 8%. Where will they stop? No one knows. 

I dive into a few different articles below. Interest rates in 2022 and interest rates in 2023 look like they will continue to climb steadily. This will affect the real estate market, but not dramatically. Real Estate in 2022 will not be in for a housing crash as of April 2022. Let's see how the market does through the rest of 2022. 

Zillow actually has a great article about the real estate market in 2022.  https://www.zillow.com/research/a-change-in-the-wind-higher-mortgage-rates-inventory-rebound-could-be-first-steps-toward-a-more-balanced-market-march-2022-market-report-30970/

Fed's Powell, half-point hike in view, and they will continue to go up:  https://www.reuters.com/business/finance/feds-powell-half-point-rate-increase-table-may-meeting-2022-04-21/?utm_source=pocket_mylist

How the Federal Reserve affects mortgage rates: https://www.bankrate.com/mortgages/federal-reserve-and-mortgage-rates/?utm_source=pocket_mylist

Existing Home Sales Continue To Fall:  https://www.realtrends.com/existing-home-sales-continue-to-fall/?utm_source=pocket_mylist

Mortgage Calculator https://www.google.com/search?q=mortgage+calculator&oq=mortgage+calculator&aqs=chrome.0.69i59j0i433i512j0i131i433i512j0i512l3j0i433j0i512l3.2971j0j4&sourceid=chrome&ie=UTF-8

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