Why are mortgage rates dropping so fast? | How will a recession affect Real Estate

Real Estate is a very perplexing thing right now. One minute it's going to crash, the next it's going to keep going up... Mortgage rates fell hard this week and according to Bank of America's research team, the rates will continue to drop.  

Are we in a recession? If we're not then what will that do to Mortgages and to real estate? Some great questions that we are going to dive into right now. Let's talk Real Estate. 

The housing market correction takes an unexpected turn
https://fortune.com/2022/08/02/housing-market-correction-mortgage-rates/

What is a recession? 
https://www.investopedia.com/terms/r/recession.asp

Mortgage Applications start picking up again, just a tiny bit
https://www.cnbc.com/2022/08/03/mortgage-applications-inch-up-for-the-first-time-in-five-weeks.html

#Recession #RealEstateCrash #MortgageRates #Tristanahumada #RealEstate