How is the 2023 Housing Market Different From 2008?
How is the 2023 Housing Market Different From 2008? When the pandemic started in 2020, the Federal Reserve anticipated a major downswing in consumer confidence. This led to a great decline in borrowing activity. To stimulate the economy, they lowered interest rates to record lows, causing the average 30-year mortgage to clock in at 2.97% in […]