Robert Dietz, chief economist towards the Federal Organization from Household Designers

Due to the fact rising rates of interest chill this new You.S. housing marketplace, a home economist Robert Dietz finds out their experience with popular. Dietz, master economist with the Federal Organization away from Family Builders, could have been traveling the country within the present days, providing his facts so you can rules suppliers, trade contacts, and you can world-conference attendees out-of Kansas so you’re able to Alaska.

The headlines is not good, and this will most likely worsen: An average interest towards a thirty-season fixed-rate home loan has increased significantly this season, to help you 6.7%, centered on Freddie Mac, since avenues provides answered to more comfortable-than-asked inflation and you may a very competitive Government Put aside. Continue reading →