Monday Mortgage Update - Recession

Blog Post Image
Real Estate

The media only promotes 2 things:

* Excitement
* Fear

Right now the media is focused on fear. Talking about recession and housing prices with rates moving up.

Here is what they are NOT telling you:

* When the Fed keeps raising the Fed Funds rate, Mortgage Rates move DOWN
* In 4 out of the last 5 recessions, home values moved UP