Monday Mortgage Update - Recession

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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