The US market is witnessing the sharpest reversal in its real-estate sector after the subprime mortgage crisis of 2007-08. The benchmark 30-year US fixed mortgage rates have almost doubled from what it was in Jan’22. This mortgage rate is correlated to the Fed’s main interest rates and as a result, the cost of acquiring a house has surged exponentially. How will the demand-supply dynamics work out at the time when the US economy has entered a technical recession, read the report to know.
Here’s presenting our Monthly Snapshot for September 2022. Our newsletter takes a deep dive into the global scenario, Government policies, Indian start-ups raising funds, important sector updates, the performance of various asset classes, and much more.
Contributed by: Team Leveraged Growth