Feb 6, 2023
Of course I could be wrong, but given that inflation has stopped dead in its tracks six months ago, I wouldn't be surprised if the Fed stopped raising rates, and perhaps even started cutting rates once it becomes clear the economy is stalling. That's why I think buying a house this year might get you the best of both worlds - prices drop due to high mortgage interest rates and low demand, and shortly after, rates drop so you can refinance.