Hometap Perspective on the Fed's Endgame, Housing Impacts in Key Media

This week the Federal Reserve, as expected, once again raised interest rates, breaching their highest level in over two decades. Hometap's view was included by key journalists covering the decision, with particular respect to its impact on housing and homeowners.

Dan Burnett, our Head of Investor Product, shared in HousingWire and American Banker that an expected soft pause for the rest of 2023 will narrow spreads between treasuries and mortgage rates, and bring new hope for sustainable equilibrium. Until then, structural tensions will remain in the short term, as limited supply and growing demand remains mismatched.

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