Credit: lOvE lOvE/Shutterstock.com Don't Freak Out About Fed's Interest Rate Hike, South Florida RE Lender Says
"It's going to take five years minimum for builders to get level of building completed in order to get us closer to an equilibrium of supply and demand," according to Pat Sheehy, CEO of Hamilton Home Loans in Sunrise.
March 29, 2022 at 03:20 PM
4 minute read
Real Estate News
The Federal Reserve has announced a 0.25% increase in short-term interest rates to battle inflation, and many are wondering how that will impact the home lending market in South Florida, where house prices are soaring.
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