Barry discusses another exciting week with interest rates. Inflation numbers up as CPI (Consumer Price Index) report shows a 7% increase year after year. (5.5% core inflation) Numbers are expected to increase through at least March before they start to level. Next week housing data to show existing home sales, concerns over a housing bubble, 13% less inventory, prices of homes up 18%, interest rates up over 5% from last year, will the housing numbers drop? With demand still high and inventory tight, what does this all mean? Barry breaks it all down on this week’s episode!
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