affect family budgets. the fed is trying to tamp down inflation and tap the brakes slam the brakes on an economy last year that was the strongest since the reagan administration and that is spinning off all kinds of uncomfortable inflation. it means you will get less home is what happens. you can afford less home for sure. your monthly payments of course now are much higher for a home that s coming down. we should say that prices are starting to cool just a tad, not so much, but just a tad and we know that mortgage demand has fallen off a cliff because of higher mortgage rates. on that note prices have started to cool off just a little bit, today with the fed people are generally expecting the three quarters of a point hike, there s broad agreement on that. what you re looking for is any hints about what they do next. why? because short of any surprises in terms of the rate hike i think all eyes turn to what we might see in september because it gives us a sense of how aggress
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