Mortgage Rates Reach 7% - No Denying the Housing Crash Now

We are at the point now when everything related to Housing is moving at a faster pace. Mortgage Rates increased from 6% to over 7% in less than one month. The Case-Shiller Home Price Index for July 2022 gave us the first deceleration. Expectations that this will increase as the index typically lags 2 months behind. There are a number of factors that are contributing to a Housing Market Correction and/or Housing Crash. There really is no denying this now.