US housing is hotter than it’s ever been, despite rising rates

Forexlive

I think US housing is the single best trade in the world. Mortgage rates are rising fast but 7 hikes are now priced in for this year and a few more after that. I just can’t see a sudden stop in demand with borrowing rates up 50 bps in the past couple months.From CIBC: Freddie Mac reported that the 3