Inflation and high gas prices are impacting consumer spending habits. Mortgage rates have spiked to their highest levels since 2008. Supply chains are still impacted by lockdowns in China, and Russia's war on Ukraine has rocked the commodities market. Now, as the Fed raises rates to fight inflation, what will the impact be on the housing market? For that answer and much more, we call on WFG Founder & Executive Chairman Patrick Stone's perspective.
Inflation and high gas prices are impacting consumer spending habits. Mortgage rates have spiked to their highest levels since 2008. Supply chains are still impacted by lockdowns in China, and Russia's war on Ukraine has rocked the commodities market. Now, as the Fed raises rates to fight inflation, what will the impact be on the housing market? For that answer and much more, we call on WFG Founder & Executive Chairman Patrick Stone's perspective.