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Zillow Research

Stories by Skylar Olsen

Skylar is the Chief Economist of Zillow.

The Fed Watch: The Impact of Uncertainty

Housing affordability in the U.S. is the worst it’s been in decades after mortgage rates shot up following two years of low-rate-plus-pandemic-fueled price growth. But that’s not the only thing making it hard for buyers to move forward. Mortgage rate volatility, the result of uncertainty introduced by the sea change in Federal Reserve policy early in the year, also plays a big part.