Billionaire Real Estate Investor Sam Zell Says: ‘Don’t Take Too Much Comfort In Declining Mortgage Costs. The Fed Will Keep Hiking Rates Close To 6%.’
The founder and chairman of privately held Equity Group Investments said in a recent Fox Business interview that there’s little comfort to be had in the recent softening mortgage rates because the Federal Reserve is likely to continue with its string of rate hikes to catch up in taming inflation. CLICK ON THE HEADLINE FOR MORE
