Business View Magazine May 2023

161 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 5 t has been a somewhat unpredictable year for those in the housing and mortgage sector. Macroeconomic factors have converged leading to repeated rate hikes by the Federal Reserve, a continued housing shortage across the board, and slowdowns in the supply chain. The ripple-down effect has caused a slight cooling in the red-hot housing market and produced short- term hiccups for new construction projects and a trickle-down effect to anxious buyers looking to get into their new homes. To say that a single year can change things dramatically is an understatement. I AX IA HOME LOANS ACHIEVING THE AMERICAN DREAM ONE LOAN AT A TIME