With inflation running rampant, the Federal Reserve is responding by ratcheting up interest rates. The result is that mortgage rates have more than doubled over the last year. Higher rates have pushed many potential buyers who could have afforded to buy in 2021 out of the market in 2022.
Us income investors don’t have to worry, though. There’s a whole class of investments that will generate more and more income as the housing market crashes. Here’s my top pick…
This post originally appeared at Investors Alley.