How could a COVID variant-led third wave impact the housing market?

clear capital in the news mortgage professional america

Story by David Kitai

While the vaccine rollout has been extremely rapid, blowing most expectations out of the water, we’re not out of the woods quite yet. Even as states reopen and lift mask mandates, worrying new variants of concern are spreading fast enough for Federal Reserve chair Jerome Powell to ring some alarm bells. So, if fortunes worsen and we do enter a third wave, even if it’s somewhat moderated by vaccines, what can we expect that will do to the housing market?

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