Mortgage Rate Discrepancy
Jim discusses the significant gap between the effective mortgage rate and the prevailing rate in the US, which hasn't been seen in over 40 years. Short-term impacts include a marginal pullback in inventory and potential upward pressure on home prices, despite the eroding gap.In this clip
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Odd Lots
This Is What an 8% Mortgage Means For the Housing Market
Related Questions
Will home values go down anytime soon as discussed in the episode Jonathan Miller on High Mortgage Rates, the clip \[Market Inventory Insights]{sid=chunk\_2528262}, the episode Talk Your Book: The State of the Housing Market, the clip Housing Market Dynamics, the episode Higher for Longer (EP.331), and the clip Housing Market Insights, as well as in episode 382 | Name Your Fear, Control Your Risk and the clip Market Uncertainty Ahead?
Why is housing affordability declining as discussed in the episode This Is What an 8% Mortgage Means For the Housing Market and the clip Housing Supply Dynamics?