Published Oct 10, 2022

This Is What 7% Mortgages Will Do To the Housing Market

Jim Egan of Morgan Stanley explores the repercussions of 7% mortgage rates on the housing market, detailing why a crash in prices is unlikely despite affordability challenges. He delves into shifting housing market dynamics fueled by the pandemic, the role of fixed mortgage rates, and the influence of credit availability and refinancing trends on current buyer behaviors.
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