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4min chapter
Shelter from the Storm(s)
Moody's Talks - Inside Economics
The State of the Housing Market
Mortgage rates are back up close to 7%. It's crazy. A large chunk of it, in my opinion, is just the prepayment risk. I think if we can get to a point where it stabilizes, say, around 6% and everybody starts to consensus gets around that, then I think the prepayments problem is plus something a great degree. Chris: Did anything you want to ask Mark about the state of the housing market or did I miss anything? No, I think you got it right. Sounds like we're pretty similar.
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