Is There a Relationship Between Consumer Credit and the Mortgage Market?

The average home in america, i think, is over 400 thousand dollars. And so when you look at those numbers, you're saying that the down payment is the biggest problem or friction point for most people. When you see consumer credit explode upwards, like it is right now, obviously, given the talk of the recession and people starting to get laid off, et cetera, what are the relationship or correlation to the mortgage market? I mean, i think definitely, uh, it's going to force some people to sort of, maybe wait a little longer, right? Maybe they won't buy that home. Maybe they, maybe someone else will buy it.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app