17min chapter

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971: BiggerNews: Mid-Year Housing Market Update + Mortgage Rate Forecast w/Redfin Chief Economist Daryl Fairweather

BiggerPockets Real Estate Podcast

CHAPTER

Future of Interest Rates and Impact on Housing Market

This chapter dives into the future of interest rates, predicting a possible stabilization around 5.5%, with discussions on historical context, influencing factors, and potential scenarios like rates dropping below 4% during a recession. It explores the implications of changing interest rates on home sales volume, prices, buyer demand, and market supply levels, while also touching on insurance tailored for real estate investors, rent collection simplification with RentApp, finding quality candidates on Indeed, and surprises in the economy and housing market in 2020 and beyond.

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