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Powell and a Big Market Week, China's Cautious Growth Target, Tesla Cuts Auto Prices ... Again. 3/6/23

Squawk on the Street

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Are You Seeing a Slowdown in the Mortgage Market?

Doug Bauer: I'm very constructive about how the economy is going to play out this year but there's some other contributing factors that are important to note. The resale market Carl is is been our biggest competitor it's not moving though because most of America is locked in at 3 to 4 percent so with that lack of competition and the home builders being able to offer permanent and temporary rate buy downs at the resale market can't gives us a distinct advantage for this demographic tailwind. Doug finally on net pricing how much of you adjusted and do you think you're you're kind of done? We've seen some strong reaction to our net pricing adjustments as I mentioned we're down 10 to 15

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