Call Me Back - with Dan Senor cover image

The Economic "Trilemma" - with Mohamed El-Erian

Call Me Back - with Dan Senor

00:00

The Housing Market Is Coming Down

For the first time since 2001, the 30-year fixed mortgage rate is above 7%. Affordability has become a real issue because of higher mortgage rates. When demand becomes a problem, prices stop going up and there's a possibility that prices come down. The good thing for the housing market is that supply is still not ample.

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