Logan Mohtashami: Will mortgage rates drop in time to help new housing supply?
HousingWire Daily
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Intro
Analyzing data on permits for single-family and multifamily units, the chapter explores concerns about labor force challenges and future housing production in light of increasing mortgage rates. The discussion also includes the builder's confidence index, the relationship between rates and confidence, and the potential for the Federal Reserve to lower rates to boost construction activity and avoid a housing market recession.
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