This market is giving some people flashbacks to the S&L crisis
HousingWire Daily
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Is There a Mortgage Rate Lockdown?
Mortgage rates have been in the sixes and sevens for months. The mortgage rate lockdown means there's no incentive to buy a home, says John Defterios. That could lead to more people renting their homes instead of buying them. "It is unfortunate that it probably means single family new home construction is not going to keep at pace"
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