Logan Mohtashami on the industry’s fear of 8% mortgage rates
HousingWire Daily
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Analyzing the Impact of 8% Mortgage Rates on the Housing Industry
The chapter discusses the potential impact of 8% mortgage rates on the housing industry, including the negative effects on home sales and the concerns of the Federal Reserve. It compares the current situation to previous incidents where changes in rules caused public reactions and highlights the importance of lower rates to stimulate transactions and address fears of being stuck in the housing market.
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