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San Francisco $5 Million Reparation Checks For Black Citizens | Ep. 248 | Part 2
PBD Podcast
Is the Mortgage Market on a Blip?
This wasn't the market moving back to buy houses. This is people on the edge, Pat. It's on a blip. They jumped in. They locked at 6.71 and they bought some houses. If you're a home builder like told brothers or Lanair Pat, what can you always do? You can use part of the home price to arbitrage the rate. But this is not a change in the mortgage market according to everything that I dove into.
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