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Logan Mohtashami on why the foreclosure fanatics are wrong (again)

HousingWire Daily

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Mortgage Rates Could Get in the Fives Later in the Year

The NBA is pretty aggressively forecasting that they'll get down to 5.2 by the end of the year and they think we should already be at like 5.7 so we're a little bit off there. Other people are forecasting when if I'm in housing if I's in real estate or five a mortgage. Is it realistic to think we're going to be in the fives third quarter fourth quarter? You know, for me, it's not as much as inflation as it is the labor market. But if you get weaker data that thing. And but the thing is that the spreads become a very good question because I think housing gets itself out of a recession if the spreads were better

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