Logan Mohtashami on the Fed’s role in volatile rates
HousingWire Daily
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The Impact of Mortgage Rates on Purchase Applications and Inventory Growth
This chapter analyzes the recent trends in purchase applications and mortgage rates and their effects on the housing market. It explores the decline in purchase apps on a year-over-year basis and the disagreement among industry professionals regarding the impact of mortgage rate lockdown on demand and inventory growth. The speakers also discuss the relationship between mortgage rates and new listings data, highlighting the stability of listings despite higher rates.
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