Logan Mohtashami on the highest mortgage volume since January

Logan Mohtashami, Lead Analyst on mortgage volume and housing credit, joins to discuss the recent surge in mortgage activity following a notable drop in rates. He highlights the resilience of today’s housing market compared to the 2008 crisis, emphasizing low foreclosure rates and sound homeowner positions. The conversation also critiques the reliability of survey data linking politics to housing behavior and challenges misconceptions about home price declines. Mohtashami sheds light on the Federal Reserve's cautious approach amidst these dynamics.