Spiking Mortgage Rates Threaten Housing "Recovery"

11/10/2024 14 min Episodio 1461
Spiking Mortgage Rates Threaten Housing "Recovery"

Listen "Spiking Mortgage Rates Threaten Housing "Recovery""

Episode Synopsis

After declining in anticipation of the Federal Reserve's rate cut, mortgage rates have ticked back up all over again, now around 6.5%. It threatens to put a seal on the latest signs of renewed housing activity, and we have the data to prove that. In today's show, we'll talk about what the data is saying and what to expect in the coming months.

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