A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
A recent podcast from First American economists discussed the current state of the housing market. The subject was the rebalancing of the housing market, which has been out of whack for a while now. Over the past several years, itâs been decidedly slanted toward home sellers, who have enjoyed bidding wars and above-asking offers. As… Read More »A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
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