This Is What 7% Mortgages Will Do To the Housing Market
Odd Lots10 Okt 2022

This Is What 7% Mortgages Will Do To the Housing Market

Thanks to the surge in mortgage rates, we've seen a historic collapse in mortgage affordability. New homebuyers are facing a massive sticker shock relative to what they could have paid just six months ago. So does this mean that house prices are due for a crash? On this episode of Odd Lots, we speak with Morgan Stanley housing strategist Jim Egan about what comes next. Egan argues that while high mortgage rates will discourage buyers, there won't be a significant unlocking of supply, since very few people will be forced to sell. It will be housing activity that sees the biggest change.

See omnystudio.com/listener for privacy information.

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This Is What Maduro's Arrest Means for the Oil Market

This Is What Maduro's Arrest Means for the Oil Market

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The Business of Butterworth's, the Hottest New Restaurant in Washington DC

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2 Jan 52min

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1 Jan 34min

Goldman's Hatzius and Snider on the Outlook for 2026

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Merryn Talks Money: John Law, The Gambler Who Invented Modern Money (Part 1)

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