Kate Wood
speaker
431 appearances
7 recordings
2 series
first heard Dec 2025
last heard 13 Aug
Kate Wood’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 7 in all, peaking in Feb 2026 with 4.
Appearances
Shift where that is no longer the case.
So again, looking to this realtor.com analysis of data from the Federal Housing Finance Administration.
Right now, a record high 41% of outstanding mortgages are five to seven years old.
And that is these people who are hanging on to these 2020, 2021 vintage loans, right?
And so that compares to loans that are one to four years old at 29%.
Normally, again, that's the largest group.
So we are really seeing this huge wave of these pandemic era mortgages just sticking around, which means, okay, sure, those people aren't refinancing.
We would expect that.
But they also are not selling, right?
These loans are just not going anywhere.
And really, you know, if we stay in this state, in a few years, potentially we're looking at mortgages that are 10 to 12 years old, probably being a larger proportion of existing loans than we would have ever seen before.
So
bigger.
It's not necessarily going to get bigger.
It's that the the largest group of existing loans is likely to keep getting older, right?
Rather than the kind of newest cohort of loans always being uh the bulk.
And the reason that we're seeing this is because the rate that someone has versus today's prevailing rates.
really have a profound effect on whether people are going to sell.
Researchers at the Federal Housing Finance Administration a couple of years ago found that for every percentage point that your mortgage rate is below today's going rate.
your likelihood of selling is going to drop about 18%.
Showing 41–60 of 431 · page 3 of 22
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