Veronica Dagher
speaker
3,082 appearances
51 recordings
1 series
first heard Sep 2017
last heard Jan 2025
Veronica Dagher’s voice in public audio — every appearance, attributed to the second.
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Appearances
And this 10-year yield seems to be stuck relatively high.
And even if the Fed is backing off inflation, mortgage rates could still remain high if that 10-year yield still remains high.
It's a mix of things.
The ongoing strength of the economy is a good thing, but a bad thing, because when you think about inflation, even though it backed off some, we still have it.
We've got strong job growth.
We've got strong pay raises still generally.
And so all of these things makes for a hotter economy and pushes up overall the cost of a mortgage.
So all of these things are making it a tough time for homebuyers who are already stressed by the lack of
inventory out there to buy and also home prices in general, which haven't backed off much in many places in the country.
Yeah.
I mean, that's definitely a big part of it for sure.
The tough part for buyers, though, if mortgage rates do drop, that's going to push more people into the housing market.
And so then home prices, which in certain areas have been easing off, are going to go up.
So it's like, when can buyers win?
Right.
Well, to your point, why give up your 3% mortgage rate that you probably refinanced during the pandemic if you have one?
You probably got a 3% mortgage rate or even less.
And why would you conceivably want to give that up?
It's such an amazing rate that hasn't happened in decades.
If you are
Showing 841–860 of 3,082 · page 43 of 155
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