Graham Stephan, relaying another source: a call with no clear direction

The window it was checked over

30-year fixed mortgage rate: Freddie Mac PMMS via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

own predictions and surprisingly they're all pretty reasonable first they think that the housing Market's going to pick up with prices rising another 2.6% within the next 12 months this suggests that home prices May simply rise alongside inflation which has been the trend for over a hundred years after all if home prices rise by 5% but inflation Also Rises by 5% your Equity is simply holding value and I have a feeling this will continue to be the case second expect mortgage rates to remain a bit volatile since home interest rates are generally tied to the value of the tenure treasury there tends to be a lot more speculation here than let's say credit card interest rates so as a result there could be a lot more fluctuation over the next year third more of the United States will become a buyer Market as inventory gets listed in terms of where this is going to happen happens Zillow thinks that the Southwest will become the hot spot for affordability and negotiations fourth they've pointed out that smaller homes are now becoming more common in this case Builders are realizing that it's no longer profitable to maximize square footage when their buyers are just strapped for cash so as a result

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