Could Rising Rates Bring More Home Price Cuts? | Barry Habib

National home prices rose in July even as mortgage rates climbed over the spring and summer. Mortgage rates have moved higher since, and the Fed raised its benchmark rate in September. How much more pressure can home prices absorb?
Higher rates squeeze buyers, but borrowing costs alone don't explain why prices have held. What has kept prices up is being tested again. Buyers still face expensive borrowing with no certainty that waiting will bring lower prices.
Barry Habib, founder and CEO of Highway and a member of Fannie Mae's board, examines why home prices have held up so far. He also considers what further rate increases could mean for prices.
-----
Let's Stay in Contact:
โข Substack - https://substack.com/@themarketinsidershow
โข X (Twitter) - https://twitter.com/MktInsiderShow
โข Linkedin - https://www.linkedin.com/company/market-insider-show/
-----
๐๐ฉ๐ฆ ๐ท๐ช๐ฆ๐ธ๐ด ๐ฆ๐น๐ฑ๐ณ๐ฆ๐ด๐ด๐ฆ๐ฅ ๐ช๐ฏ ๐ต๐ฉ๐ช๐ด ๐ท๐ช๐ฅ๐ฆ๐ฐ ๐ข๐ณ๐ฆ ๐ต๐ฉ๐ฐ๐ด๐ฆ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐จ๐ถ๐ฆ๐ด๐ต ๐ข๐ฏ๐ฅ ๐ฅ๐ฐ ๐ฏ๐ฐ๐ต ๐ฏ๐ฆ๐ค๐ฆ๐ด๐ด๐ข๐ณ๐ช๐ญ๐บ ๐ณ๐ฆ๐ง๐ญ๐ฆ๐ค๐ต ๐ต๐ฉ๐ฆ ๐ท๐ช๐ฆ๐ธ๐ด ๐ฐ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต ๐๐ฏ๐ด๐ช๐ฅ๐ฆ๐ณ. ๐๐ฉ๐ช๐ด ๐ค๐ฐ๐ฏ๐ต๐ฆ๐ฏ๐ต ๐ช๐ด ๐ง๐ฐ๐ณ ๐ฆ๐ฅ๐ถ๐ค๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ฑ๐ถ๐ณ๐ฑ๐ฐ๐ด๐ฆ๐ด ๐ฐ๐ฏ๐ญ๐บ ๐ข๐ฏ๐ฅ ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐ฏ๐ฐ๐ต ๐ฃ๐ฆ ๐ค๐ฐ๐ฏ๐ด๐ช๐ฅ๐ฆ๐ณ๐ฆ๐ฅ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ, ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต, ๐ฐ๐ณ ๐ญ๐ฆ๐จ๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ค๐ฆ. ๐๐ญ๐ธ๐ข๐บ๐ด ๐ค๐ฐ๐ฏ๐ด๐ถ๐ญ๐ต ๐ข ๐ฒ๐ถ๐ข๐ญ๐ช๐ง๐ช๐ฆ๐ฅ ๐ฑ๐ณ๐ฐ๐ง๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ๐ข๐ญ ๐ฃ๐ฆ๐ง๐ฐ๐ณ๐ฆ ๐ฎ๐ข๐ฌ๐ช๐ฏ๐จ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ฅ๐ฆ๐ค๐ช๐ด๐ช๐ฐ๐ฏ๐ด. ๐๐ฐ๐ฎ๐ฆ ๐ญ๐ช๐ฏ๐ฌ๐ด ๐ช๐ฏ ๐ต๐ฉ๐ฆ ๐ฅ๐ฆ๐ด๐ค๐ณ๐ช๐ฑ๐ต๐ช๐ฐ๐ฏ ๐ฎ๐ข๐บ ๐ฃ๐ฆ ๐ข๐ง๐ง๐ช๐ญ๐ช๐ข๐ต๐ฆ ๐ญ๐ช๐ฏ๐ฌ๐ด.
