20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why
Pro Builder
OCTOBER 3, 2022
20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why. ldeakins. Mon, 10/03/2022 - 09:59. Elevated borrowing costs are sidelining a growing share of prospective buyers, but today's market players are better protected than they were during the Great Recession over a decade ago. Mortgage rates briefly surged to a 20-year high last week, and as more prospective buyers are priced out of home purchases, economists warn that the housing market may be headed full speed ahead toward a re
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