Mortgage rates have reversed all of the decline that had pushed them to more than a 1-1/2-year low of 6.08% at the end of September after Fed began cutting interest rates.
  • Anticorp@lemmy.worldEnglish
    1·
    2 months ago

    It should drive prices down too, but it’s not doing that either. Markets are based on whimsy now.

    • sugar_in_your_teaEnglish
      1·
      2 months ago

      Eh, I don’t think so. I don’t think there’s an oversupply, inventory seems to also be falling. High mortgage rates discourage both buyers and sellers.