86: Here’s What Will Cause Mortgage Rates to Finally Fall w/Logan Mohtashami

On The Market · Mar 13, 2023 · 1h 1m

The housing market is stuck in a standoff. On one side, you have buyers, repeatedly beaten with high home prices, higher mortgage rates, and almost non-existent affordability. On the other, you have the sellers, who are sitting on low-interest-rate mortgages, unwilling to take a price lower than they want, waiting for rates to come back down, so the bidding wars begin all over again. This standoff has caused the housing market to come to a halt, with inventory at unbelievably low levels and no one willing to buy or sell.

But weren’t we supposed to be past this? When rates dropped earlier this…