Latest / Tearsheet Podcast: Exploring Financial Services Together
Looking deeper at mortgage demand and products with BMO's Tom Parrish
Welcome to the Tearsheet Podcast. I’m Tearsheet’s editor in chief, Zack Miller. Uneven market conditions nationally, rate volatility, economic uncertainty, affordability challenges, limited inventory, and soaring home prices are rendering a difficult home buying and refinancing market for Americans. BMO’s published a survey that reflects this strongly: The survey reveals that 64 percent of Americans are delaying their homebuying plans due to mortgage rate concerns - they are waiting for mortgage rates to drop. Additionally, only 6 percent of Americans plan to purchase a home this summer, as…
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