Title | : | Could a housing market recession be looming |
Duration | : | 3 minutes, 59 seconds |
Uploader | : | CBS News |
Added On: | : | 11 October, 2023 |
Views | : | 56.2K times |
Likes | : | 0 |
Source | : | YouTube |
The lack of housing supply in the United States is related to the ongoing spikes in interest rates. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News to explain the mortgage lock-in effect, which may be keeping homes off the market.#new