On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about housing demand with mortgage rates at yearly highs. Related to this episode: Can the housing market still grow with mortgage rates over 6.64%? HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ More info about HousingWire The Top 5: Compass files ethics complaints against Zillow in 26 states For Homebuilders And Buyers, Private Lender Channels Matter Housing Market Spotlight: The local markets behind this week’s national story Can the housing market still grow with mortgage rates over 6.64%? Zillow says conspiracy, MRED and Compass say Zillow did this to itself Want more from Sarah? Don’t forget to subscribe! The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate.

Can housing demand grow with higher rates?

HousingWire Daily 

Welcome everyone. My guest today is lead analyst Logan Mohtashami to talk about housing demand with mortgage rates at nearly yearly highs. First, here are the top five trending stories on HousingWire.com. At the top is Compass Files Ethics Complaints Against Zillow in 26 States, followed by For Home Builders and Buyers, Private Lender Channels Matter. Then we have the Housing Market Spotlight, the local markets behind this week's national story. And Logan's article, Can the Housing Market Still Grow with Mortgage Rates Over 6.6%?

Finally, we have Zillow Says Conspiracy, MRED and Compass say Zillow did this to itself. Okay, let's jump into today's topic. Logan, welcome back to the podcast. It is wonderful to be here. It's inflation week. So, so far we've kind of survived inflation week. The PPI report came out today and that was a whiff as well. I wonder what Christopher Waller's thinking right now. He was just all like,

we're going to raise rates in July. We got one more bad report. We got to, and then like both of them whiffed. So the 10-year yield is lower, but not by a lot, but mortgage spreads. Mortgage spreads. A good day for mortgage spreads. And it's brought rates down to 6.64, which is going to be the topic of the subject today. But so far, it could have been worse. But looks like we've made it through inflation week. And then the PCE report is going to be toward the end of the month.

Okay, that's 6.64% level on mortgage rates. That is where you feel like below that is good demand. Above that, housing demand falls. So what are you seeing right now in the numbers given that rate? So we haven't had a lot of time above 6.64%, but just going...

Can housing demand grow with higher rates?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Can housing demand grow with higher rates?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.