Real Estate & Home

Mortgage rates are at yearly highs, but housing demand is still positive

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Mortgage rates and the 10-year yield have reached yearly highs, yet housing demand remains positive year-over-year. Developers and tech professionals should monitor this trend as sustained demand despite higher rates could indicate resilience or a temporary anomaly. Future rate increases above 6.64% may lead to a slowdown, impacting sales and application data.

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