Despite the Federal Reserve's hawkish stance and rising mortgage rates, housing demand in the U.S. continued to grow year-over-year last week. This resilience is largely due to improved mortgage spreads, which have kept rates below 7%, a critical threshold for sustaining housing demand. Developers and tech professionals should monitor how long these favorable conditions can persist amid ongoing economic uncertainties.
Read the full article at HousingWire
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Ali NematiWritten by Ali
