CNN Your Money June 29, 2013 13:43:00
And i want to bring in a real estate appraiser. is it your opinion that mortgage rates will keep rising and it could pinch the housing rates from rising? >> i don't know if pinch is the right word, but it gets housing rates back to reality. tightness of inventory is caused by tight credit. as we see mortgage rates start to rise, affordability drops, but we will see credit ease which brings in a pwraubroader of housing. >> yeah, and mortgage rates are not a tipping point for consumers, really? >> i don't think so. it's not like we didn't see this coming for the last couple years. rates could no...
Source: archive.org