#housingmarket2023 #housingmarket #housingmarketupdate
The housing market is unaffordable right now for a lot of people in this country! The Interest rates have risen to 7%, a whole 1% jump in just one week's time. A lot of buyers may be in trouble of falling out of their contracts, especially buyers that had not locked in their interest rates prior to this interest rate increase. Why has the mortgage market been so volatile in such a short time? In today’s video Karan will discuss what is happening to the interest rates and then he will share his insights on how this volatility can bring down home prices.

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Karan Singh
CA DRE #: 01954833
Company NMLS #: 1315421
Personal NMLS #: 448464
00:00 Introduction
04:32 Why prices have not dropped
08:28 When will prices drop?