Posted 11/9/2023, 10:35:28 PM
Mortgage Rates See Biggest Weekly Drop in Nearly a Year - Could Spur More Home Listings and Ease Tight Housing Market
- Thirty-year fixed mortgage rates fell to 7.5% in biggest weekly drop in nearly a year
- Drop in rates could incentivize homeowners to list houses to increase housing inventory
- Akiko Fujita and Josh Lipton discuss impact of rate drop on housing market
- Low inventory has constrained U.S. housing market
- Click link to watch full Yahoo Finance Live episode for more analysis