FINNENCE ▪ THE WIRE FILE
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Video▼ Bearish
Could mortgage rates hit 8%? Realtor.com's Danielle Hale weighs in
KINDVideo
DIRECTION▼ Bearish
SOURCES1
ENTITIES3
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
Mortgage rates above 7.4% and possible 8% would further chill housing demand.
High mortgage rates weigh on housing demand
CATALYST TO WATCH
Treasury yields and Fed policy path
MAIN RISK
Rate forecasts are speculative
FULL DISPATCH
Mortgage rates have climbed above 7.4%, and Realtor.com Chief Economist Danielle Hale says the housing market faces a challenging few months. US existing home sales rose 1.5% in September to just under 4 million, according to the National Association of Realtors, but fell 2.2% from a year ago. Hale
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
CONTEXTHousing
AFFECTEDInterest Rates
AFFECTEDReal Estate
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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Summaries are generated and may contain errors — every claim links its sources.