Growing Buyer Demand and Tight Supply for US Housing
Bloomberg Businessweek
00:00
The Importance of Demographics in Mortgages
By 2021, only 2.2% of mortgage applications were for adjustable rate mortgages. In 2022, 85% of mortgages were fixed 30 years. The current average new mortgage payment across the country is $3,000.
Play episode from 05:24
Transcript
