
What the hell is going on with the housing market? With Morgan Housel
The Hustle Daily Show
00:00
Mortgage Rates - Are They Going Back to Eight %?
Interest rates hav become a little bit of a scapegoat right now with a lot of younger buyers who are struggling to get into the market. But if you zoome out there, what do you see with interest rates? Let's go back to not that long ago, when the three of us were kids, young teens, in the 19 nineties,. and that was just the norm. The medium mortgage payment for a new house in america has gone up by 800 dollars a month. Just in the last year. For the huge majority of Americans, that is a ton of money.
Play episode from 17:07
Transcript


