Redfin CEO Glenn Kelman analyzes the state of the housing market after mortgage rates surged past 7% on"Cavuto: Coast to Coast."
A recent poll conducted by Pulsenomics found that most economists said homeownership rates will be affected for at least a year by the resumption of student loan payments – and many predicted the impact could be longer than that. On top of that, many of the economists believe the resumption of payments could significantly hit the U.S. homeownership rate, and nearly one-quarter expect it would cause an uptick in the delinquency rate.
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