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Here's how flattening interest rates are affecting the housing market

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'When buyers see that rates have come down, it's another factor for them to consider and it's confidence for them,' Bess Freedman, CEO of Brown Harris Stevens, says. She joins SquawkCNBC to discuss the health of the housing market.

George Ratiu, senior economist for realtor.com, and Bess Freedman, and CEO of Brown Harris Stevens, join "Squawk Box" to discuss the latest mortgage app data and the health of the housing market.

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SquawkCNBC There isn't any room to further reduce rates if we go into a downturn. This economy takes more & more stimulus to keep it going.

SquawkCNBC Lol rental market is very good right now. “Manhattan is on a different planet.” I’ll say.

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