Jason R. RichardsonFollow7,3862,175
NMLS #256859 Tech forward mortgage lender focused on the future of customer experiences.
Despite being thrown a lifeline from the Fed, the housing market is downing anyway, as July pending home sales fell 2.5%, and are down YOY. If collapsing mortgage rates can't support sales, home prices must fall. The price collapse will be much greater once mortgage rates rise!