Moody's strategists say high mortgage rates will weigh on the housing market for years to come.
• They see central banks keeping monetary policy tight this year, and think mortgage rates will stay stubbornly high even after easing begins.
• They says prospective homebuyers and homeowners looking to refinance will feel the most pressure.
If you're holding your breath for…
This story from markets.businessinsider.com was posted on 2023-07-25 by @autumndew.