Even a 1% mortgage rate drop could be enough to ‘unlock’ the frozen housing market, Oxford Economics says

fortune.com/2025/08/13/mortgage-rate-drop-frozen-housing-market-oxford-economics-interview

Mortgage rates are currently in the high 6% range, and a drop back to the pandemic-era sub-3% levels is considered unrealistic by economists. However, a modest decline in rates to below 6% could motivate some homeowners to sell, potentially thawing the frozen housing market constrained by…

This story appeared on fortune.com, 2025-08-13 17:09:10.
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