Fleming: The housing market is more sensitive to mortgage rates than we've seen in the past
Money Life with Chuck Jaffe · Money Life with Chuck Jaffe
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Show Notes
Mark Fleming, chief economist at First American Financial, said the housing market is under-built and the lack of inventory has made the market overly sensitive to changes in mortgage rates, a trend he expects to continue at least through the end of the current rate-hike cycle. Also on the show, Matt Schultz discusses the latest survey from CompareCards.com, David Trainer puts two big-name stocks in the Danger Zone, and Noland Langford of Left Brain Capital Management has the Market Call.