Economic Center Blog

Interview on CNBC: Discussing the Outlook for Mortgage Rates and Impact of Rising Tenure Length on Housing Supply

Written by: FirstAm Editor on Jun 25, 2019 8:00:00 AM

First American Chief Economist Mark Fleming was interviewed on CNBC last week and discussed the outlook for mortgage rates and the impact of rising tenure length on housing supply.

“We might see continued declines in the mortgage rate. And what that is really doing is increasing house-buying power for consumers yet again.”

Watch the June 21 CNBC clip

Tags: Housing, In The News, Interest Rates, Affordability

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