re: Mortgage demand from homebuyers drops to a 28-year low

quote:

---

I have to imagine it just depends on how many people bought too big of a house with little down and is now way underwater. That equity delta could hurt some people unless this is their forever home.

---

There isn’t a significant population underwater after buying a home in 2020. They would be the exception. Even so, that 2.5% interest sure is sweet.