MBA CEO Expects 4% Mortgage Rate by End of 2022

The video discusses the expected rise in interest rates to 4% by the end of 2022, driven by factors like inflation and Fed policies. It highlights the rush for mortgage preapproval due to anticipated rate hikes and the impact on housing demand. The urban to suburban migration trend is examined, noting its persistence without a significant urban exodus. Credit quality remains strong due to post-crisis reforms, and the risk of stagflation is considered low, with economic growth expected to stabilize by 2023.

What factors are expected to drive interest rates up by the end of 2022?

How has the demand for mortgage refinancing changed in the current market?

What are the implications of rising home prices and interest rates on affordability?

Discuss the trend of people moving from cities to suburbs during the pandemic.

What are the concerns regarding credit quality and lending standards in a rising rate environment?