Mortgage Bankers Association Chief Economist on Rising Housing Prices and Falling Home Sales

The video discusses the rise in home prices, attributing it to low supply rather than low interest rates. It highlights the impact of the pandemic on housing supply and the wealth gap's influence on the housing market, with high-end homes performing better. The video also covers challenges faced by current homeowners, including forbearance and mortgage delinquencies, and concludes with an overview of loan types, emphasizing the prevalence of fixed-rate loans.

What has been the trend in delinquencies and forbearance requests among homeowners?

How does the current mortgage market compare to that of 2006?