Housing Market Not as Bad as It Seems: Hepp

The video discusses the housing market trends, highlighting the normalization after a period of high competition and price growth. It explains the momentum in home prices and the impact of luxury home sales on median prices. The relationship between home ownership and rental markets is explored, noting the significant rise in rents contributing to inflation. Finally, the video examines the connection between the federal funds rate and mortgage rates, emphasizing the spread increase due to investor concerns.

What impact has the pandemic had on rental prices according to the text?

Discuss the relationship between the federal funds rate and mortgage rates.

What are the expectations for mortgage rates moving forward based on the text?