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HousingWire's Logan Mohtashami: Whenever mortgage rates head near 6%, housing data improves
CNBC Televisionยท 2025-09-24 17:01
New home sales for the month of August coming in stronger than expected, climbing more than 20% month overmonth with mortgage rates coming down and demand clearly strong. So is this the turning point for the housing market. Joining us now, housing wire lead analyst Logan Moasami.Uh Logan, thank you for being here. Um so what do you think. Is this the kind of the unlock that we have been waiting for.You know, whenever mortgage rates head below 6.64% and down to 6%, housing data tends to improve, right. New h ...