THE BASIS POINT

Trulia chief economist Jed Kolko: higher rates won’t derail housing

Good CNBC interview this morning with Trulia chief economist @JedKolko, in which he provides data to support his case for why housing can sustain a rate spike. This is a must watch as rates continue a sharp rise and are now in the upper 4s.

This interview today follows a report Kolko released two weeks ago in which he said the following:


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Reference:
CNBC Interview with Jed Kolko-Mortgage Spike Won’t Derail Housing

Buying Cheaper Than Renting Til Mortgage Rates Hit 10.5% (Jed Kolko)

$XHB, $TRLA