The REconomy Podcast

What does it mean when mortgage rates are less than the rate of inflation? - EP 35

April 7, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the extremely rare phenomenon of real, negative mortgage rates – when the average 30-year, fixed mortgage rate is less than the rate of inflation – and explain what it means for the housing market.