✉news BusinessReal Estate first seen 23 h ago, last 1 h ago, peak #3
Zillow and Redfin issue blunt warnings on mortgage rates
Original: Zillow, Redfin share blunt words on mortgage rates, housing market
Zillow and Redfin, two of the largest US housing platforms, have issued blunt assessments of the mortgage rate environment and the state of the housing market. The companies' comments point to continued pressure on homebuyers from elevated borrowing costs, and their remarks are drawing attention across the real estate sector.
Why now: Elevated mortgage rates are squeezing homebuyers, so commentary from major housing platforms draws wide attention.
Evidence
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