✉news BusinessReal Estate first seen 13 h ago, last 1 h ago, peak #3
Zillow and Redfin offer blunt outlook on mortgage rates
Original: Zillow, Redfin share blunt words on mortgage rates, housing market
Zillow and Redfin have issued candid assessments of the housing market, warning that elevated mortgage rates continue to weigh on affordability and home sales. The real estate platforms' comments underline persistent challenges for buyers, with high borrowing costs keeping many would-be purchasers on the sidelines and limiting housing inventory.
Why now: Homebuyers and sellers are closely watching major real estate platforms' views as mortgage rates remain high and affordability is strained.
Evidence
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