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▶youtube BusinessReal Estate first seen 6 d ago, last 4 d ago, peak #6

Mortgage Rates Surge as Foreclosures Hit 2008 Levels

Original: Mortgage Rates Surge, Foreclosures Reach 2008 Levels, What's Next? | Ron Butler

US mortgage rates have climbed sharply, and foreclosure activity has reached levels not seen since the 2008 financial crisis, according to mortgage broker Ron Butler in a discussion with David Lin. Analysts are debating what comes next for the housing market, with homeowners worried about affordability and further distress.

Why now: Rising rates and foreclosures at financial-crisis levels raise fears of a housing downturn.

Ron ButlerDavid LinUS housing market

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