Homebuyers called Wall Street’s bluff on the housing slowdown
Wall Street spent much of early 2026 warning that homebuyers would stay frozen on the sidelines until mortgage rates fell into the mid-5% range, with Morgan Stanley strategists projecting the 30-year fixed rate would dip to 5.50%–5.75% by mid-2026. That narrative took a hit the week of May 17 when …
Wall Street spent much of early 2026 warning that homebuyers would stay frozen on the sidelines until mortgage rates fell into the mid-5% range, with Morgan Stanley strategists projecting the 30-year fixed rate would dip to 5.50%–5.75% by mid-2026. That narrative took a hit the week of May 17 when …
Wall Street spent much of early 2026 warning that homebuyers would stay frozen on the sidelines until mortgage rates fell into the mid-5% range, with Morgan Stanley strategists projecting the 30-year fixed rate would dip to 5.50%–5.75% by mid-2026. That narrative took a hit the week of May 17 when …
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