The Housing Market Will ‘Go Ballistic’ If Interest Rates Ever Hit This Number, according to Barbara Corcoran
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The Housing Market Will ‘Go Ballistic’ If Interest Rates Ever Hit This Number, according to Barbara Corcoran
The Federal Reserve cut interest rates in September as part of a continued battle against rising inflation and ballooning mortgage rates. 30-year mortgage rates themselves fell to the low 6% range, after reaching a generational high of nearly 7% in January, according to a Bankrate report. The cuts are part of a continued trend that has given many economists a favorable view of the housing market heading into the final quarter of 2025. This view is shared by real estate mogul Barbara Corcoran, who recently went on a podcast to share her views on the market.
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