For the past 35 years, mortgage interest rates have experienced a secular decline. But since the 2016 election, rates have increased more than 50 basis points, and most economists and commentators think that’s just the start. What do rising interest rates mean for current and potential homeowners, the housing industry, and the mortgage market? What will happen to home sales, refinance activity, housing affordability, and home price appreciation? How will market participants react? How can housing counselors help low- and moderate-income families respond to decreased affordability? How will lenders try to maintain profitability?
- Laurie Goodman, codirector, Housing Finance Policy Center, Urban Institute
- Frank Nothaft, chief economist, CoreLogic
- Marietta Rodriguez, vice president, national homeownership programs, NeighborWorks America
- Saul Sanders, co-CEO, Shellpoint Partners LLC
- Stuart Pratt, senior vice president, government and industry relationships, CoreLogic (moderator)
About Sunset Seminars
This event series is sponsored by CoreLogic and the Urban Institute and focuses on public policy issues relevant to the mortgage market. We aim to bring together policymakers, practitioners, and analysts for lively conversations on topics of current interest.