Three on Thursday 9/21/2023

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For our inaugural edition of Three on Thursday, let’s take a closer look at the housing market. Housing prices are up significantly from early 2020 levels, while mortgage rates are now hovering near 7.5%, the highest in more than two decades. Does this mean we should brace ourselves for another 2000’s-esque housing crisis? Our assessment of the data suggests otherwise.

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Posted on Thursday, September 21, 2023 @ 10:32 AM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.