RAB Insights

RAB Research Archive

Mortgage rates are not deterring some home buyers

Despite mortgage rates topping 7%, Americans persist in their desire to buy a home. According to the latest Housing Trends Report from NAHB, the share of adults with plans to purchase a home within a year edged up to 17% in the third quarter of 2023, up from 15% a quarter earlier.

Source: National Association of Home Builders

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