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Top related persons:
Morgan Stanley - 2 it's - 2 That's - 1 Morgan Stanley's Jim Egan - 1 " Egan - 1 Jim Egan - 1 Morgan Stanley's - 1 Egan - 1
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Search resuls for: "Jim Egan"


4 mentions found


☆ The delayed effect of mortgage rates means housing affordability is actually about to get worse
  + stars: | 2023-09-15 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
Housing affordability is about to get even worse, thanks to the delayed impact of mortgage rates. In addition, some housing data come out with a two-month delay, they said on a podcast. That means that the spike in mortgage rates last month, when they hit the highest level since 2001, will take time to show up in purchases. Other experts have said affordability is unlikely to improve until mortgage rates dial back more significantly, which probably won't be happening anytime soon. Markets are expecting the Fed to keep interest rates elevated through the rest of the year as they monitor inflation, which could influence mortgage rates to stay elevated as well.
Persons: Morgan Stanley, That's, it's, Morgan Stanley's Jim Egan, " Egan Organizations: Service Locations: Wall, Silicon
☆ The worst of the housing affordability crisis may be over, but that doesn't mean it'll get easier to buy a home soon
  + stars: | 2023-08-10 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
The worst of the housing affordability crisis has already passed, Morgan Stanley said. Mortgage rates are expected to see a small decline while the inventory shortage improves only slightly. "Affordability remains very challenged. "Supply remains incredibly tight, but it's not getting tighter." Mortgage rates are expected to decline through the end of the year as interest rate volatility in the economy winds down.
Persons: Morgan Stanley, it's, Jim Egan, Morgan Stanley's, Egan, Price Organizations: Service, Mortgage Bankers Association, Black, National Association of Realtors Locations: Wall, Silicon
☆ Watch CNBC's full interview with Morgan Stanley's Jim Egan
  + stars: | 2022-12-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Morgan Stanley's Jim EganJim Egan, Morgan Stanley U.S. housing strategist, joins 'Power Lunch' to discuss why the housing market is going to get worse, why housing starts and sales are poised to fall lower and how insurance prices play into the housing market.
☆ Housing has a fair amount of room to fall, says Morgan Stanley's Egan
  + stars: | 2022-12-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHousing has a fair amount of room to fall, says Morgan Stanley's EganJim Egan, Morgan Stanley U.S. housing strategist, joins 'Power Lunch' to discuss why the housing market is going to get worse, why housing starts and sales are poised to fall even lower and how insurance prices play into the housing market.
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