Mortgages will remain sky-high in 2024, pushing existing home sales to a 3-decade low, Goldman Sachs says

Mortgages will remain sky-high in 2024, pushing existing home sales to a 3-decade low, Goldman Sachs says

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None Mortgage rates will stay high through 2024, dipping to just under 7% at year-end, Goldman Sachs forecasts. • None This will keep homeowners off the market, and the housing turnover rate will fall to its lowest since the 1990s. • None Higher rates will also mean more moderate price growth,…

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