

High Mortgage Rates and a Stuck Housing Market
U.S. mortgage rates are hovering around their highest levels in three years. Morgan Stanley Co-Heads of Securitized Products Research Jay Bacow and James Egan examine the forces keeping homeowners locked in and buyers priced out of the housing market. Read more insights from Morgan Stanley. ----- Transcript ----- Jay…

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“Would there ever be a scenario where there would be a buy out of mortgages. Example. I owe $400,000 at 3%. 25 years left on loan. Could I negotiate with the bank and offer them $350,000 to pay off loan. Bank would now have $350,000 to loan…”
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