Rates Aren't Going Back to 3%. Here's What Buyers Need to Hear.

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About this episode

The housing market is weird right now. That's not a hot take — it's what CNBC's real estate correspondent Diana Olick will tell you flat out. In this episode, Angie sits down with Diana to make sense of what's actually happening, why it's happening, and what homeowners and buyers should be paying attention to beyond the daily noise about mortgage rates. Here's what we discussed with Diana: • Why the market is as strange as it is right now — and how we got here • The supply shortage nobody is fixing fast enough, and what that means for prices • Why first-time buyers are getting squeezed the hardest • The mortgage lock-in effect: why people aren't moving and what that's doing to inventory •…