Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a 'deep freeze'

If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.

Tomas Kauer - Moderator Tomas Kauer - Moderator
Jul 11, 2023 - 19:26
Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a 'deep freeze'
If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.