How Rising Mortgage Rates are Pushing People Back into the Rental Market

The Hill, Oct. 11, 2022–Adam Barnes
In-place rents — where renters are already in a lease — are the focus of the Fed’s inflation measures rather than asking rents, said Jamie Woodwell, vice president of research and economics at the Mortgage Bankers Association. Woodwell explained that a moderation in asking rents that soared over the past couple of years means there is still “a fair delta” between in-place and asking rents.