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.
https://thehill.com/changing-america/sustainability/infrastructure/3683049-how-rising-mortgage-rates-are-pushing-people-back-into-the-rental-market/?email=6eeec769ce25c466cc7e1584f75829a37c1deec0&emaila=69ec219c682ef2a309c05d33829545d2&emailb=41a80bfde7050a091e02401ef5812378ae992af3bcbb41d56e4ee3680c02ad8b&utm_source=Sailthru&utm_medium=email&utm_campaign=10.11.22%20LV%20The%20Hill%20News%20Alert:%20Housing%20Market