Moody’s Mark Zandi says get used to mortgage rates at around 6% for the long-term

Anyone eyeing mortgage rates, which reached above 8% in October, can be excused for longing after the pandemic lows of sub-3% mortgages. But it’s unlikely those rock-bottom rates will return in the near future, according to Mark Zandi, chief economist at Moody’s Analytics. Instead, the veteran…

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