The Julia La Roche Show · Saturday, August 1, 2026
Chris Whalen anticipates a correction in home prices, driven by higher interest rates impacting the mortgage industry. He specifically mentions that the mortgage industry is already showing signs of slowdown due to these rate increases and expects prices to drop.
“Uh, I still think we're heading for misery on the 8s in terms of home prices. I do think they're going to see a correction.”
“Simply if no other reason than exhaustion.”
“It's going to be very interesting because you're going to see the impact of higher rates on the bond market, on how it's slowed that whole industry.”