Ever wondered why the U.S. mortgage market offers 30-year, fixed-rate mortgages and what impact this unique loan offering has on housing prices? This is a question that host Maiclaire Bolton Smith and CoreLogic Professional Economist Thom Malone dive into during part two of this episode on the differences between the U.S. and international housing markets.

From the surprising benefits of the U.S. system for homeowners to the potential hazards in concentrating mortgage risk, this conversation explores the effects of inflation on housing prices, drawing connections to global trends. Stay tuned until the end for insights into if and where property markets will experience shifts in the upcoming months.

To continue the conversation and connect the dots between interest rates, inflation and housing prices, make sure to tune into Episode 60 as well.

In This Episode

• 1:04 – What are the advantages/disadvantages of the U.S.’s 30-year, fixed-rate mortgage system?
• 2:56 – How do interest rate increases affect housing prices in other countries?
• 5:46 – Are there specific U.S. markets where we’re seeing the potential for people to default on their mortgages?
• 8:20 – How does the national cycle of housing price change express itself? (Hint: like a waterfall)
• 10:50 – Are international markets seeing similar home price trends to the U.S.?
• 12:11 – Erika Stanley reviews natural catastrophes and extreme weather events across the globe.
• 13:51 – What can we expect to see from home prices in the next few months?

Links:

• Read CoreLogic Intelligence
• Register for INTRCONNECT 2024
• Hazard HQ Command CentralTM natural disaster coverage
• More First-Time Homebuyers Reside in Midwestern and High-Tech Coastal Metros
• Thom Malone author page

Up Next: Why US Property Retains Its Value Compared to Other Global Markets

Find full episodes with all our guests in our podcast archive here: https://clgx.co/3zqhBZt