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The Friday Intel | 09.18.26: Rates Hit a 14-Month High, Bids Worsened

Season 1 Episode 185 Published 1 month, 3 weeks ago
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Mortgage rates in Westchester County just climbed to a 14-month high — and buyers responded by competing harder, not backing off. This week's Friday Intel digs into new Freddie Mac and Redfin data showing 67.5% of Westchester homes sold above asking price over the last three months, part of a three-year climb that's now topping 72% in some school districts. The textbook says higher rates should shrink competition. In Westchester right now, they haven't, and this episode breaks down why scarcity is doing more work than the interest rate.

In This Episode
0:00 — Cold Open
0:15 — Intro and Context
0:30 — The Data
2:15 — The Surprise
3:15 — What This Means For You
4:55 — Close

Sources: Freddie Mac Primary Mortgage Market Survey; Redfin Westchester County housing market data; The Ragetté Report school-district analysis of single-family home sales, 2024-2025.

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