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Benzinga

Business

Ananya Gairola

Kevin O'Leary Says If You Are Waiting For Mortgages To Fall Below 5%, You Can Keep On Dreaming Thanks To AI

Kevin OLeary Economy America

Loan,Section.,Restructuring,And,Writing,Off,Debt.,Decrease,In,Profitability

"Shark Tank" investor Kevin O'Leary says U.S. mortgage rates are unlikely to fall back below 5% anytime soon, arguing that America's strong economy and AI-fueled productivity growth mean the era of ultra-low borrowing costs is over.

O'Leary Says Past Lower Rates Were An ‘Aberration'

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