Real estate professor talks about the pandemic's impact on the real estate market

This week, mortgage rates dipped below 3% – the first time they dipped this low in the 50 years Freddie Mac has watched mortgage rates. Sam Chandon, Adjunct Associate Professor of Real Estate at Wharton and Chair and Associate Dean of Real Estate at NYU, talks about the state of the market for both homebuyers and homeowners looking to refinance.