Investor Presentaiton

Percent Current mortgage rates exceed the average 6.62% rate the decade before Great Recession .... FRED-30-Year Fixed Rate Mortgage Average in the United States 20.0 17.5 15.0 12.5 10.0 7.5 5.0 30-Year Mortgage Interest Rate Thu, Sep 28, 2023: 7.31 2.5 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 WISCONSIN SCHOOL OF BUSINESS UNIVERSITY OF WISCONSIN-MADISON TOGETHER FORWARD® JAMES A. GRAASKAMP CENTER for REAL ESTATE Source: Federal Reserve Economic Data.

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