When will the rise in mortgage rates start to hurt home values?
Mortgage rates have gone up. They will continue to go up. The only questions are, how much and how fast? Unfortunately, I don't have a happy answer for you on this, but this is definitely something everyone should know and understand about the next 6-12 months in real estate, finance and investments. I hope it helps. Links below!
If you know someone looking to BUY a home in San Diego, Refinance or SELL a home in San Diego, tell them to give me a shout! I’ll make you look good! :)
Derrick Evens, VA Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
Links:
https://www.cnbc.com/2022/02/07/seven-hikes-fast-rising-wages-could-cause-the-fed-to-raise-interest-rates-even-higher-this-year.html
https://www.cnbc.com/2022/02/07/david-roche-on-bonds-short-the-whole-lot-of-them.html
https://www.cnbc.com/video/2022/02/07/how-wall-street-learned-to-love-bitcoin.html
https://www.cnbc.com/2022/02/05/sen-ted-cruz-discloses-a-bitcoin-purchase-worth-up-to-50000.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook&fbclid=IwAR2XoXV7RaKgQZvzD41xXt61nGCXF_rCZGVqArq6Em7z9vWapHjII5y3wAk#Echobox=1644079790
https://en.wikipedia.org/wiki/Bond_market
https://www.gorillatrades.com/how-much-is-the-stock-market-worth/
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