Rates spike hard again: Bitcoin set for take-off
Federal Reserve, do your job! Manage the situation! Mortgage rates spiking hard again today across the board. The only real threat to this real estate market is mortgage rates going up too much too quickly. Bitcoin's correlation to Stock indexes magically changes and I take a victory lap on it. Be smart out there right now with your purchases and money commitments. Be extra safe and conservative. Sky is not falling but things could get rough in a worst-case scenario. 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
https://www.cnbc.com/2022/01/18/mortgage-rates-jump-again-causing-headaches-for-homebuyers.html
https://www.cnbc.com/2022/01/18/homebuilder-confidence-drops-for-the-first-time-in-four-months.html
https://www.cnbc.com/2022/01/18/we-have-a-chance-to-end-covid-emergency-in-2022-who-official-says.html
https://coinmarketcap.com/
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