The Housing Market FLIPPED | 30 Year Mortgage Rates Exceed 5% (up from 2.875%)
30 Year Mortgage Rates ARE DOUBLE What They Were Five Months Ago! Add me on insta @thisisjohnwilliams
Subscribe to my Second Channel: https://www.youtube.com/c/johnwilliamsyoutube?sub_confirmation=1
✅ 🗳️Learn from John ✅
YouTube Success Blueprint: https://wealth.thisisjohnwilliams.com/youtubesuccess
Wealth Academy: https://wealth.thisisjohnwilliams.com/wealthacademy
Real Estate Investing - GOLD Package: https://www.uofre.com/cashflow-rental-blueprint
One on One Call: https://thisisjohnwilliams-shop.com/products/one-on-one-call
Let's Connect on:
Rumble --- https://rumble.com/user/ThisisJohnWilliams
Instagram --- https://www.instagram.com/thisisjohnwilliams
TikTok --- https://www.tiktok.com/@thisisjohnwilliams?lang=en
Twitter --- https://twitter.com/johnwilliamsbiz
LinkedIn --- https://www.linkedin.com/in/john-williams-3a699612/
Clubhouse --- @johnwilliamsbiz
The housing market flipped on its head with mortgage rates now exceeding 5% when they were just 2.875% only five or six months ago. This will make borrowing so much more expensive for first time home buyers, house flippers and real estate investors. Not only will the costs to borrow go up but it will be much more expensive to simply manage and pay for personal debt such as credit cards, personal loans and other outstanding debts such as automotive loans.
We can bet our bottom dollar that this will have a big impact on the real estate market and the housing market. Usually when rates increase, property values decrease and when mortgage rates decrease, property values increase however how will the real estate market respond with an economy flooded with fiat currencies?
I believe that people will want to get out of dollars and into hard assets such as real estate so even though rates are flipping on the average middle income and middle class American, there is so much money out there that will flood in and scoop all of the real estate deals.
This is the only thing preventing what would normally be a real estate crash, recession or potentially an economic depression.
-
1:07:03
vivafrei
2 hours agoABJECT CRIMINAL NEGLIGENCE! Summary of Kim Cheatle Congressional Hearing! Viva Frei Vlawg
34.8K91 -
3:05:53
The Quartering
5 hours agoJoe Biden Incapacitated? Won't Even Finish His Term? Secret Service Testifies & It's Bad!
68.3K56 -
LIVE
Film Threat
7 hours agoVERSUS: STAR WARS IS DONE & WILL MARVEL MAKE A COMEBACK AT SAN DIEGO COMIC-CON? | Film Threat Versus
277 watching -
33:31
Stephen Gardner
1 hour ago🔴Kamala Has PANIC ATTACK after Trump Surges ahead!
19.1K35 -
1:34:16
Fore Play Golf
18 hours agoXANDER SCHAUFFELE WINS THE OPEN CHAMPIONSHIP - FORE PLAY EPISODE 683
18K1 -
LIVE
FusedAegisTV
5 hours agoBetter To Die, And Be Born Again Inside Their Cycle (Monica's Candor) - Xenoblade Chronicles 3 Pt. 9
346 watching -
2:27
OutdoorChannelTV
5 days agoBowhunting a Kansas Whitetail
14.5K -
2:57:22
The Charlie Kirk Show
5 hours agoKamala Consolidates Power + USSS Dodges Oversight + Where’s Joe? | Solomon, Sen. Hawley, Friday
177K137 -
3:34:22
Right Side Broadcasting Network
1 day agoLIVE REPLAY: Vice Presidential Nominee JD Vance Holds a Hometown Rally in Ohio - 7/22/24
150K27 -
1:58:57
Barstool Yak
6 hours agoThe Yak with Big Cat & Co. Presented by Rhoback | The Yak 7-22-24
44.4K2