Recession signal just triggered so what's next for Real Estate?
We now have a few different recession signals including two different yield curve inversions and spiking price of oil. When you add in staggering inflation data along with supply chain issues, it sure makes it seem like someone, somewhere, doesn't know what they're doing. That said, we expect real estate to be the go-to asset in this down-turn to come. Stocks could really get slammed and I think that's right around the corner. Definitely read the thread about Russia and the spillover from that. Hope this helps. Links below:
SUBMIT YOUR SCENARIO - get a loan quote specific for you and fast! All I need is the following info…feel free to email or text:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in
I will get back to you ASAP! :)
Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046
VA mortgage rates, FHA mortgage rates, Conventional mortgage rates, JUMBO mortgage rates today
LINKS:
https://www.cnbc.com/2022/03/30/stock-market-futures-open-to-close-news.html
https://www.cnbc.com/2022/03/31/2-year-treasury-yield-tops-10-year-rate-a-yield-curve-inversion-that-could-signal-a-recession.html
https://www.cnbc.com/2022/03/30/mortgage-refinance-demand-plunges-60percent-as-rates-hit-their-highest-level-since-2018.html
https://fred.stlouisfed.org/series/MORTGAGE30US
READ: https://www.fxstreet.com/analysis/the-ruble-regains-100-of-its-loss-after-russia-invaded-ukraine-why-202203310528
-
1:57:30
Donald J. Trump
7 hours agoLIVE: President Donald Trump & VP Nominee, Senator JD Vance in Grand Rapids, Michigan
338K499 -
LIVE
Right Side Broadcasting Network
4 days agoLIVE REPLAY: President Trump and JD Vance Hold Major Rally in Grand Rapids, Michigan - 7/20/24
27,779 watching -
2:42:08
vivafrei
7 hours agoThe Trump "Bullet Shot" Controversy! Live with Veteran, Combat Photographer Michael Yon - Viva Frei
57.1K67 -
2:23:13
Jewels Jones Live ®
1 day agoTHE CHOICE 2024 | A Political Rendezvous - Ep. 84
48.5K22 -
14:57
Standpoint with Gabe Groisman
3 days agoEp. 37. Failed Assassination was a Revealed Miracle
58.2K20 -
13:43
Scammer Payback
4 days agoDeleting this Scammer Scumbags personal photos
67.9K37 -
42:39
The Why Files
5 days agoWe Are the Aliens | Life's Interstellar Journey to Earth: Panspermia
93.1K85 -
1:24:34
Michael Franzese
1 day agoTrump speech, assassination attempt updates, and foreign threats | MF LIVE | Ep. 12
86.1K123 -
1:53:06
Tactical Advisor
8 hours agoBattleHawk Build Of The Month and Giveaway - Vault Room Live Stream
92.3K24 -
19:55
My Self Reliance
1 day agoNow What?!
102K28