7% Mortgage Rates Explained. #inflation #interestrates

Why Mortgage INTEREST Rates are going UP! #inflation #interestrates

Why are mortgage interest rates going up? In this video we will try and explain yield and bond curves that the mortgage industry follows. We are starting to see signs of a Recession. The fed's just announced a 75 basis point in a historic move to curb inflation. Will will work?

Redfin lays of 8%, interest rates are up possibly reaching 7% and we are being told we are in a Bear market. Will mortgage rates go up in 2022? Probably. Are we headed for a market crash or housing bubble nationally or in the Boise area? Maybe. Real Estate forecast for 2022.

Follow us along as we talk about the current state of the Idaho Housing Market. Update May 2022. Will there be a market crash? Will home prices ever come down? Why is rent so expensive. So many questions about the current housing market. Here we try and answer a few! We try and give a housing market forecast for Idaho and nationally.

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Mike McLean
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