The new normal for mortgage rates will be around 6%, says NAR’s Lawrence Yun

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[sarawilliam]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[TheDuke]

Lawrence yun's prediction of 6% mortgage rates is good news for homebuyers let's hope it actually happens

[DonaldMark-nese]

I paid up all my mortgages in 2yrs while working with a Financial Adviser. I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. We got to realize that the secret to financial freedom is making better investments.

[andrewwiggin]

If the interest rates come down they will build more homes/apartments. What a shameless lie. We've had a 10+ year period of historically low interest rates. In that period we also had historic low building numbers. If the interest rates go down they will just find another excuse to not build and curtail supply. These people are price fixing and should be investigated.

[MVPTC]

After a 50% increase in less than 5 years… how could rates stay so high while prices stay high??? Affordability crisis in full effect

[nickvin]

We don't need "more supply" genius, we need less government spending. That is the only thing inflating this market.

[golfgrouch]

What kind of economist believes lowering interest rates will reduce inflation?!

[martinmorris]

Melissa early in morning make my day. Like the pendant.

[martinmorris]

We underestimate maintenance, home insurance increases. eventually the prices will drop. California being held hostage
by home insurance. companies.

[Rob_G]

The new rate will NOT be 6-7%. I think the new normal on mortgage rates will be 4-5%. Borrowers will not be rushing in at 6%. That’s total baloney.

[SpeedDemonX]

Lawrence Yun might be the last person to listen to. Along with any real estate agent.

[nickvin]

No one is buying, even investors. Bad sign.

[njptyhz]

In Europe Austria Graz interest rates fix 25 years amount 400, 000 euro 3, 60% and amount 300, 000 euro for 30 years fix 2, 75% population in Austria 9, 159, 993 and USA always behind Europe 5 to 6 weeks for pandemic Europe Lock down and restricted like 2 months before USA in 2008/2009 for house market inflation Europe have low interest rates low house market price because my wife brother bought house in Salzburg 2008/2009 when I did bought in Missouri and they have crash 2 months before US

[BrandonRichards]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[xrzmcxr]

This era is not for new young generation to become good business entrepreneur only big shots making money.

[nedflanders]

The cost to buy a home has outgrown the average working wage. This hurts black and brown people.