Mortgage Rates At Almost 8% | Real Estate Has Flipped

You Won't Believe These Mortgage Rates! Add me on IG @thisisjohnwilliams

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The housing market for many years was supported with very low home mortgage rates which benefited home sellers and property owners immensely as home buyers, property investors and real estate speculators were able to afford much more money to purchase their asset. However how does the investing landscape look when interest rates on a 30 year fixed rate mortgage from from 3% to 7% or maybe 8% - the reality is home buyers, real estate investors and property speculators will be much more concerned about the economy and will only be able to afford to spend a fraction on that purchase than they could have when the real estate and housing market was strong.

I believe that over the coming six to twelve months we will see home mortgage rates and interest rates continue to rise and with this rise we will see more and more home inventory, more home foreclosures, more properties coming on the market for rent and more change coming.

Many real estate investors will likely hold off on purchasing assets that are at very high valuations due to the probability that asset prices could very well be coming down in the short term.

Where do you see mortgage rates going?

#mortgage #housing #realestate

[ThisisJohnWilliams]

Completely FREE, I will train you, no experience needed.. Only requirement is Wifi connection - you can be located anywhere in the 🌎

[philipvincent]

Questions you need to ask yourself, What direction is the housing market headed in? Whether you own a single-family home or an investment property, knowing what's going on with the market can be beneficial to you.

[timeforachange-is]

All current closing and over the next three months are locked mortgage rates at ~5% based on the August dip. The market pulled forward every person sitting on the fence in August and homes sales went up. Once the pull forward demand closes, you have the remaining people that will have 7%-8.5% rates for new homes and sales will fall off of a cliff.

[mathewzimmerman]

My greatest happiness is the $ 64, 000 bi - weekly profit I get consistently from my $ 15, 000 investment despite the economic fluctuation

[whitehataidcom]

Cashed out 20, 000 dollar from whitehataid today

[universalsorrow]

Why the fuck would anyone get a 30 yr fixed right now

[tomjonz]

Hey John Williams, are you related to MONTEL Both of you are celebrities, Montel covered DRAMA estate while you cover REAL estate.

[juliaruddock]

I know everybody was saying not to buy last year but I scored a 5 acre property in the rural south with a 3/2 brick house at a 2.5% fixed rate. It is 2-3 hours away from each of the large surrounding cities. This is our last stand family homestead...we're going nowhere after this, so it made sense for me to buy this for our family, including extended ones trying to milk the last red cent out of the crappy cesspool that are our country's largest cities. They got the memo...and they're planning to come set up their small converted homes on the land with my core family. Ladies and gentlemen, it's time to swallow our pride and come together as a strong family unit once again. Come whatever will, a strong family unit is damn near unconquerable if we're all on the same page. I'm in my mid-thirties, and I'm in the captain's seat steering this ship. Good luck everyone!

[liamjames]

*It is no longer a story that the world is experiencing a global economic downturn, I’m so happy that I’ve been receiving $45, 000 from my $10, 000 investment every 10 days.*

[Hernandez]

Investing is a time-tested way of putting your money to work for you, as you work to earn more of it. Legendary investor Warren Buffett defined investing as “forgoing consumption now in order to have the ability to consume more at a later date.

[Hayabusa-oryo]

Unreal. Rates will be almost 10% by the end of the year. On a house. Yeah, I know the historical data on rates. It's still high for today's standards.

[socalbeeremovalandrelocation]

California Dreamin on such a hurricane 🌀 day

[armstrongj]

So excited how the market is goin! I'm still surprised how i make over $15, 000 every week with the knowledge you've shared ... So excited. thanks bud for keeping it light and real ✌️

[AccordionJoe]

Mortgage rates hit the high teens in the late 1970s and they could do it again.

[jamesharris]

The people that got in the home buying frenzy in 2021 are in trouble.

[maxstone]

The home owners/investors glory days are over. Anyone who has any math skills can do the numbers. Those 1500 sq.ft. million $+ homes has to come down between 50-70% off current delusional prices, at minimum, for buyers to qualify for the mortgages with a 20% down payment based on the median household income in California. My 2 cents...

[mrfine]

My cousin just got approved for a 7.25% loan with 12500 closing costs for a 450, 000 home

[priceless]

I haven't seen any price differences. Prices in Nor cal keeps going up. You have to work 2 job's to own a house. Unless you're from Bay or LA. All cash buyers . If you have cash Interest rates doesn't matter.

[CarMaintenanceGuy]

I need rates to be way north of 15% so that homes can crash where I can afford them. I need a flood of homes under $200k so regular people can afford them.

[creatureshategod]

I’m a Catastrophist and this is going to be worse than what I thought.