Are Rates Crashing?

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Following yesterday's Federal Reserve Meeting, Jerome Powell and the board of economists reduced rates by 0.50%. With projections indicating that rates may continue to decline, a question arises... are rates crashing?

Steven Thomas, with Reports On Housing, offers an in-depth analysis of the data and trends for the future in housing and mortgage rates.

👉🏼 "Housing Debrief" - Season 5, Episode 30 👈🏼

Sponsored by Alan Mack with Mack Financial Services, 949-929-1091.

*The content in this video is accurate as of the posting date. This is not investment advice.

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Why is the OC market so competitive even in this environment? You can’t buy a home under 900K.

itspeache
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Are you saying that we didn't see mortgage rates drop, because the current mortgage rates are (baked in) based on a projection of where they think the fed is going?

marcusedvalson
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Thank you! Now I am off to my open house 🏡

CA.R.E.
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I know you stay politically neutral in all your video's. I am curious though what your thoughts/facts would be on prop 33.

RVingwithBandit