Mortgage Rates Now Over 7% | Real Estate Has FLIPPED

Selling Real Estate
This Housing Market is DONE.. Add me on insta and tiktok @thisisjohnwilliams

Subscribe to my Second Channel: https://www.youtube.com/c/johnwilliamsyoutube?sub_confirmation=1

✅ 🗳️Learn from John ✅
YouTube Success Blueprint: https://wealth.thisisjohnwilliams.com/youtubesuccess
Wealth Academy: https://wealth.thisisjohnwilliams.com/wealthacademy
Real Estate Investing – GOLD Package: https://www.uofre.com/cashflow-rental-blueprint
One on One Call: https://thisisjohnwilliams-shop.com/products/one-on-one-call

Let’s Connect on:
Rumble — https://rumble.com/user/ThisisJohnWilliams
Instagram — https://www.instagram.com/thisisjohnwilliams
TikTok — https://www.tiktok.com/@thisisjohnwilliams?lang=en
Twitter — https://twitter.com/johnwilliamsbiz
LinkedIn — https://www.linkedin.com/in/john-williams-3a699612/
Clubhouse — @johnwilliamsbiz

The real estate market was supported with very low and historical interest rates. The mortgage rates allowed both property owners and investors to sell their homes, apartment buildings, office buildings and mobile home parks for record prices due to the low cost of mortgage debt. The housing market has officially flipped as mortgage rates went from 2.875% on a thirty year fixed rate mortgage to over 7.1% on a thirty year fixed rate mortgage. This equals big signs of trouble for the housing market and home affordability. We are witnessing the end of an affordable life in America for hundreds of millions of Americans. We will see home ownership and home affordability slip away. Many investors and property owners who want to sell their home will likely have to do so at a lower price today than what they were able to fetch in the housing market just six months ago.

Do you think the housing market has flipped? Do you think the real estate market will get punished with high mortgage rates? Where do you see the housing market going for house flippers and airbnb investors?

Products You May Like

Articles You May Like

Inflation is down — but the middle class is still feeling financial pressure. Here’s why
Jim Cramer says buy Stanley Black & Decker’s post-earnings plunge ‘aggressively’
$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’
Mortgage demand stalls as interest rates surge higher ahead of election
Before Donald Trump bought Mar-a-Lago, this is how it looked under the ownership of America’s richest woman

Leave a Reply

Your email address will not be published. Required fields are marked *