Madison Ventures Plus managing director Mitch Roschelle discusses mortgage rates and the current state of the real estate market.
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All praise is for GOD—Lord of all worlds,
the Most Compassionate, Most Merciful,
Master of the Day of Judgment.
You ˹alone˺ we worship and You ˹alone˺ we ask for help.
Guide us along the Straight Path,
the Path of those You have blessed—not those You are displeased with, or those who are astray.
Amen."
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Please pray these words now, pray them as you read them if you cannot look and remember them 🙏
More affordable housing is now in the hands of a consortium of investor speculators!
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…. stock,silver and gold)
Inflation reduced, mortgage rates dropping meanwhile unemployment is still low and job numbers are up. Thanks, Joe.
😂 there hilarious! Click bait! Mortgage rates are still high
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.
Still record highs
Existing home rates are too high and home equities are still being stolen
The helocs are applied for a 7.5% due to huge inflation sunbsidized by 30% credit card interest..
This dude lives in fiction.
I’m California Democratic Party politicians don’t allow or try to prevent you from building homes.
How is that a plunge ?
Totally politics them dems are trying to be elected
Who loans money at below inflation rates and what is the advantage in doing it?
Think Home Prices are High now ? Just wait till Rates begin to fall . You ain't seen nothing .
If your listening to these people you just lost intelligence by at least 10 %
Thank trump for his top1% tax break to the wealthiest people,cost taxpayers trillions.
Rates didn't exactly "Plunge" imo. It is still over 7% that is hwy robbery considering people 2 years ago and prior were getting 2-4% interest rates. Banks can go F themselves. FJB
It is just another political game gearing up to election
The family is smaller why wouldn’t the size of the home
building homes faster isn’t going to help quality homes.
Thanks for letting us know that it’s still terrible out there!!!
Once again we are thinking quantity and not quality!!! And still very expensive! Only the contractor make money from this concept…
BUILD MOREEEE BUILD IT SELL CHEAPER LIKE BEFORE BUILD THERE IS A DEMAND. IM 30 years old
Caint even buy a house in USA LOS ANGLES AREA BUILD MORE SO MUCH LAND EMPTY I SEEE EVERYDAY LANCASTER PALMDALE CA
You're a f/n hack .you and your factory built home
Would you homebuilders and real estate agents give it up? It's over, the economy and consumer are done. Stop it! Get some help.