Fox News contributor Brian Brenberg joined ‘Kennedy’ to weigh in on the Federal Reserve raising interest rates for a third time and its impact on the housing market. #foxbusiness #kennedy
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Any other struggling LO’s here? 😂
Fox News likes to complain and criticize, but can never provide any real solution.
380k?!? Where TF is that??? LOL try Los Angeles…1.7 million for a 4 bedroom small house
Good, keep rising please, I have a 2x inverse bet against the market and it has been gaining ground all throughout 2022. How dare you build houses out of matchsticks and pretend it's a half a million dollar asset. The emperor still has no clothes.
Time to invest in guns
'"They are causing their own problems" 👍
I love how fox forgets we got here because of the orang-atan
Forget about the Interests Rates – Lower The Price of Homes!
It's amazing, if you go to the FED webiste, their biggest "crowing" point is they have "historic" diversity!
In this case, it doesn't seem to be a strength!
Make sure they UNDERSTAND Economics would be a good "bar"!
Time to sell ! Wait ..let move to next street corner or cheaper apartment
DON'T WORRY, INFLATION IS TRANSITORY…..
Biden Lie # 3,234,437
now i wait for a markest crash and build when housing is cheaper and construction materials have fully stabilized
Biden is a thief, he stealing all your money with his bad policies, you will be much poorer a year after!!!! Please Americans, vote him out,use your best policy
Only the crooked democrats can afford houses, they been stealing the American peoples money so long it’s made each one of them multi millionaires.
Joe Biden’s to blame for that….
This will help lower prices, which means your down payment will go further on a purchase, and then you can refinance and pay it off quicker. The rates being so low qualified too many people, gave too many people jobs and pumped too much fake wealth into people's pockets, it's time to get real and taper
I’m ok with higher mortgage rates as it will bring prices down. Those that felt they had to buy and bid prices up were fools and deserve to pay the price. When interest rates go down they won’t have learned and will do it again but in the meantime they will suffer.
Hello, Fox Business. You might want to rid your Comment section of the scammer bot comments concerning an imaginary financial broker named James Werden.
The housing market tanks, along with everything else. This is ridiculous.
I am trapped, living in apartment that every year goes up $ 200.00 american dollars……I tried to buy land, and finance a cottage in the woods……Democrats raised real estate prices so high i cant afford them being over 70 years of age on a fixed income……GOD help us all !!!
Thank you Biden!
My first car loan was 13.9% in 1985. It was a great rate.
Math isn't hard or boring. Math pays off.
Its not the interest rate its the overpriced homes. Dont buy a house right now.
Explain again how Walmart intends to hire only one third of the employees this Christmas as previous Christmases
Obiden will say…"its just up an inch, just a smidge 🤏"
Remember back in 2020 when over 63 million tax payers didn’t pay any taxes at all but still got all those free goodies from the government. Stimulus checks, unemployment benefits and enhanced unemployment benefits, tons of food stamps, free rent, early child credits on taxes, it was a free for all. But now everyone finds out it wasn’t actually free after all. Not looking good now.
Good I hope they go to 10%. Great time to be a cash buyer.
But the inflation reduction act……is supposed to lower inflation….so the rates don’t have to increase. Isn’t that how it works?
You are boring
This is why I don't buy. I will wait for the economy to die….
Covid virus is causing brain damage. According to a popular headline news and email media.
The news about it was taken down, and totally off line
All planned to help drive assets prices down to let elites purchase them at bargain basement prices…
But they checked all the LBGTQ…boxes, the White House doesn’t care about qualifications! Nooo only do you check the boxes? That’s their only concern and we, the taxpaying citizens, are suffering the consequences!
7-8% by next year mortgage rates…
Anyone else remember when mortgage interest rates were between 13-18%? Was around 1983
Thank Biden for making the housing market just another step towards a real depression.
Most mortgages have fixed rates. Higher rates play out in the market price of homes as payments have proportionately far more interest. This means many in the starter category cannot buy. When these cannot buy the next rank above them also fails as these are made up of the sellers in the category beneath and so on. The whole thing freezes up as home prices drop -which was the very idea….
The result of stealing election by giving people so much money so people can lose focus on the stolen election
Thanks Brandon…. you butt wipe.