Where Real Estate Will Lose the Most | Small Banks Hold the Answer

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2 years ago
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Economists warn of 8% 30-year mortgage rates; Lawrence Yun of National Association of Realtors highlights 7.2% as crucial.
Rising rates impact homebuyer demand; potential economic cooling could ease inflation and mortgage rates.
Current 300 basis points spread between 30-year mortgage and 10-year Treasury only seen during financial crises.
New York Federal Reserve survey expects rates at 8.4% next year, 8.8% in three years.
8% rate could hike monthly mortgage to over $2,300, sidelining many buyers.
All-cash buyers like baby boomers could stabilize property values; job market pivotal for price direction. #MortgageCrisis #USRealEstate #Inflation #BabyBoomer

TOPICS AND TIMESTAMPS:
Real Estate Mispricing 0:00
Moving In Or Out? 9:40
What Can You Do? 16:20

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