Mortgage demand pulls back as rates rise

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  • เผยแพร่เมื่อ 14 ธ.ค. 2024
  • Doug Duncan, Fannie Mae chief economist, joins 'Squawk on the Street' to discuss recent mortgage demand, the magic number for more mortgage demand, and much more.

ความคิดเห็น • 42

  • @Fatboylo1980
    @Fatboylo1980 6 หลายเดือนก่อน +5

    My wife and I make 300k a year combined and couldn’t afford tye house we live in in today’s market. This country is fEd!

    • @nocucksinkekistan7321
      @nocucksinkekistan7321 6 หลายเดือนก่อน

      Because you're trash with money, i can afford it on 55k.

  • @Adam-lm5yd
    @Adam-lm5yd 6 หลายเดือนก่อน +10

    6.5% is still pretty high for regular people 😅

    • @youtubetim3577
      @youtubetim3577 6 หลายเดือนก่อน

      Ya what a joke try 4.5

    • @nocucksinkekistan7321
      @nocucksinkekistan7321 6 หลายเดือนก่อน

      Regular people can't afford mortgages at all.

  • @peterbedford2610
    @peterbedford2610 6 หลายเดือนก่อน +8

    Real estate industry is just getting gutted.

  • @KungPowEnterFist
    @KungPowEnterFist 6 หลายเดือนก่อน +7

    Mortgage rates still very low. The problem is home valuation, insurance, property taxes and HOA fees. Call it what it is.

    • @arbitrader893
      @arbitrader893 6 หลายเดือนก่อน +1

      Prices need to go down , rates need to keep going up.

    • @youtubetim3577
      @youtubetim3577 6 หลายเดือนก่อน

      Don't be a tool rates are not low they are extremely high

    • @arbitrader893
      @arbitrader893 6 หลายเดือนก่อน

      @@youtubetim3577 You're the tool. Rates are never going back down to where they were. You must be in your 20's or 30's... Never seen rates higher than 4%.lol

  • @01LucilleAlvarez
    @01LucilleAlvarez 6 หลายเดือนก่อน +56

    I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of play out with the stocks they discussed therein...

    • @MakaiTruong
      @MakaiTruong 6 หลายเดือนก่อน

      stocks are overrated now. buy gold , 5% in crypto . rest in cash. and wait for the stock/property/land.
      price to crash . but them after it stops dropping for 7 - 12 months at the bottom.

    • @MercyDaugherty431
      @MercyDaugherty431 6 หลายเดือนก่อน

      In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! this will help you spread risk.

    • @ChanaMay
      @ChanaMay 6 หลายเดือนก่อน

      Buy and hold.
      Buy a little at first.
      Buy with a purpose.
      And for the love of all thing do not invest more than you can afford to lose. Always have other, safer monetary channels and backup funds.

    • @BruceSellers422
      @BruceSellers422 6 หลายเดือนก่อน

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @GunnarBlankenship
      @GunnarBlankenship 6 หลายเดือนก่อน

      I think I want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?.

  • @teebone2157
    @teebone2157 6 หลายเดือนก่อน +3

    So let me get this straight. The majority of people in the country cant afford a new home real estate rates keep rising as well. As interest rates, what sense does that make with demand so low?

    • @dm17nc17
      @dm17nc17 6 หลายเดือนก่อน

      It just takes sooo long to turn but it will. You cannot have existing homes at 5.2x income long term. Mortgage apps are at a 30yr low, that is telling you something.

    • @shaymalchione809
      @shaymalchione809 6 หลายเดือนก่อน

      Greed plain & simple.

  • @SophSoundsENT
    @SophSoundsENT 6 หลายเดือนก่อน +3

    Just making it up month by month

  • @Brandon96712
    @Brandon96712 6 หลายเดือนก่อน +2

    Banks are selling mortgages. People always say it's a good option to buy at discount, but with the market turmoil and everything at stake in present economy, I'm thinking of buying stable coin to hedge against inflation, or is it all right saving over 350k ?

    • @jonathanolulu1948
      @jonathanolulu1948 6 หลายเดือนก่อน

      There are options that spread across multiple banks. I use a non-beginner broker that protest up to 3 million dollars and provide 4.58% returns on cash, it's always a good idea to consider working with an advisor for financial planning

    • @LagerthaJackson
      @LagerthaJackson 6 หลายเดือนก่อน

      Agreed, financial advisors play a key role in portfolio allocation and i've been using one since late 2019 just before rona outbreak. So far, I'm barely 25% short of $1m ballpark goal after subsequent investments.

    • @Fahima9Tazin
      @Fahima9Tazin 6 หลายเดือนก่อน

      Please excuse my curiosity, would you mind sharing more info on your advisor? I’m in dire need of guidance

    • @LagerthaJackson
      @LagerthaJackson 6 หลายเดือนก่อน

      Credits goes to Vivian jean wilhelm one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @Fahima9Tazin
      @Fahima9Tazin 6 หลายเดือนก่อน

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @kunalyadav9996
    @kunalyadav9996 6 หลายเดือนก่อน

    My bull run picks: LINK, UNI, and SOL. Best presale? Hands down, Revux.

  • @srijansrijan9655
    @srijansrijan9655 6 หลายเดือนก่อน

    If you’re into presales, Revux is a must-have. Early birds get the biggest worms!

  • @umeshgamer1477
    @umeshgamer1477 6 หลายเดือนก่อน

    Moved all my funds into BTC and Revux. This presale is too good to pass up.

  • @michellerussell49
    @michellerussell49 6 หลายเดือนก่อน

    8% as of 2 days ago

  • @umanggangadya4353
    @umanggangadya4353 6 หลายเดือนก่อน

    Consolidating my portfolio to focus on BTC and Revux, maybe a touch of LTC.

  • @pappu-zf2je
    @pappu-zf2je 6 หลายเดือนก่อน

    Who else thinks Revux will outperform XRP soon?

    • @ariescorner7655
      @ariescorner7655 6 หลายเดือนก่อน +1

      Who thinks these are trash bots trying to get you to buy into the scam that cryptos are?

  • @chuyenpham3336
    @chuyenpham3336 6 หลายเดือนก่อน

    Greatttt