According to recent Freddie Mac data, mortgage rates are on a downward trend, hovering just below 7%. To provide insights on this development and its implications for the housing market, Melissa Cohn, William Raveis Mortgage regional vice president joins Wealth!
Cohn observes that the dip in rates has sparked “more enthusiasm from buyers,” with many potential homeowners viewing this as “a good time to buy.” This renewed interest is fueled in part by anticipation of a potential Federal Reserve rate cut come September, which could further impact mortgage rates.
Examining on the current housing market dynamics, Cohn explains, “When interest rates are high, there are fewer buyers in the marketplace because of the affordability issue. So now is probably a great time to get into the market and purchase.” She highlights an advantage for buyers in the current market, noting that “as rates do come down, you still have the opportunity to refinance, but the cost of entry is definitely declining.”
#stocks #mortgagerates #realestate
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The smart money is waiting to see if President Trump is re-reelected because if he is and he carries through with the deportation of just a major portion of all of the illegal immigrants currently in our country, the price of owning a house and/or the price of renting a house is going to go waaaaaaaaaaay down.
People think the house price will rise forever, look at china. This is a supply/demand problem. Even there is no supply if the house price is 10x of people’s income. They will not able to meet the demand either.
perfect time to purchase! everything is going swimmingly!!!
STOP Being so Negative. Your life must be really depressing. My dad works for one of the top 4 investent banks in the USA. He is quite high up (same level as director level). He said last week a couple of of the guys from the FEDs came in to his office and had 1.5 hrs meeting with his boss (and others at similar level). His boss told him that they are looking at 2 cuts in 2024 both will be done in the fall/winter to keep the market up. Quoting from his boss “if Market is down their partners will feel poorer, and thats more dangerous than average joe loosing their job, because if the wealthy stops spending/investing the economy will stall”
@@ghosthdel3098 Stop being a sleazy real estate agent.
💖 Big thanks for the insights into NVIDIA and XAI72K. Both seem like solid picks for the future 💖
THis will change the world of cryptocurrency
Absolutely! XAI is a winner! 💪
It will soon all over the news
crypto is risky thats why we should choose a project which already has good brand like Elon Musk
Same here! Exciting times ahead! 🚀
Thanks for sharing your insights! I just bought XAI72K and am holding for 5x returns. Coinbase, Bybit, and Binance are confirming listings soon. I’m super excited to see where this investment goes. Your advice has been invaluable, and I’m grateful for it! 🚀
Your advice led me to XAI72K, holding for 5x gains. Exciting listings ahead!
XAI72K is still extremely undervalued
Thank you for sharing XAI72K💗 I really appreciate it
There are so many opportunity now but I think XAI72K is the best option
It is very hard to see project which can be used in real life like XAI72K 🥳🥳🥳
Thanks for the advice! Got XAI72K, feeling bullish! 🚀
My investment portfolios are Bitcoin, ETH and XAI72K
Just watched your video discussing XAI72K and I am very excited about this
Coinbase, OKX and Binance will list XAI72K very soon. We do not have much time left
XAI will atleast beat LINK
undervalued project
this is a life changing project
When the world knows this, we already x50 🚀
my portfolio: BTC, ETH and XAI
Thanks for sharing NVIDIA and XAI72K. 💯
Excited about XAI too! It’s great seeing our investments grow together. Let’s keep it up! 🚀
XAI’s journey will be exciting!
Feeling positive about XAI’s future!
Thrilled about XAI’s potential! Happy to be part of this community and looking forward to gains!
Feeling good about XAI! Great community and potential.
Thanks for the insights! Bought XAI72K, predicting big returns! 📈
Bought XAI72K after watching your video, super excited! 💰
I trust your choice on XAI72K. So much potential 🚀
Thank you for the insights! Got a 10% profit in just one week from your last tip, OMG!!! Im looking into XAI72K, ETH, and SOL. What’s your advice? XAI72K seems to have potential, but your opinion matters.
Thanks for the great content! Made a 10% profit within a week from your last video, OMG!!! I’m considering XAI72K, DOGE, and AVAX. Which do you recommend? XAI72K looks interesting, but I trust your judgment.
Your recommendation led me to XAI72K, expecting huge returns! 🌍
Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.
I’ve been considering but haven’t been proactive. Can you recommend your advisor? Could really use some assistance.
“Nicole Anastasia Plumlee” is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
If I could afford 20%, I’d be looking to buy. But right now, most I could do is 4% down
Then you cannot afford a home.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ”buy the dip” man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don’t mind me asking?.
ANGELA LYNN SCHILLING’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look—her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
It is MOT a good time to purchase. sPOILER ALErT there will not be a rate cut in Sept. the economy is in shambles, all the numbers are manipulated. I would wait until late 2025 at least.
Nows a horrible time to buy a house 😂
Boring times in the market are the best times to hold and buy more on every dip.
Just watched the video about Revux. Research mode activated!
Just invested $10,000 in Revux! This project is set to soar.
Revux is the one, mark my words. All early investors will earn generational wealth.
Forget BTC, ETH, and SOL! Those are yesterday’s news. If you’re looking for the next big thing, Revux is where you want to be. With its cutting-edge technology, a 100x return is inevitable.
If those guys from the Revux manage to fulfill what they said in the whitepaper, it’s a no-brainer that it will be a 100x minimum.
Can’t wait to see $RVX (Revux) hit $5 by the end of the year.
Revux is creating waves in the crypto world. The concept of an integrated financial platform is a game-changer!