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MORTGAGE RATES JUST HIT a 20-YEAR HIGH OF 7.5%
enSeptember 18, 2023
About this Episode
PODCAST CONTENT LINKS:
From The Kobeissi Letter - Mortgage rates just hit a 20-year high of 7.5% and are well above the 2008 peak of 6.6%. However, the EFFECTIVE rate of all mortgages outstanding is 3.5%, less than half of current rates.
Why sell your house if your mortgage rate will double? This is the question that 90% of homeowners are now facing.
Supply is unlikely to return to the market anytime soon.
Michael Lodge - several weeks ago I put out a podcast telling you that now is not the time to buy or sell. I stand with that statement.
If you have any business questions, send them to: thebusinessadvisor@zmail.com
If you have any business issues that you would like to work with a business advisor / coach, you can schedule online at: www.lodge-co.com
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Send me an email to: thebusinessadvisor@zmail.com
If you would like to have a confidential business advisory / coaching / mediation session, you can schedule online at: http://www.lodge-co.com
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For business advisory / coaching / consultation, schedule an appointmant by going to: http://www.lodge-co.com
If you have a business question, send it to: thebusinessadvisor@zmail.com
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For business consultation / coaching / advisory - schedule at: http://www.lodge-co.com
For business questions, send them to: thebusinessadvisor@zmail.com
