Each Federal Reserve Meeting has had a major impact on the housing bubble, but last week’s meeting didn’t quite have the effects that most mortgage professionals didn’t expect. We knew the Federal Funds Rate would increase, but contrary to popular belief, mortgage rates went down. In today’s video, I’m going to explain why this happened, share my mortgage interest rates forecast for 2022 and 2023, and lay out what to expect regarding real estate investing and the general homebuying process as these rates drop.
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Timestamps:
Intro (0:00)
The Federal Reserve Raised the Fed Funds Rate Last Week (0:40)
Why Are Mortgage Rates Down? (3:16)
Interest Rate Forecast for 2022 and Beyond (4:07)
What Can Homebuyers Expect Moving Forward? (7:04)
Questions? Get in Touch! (9:12)
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A few videos that might be helpful:
The importance of working with a pro:
▶https://youtu.be/zuceT1O05NQ
Make a million dollars with 1 rental :
▶ https://youtu.be/dI_TKq84-w4
Real estate investing for beginners:
▶ https://youtu.be/Pt3Yig7IpXk
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More info on refinancing:
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Cheers! 👏😄