Mortgage Rate Explosion Devastating to Housing Market

Mortgage Rate Explosion Devastating to Housing Market
Houston, San Antonio, Austin and Dallas Texas. Are the local areas I study the most.

For correspondence regarding commercial investments please email me at:
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For correspondence regarding real- estate, please email Jullian Lopez :
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Helpful Links:
1. How Much Interest Really Cost Calculator
https://www.consumerfinance.gov/owning-a-home/explore-rates/
2. How Much Can You Afford Calculator
https://www.calculator.net/house-affordability-calculator.html
3. Debt to Income Ratio Calculator
https://www.calculator.net/debt-ratio-calculator.html
4. Amortization Calculator
https://www.calculator.net/amortization-calculator.html

0:00 - Intro
1:03 - Mortgage Rates
2:29 - True Cost to Own
7:01 - What does the Avg. American Qualify for?
12:14 - 2006 and 2023 Lies


Data Source:
#1 https://fred.stlouisfed.org/series/MORTGAGE30US
#2 https://ycharts.com/indicators/us_existing_home_median_sales_price#:~:text=US%20Existing%20Home%20Median%20Sales%20Price%20is%20at%20a%20current,0.87%25%20from%20one%20year%20ago.
#3 https://www.consumerfinance.gov/owning-a-home/explore-rates/
#4 https://seekingalpha.com/article/4615624-median-household-income-in-may-2023
#5 https://www.fool.com/the-ascent/credit-cards/articles/heres-how-much-the-average-american-is-spending-on-credit-card-debt-monthly/#:~:text=The%20typical%20consumer%20pays%20%24430,your%20debt%20easier%20to%20manage.
#6 https://www.lendingtree.com/auto/debt-statistics/#:~:text=The%20average%20car%20payment%20for%20a%20new%20vehicle%20is%20%24725,average%20monthly%20payments%20at%20%24516.
#7 https://educationdata.org/average-student-loan-payment#:~:text=Report%20Highlights.,repay%20their%20student%20loan%20debt.
#8 https://www.businessinsider.com/personal-finance/average-credit-score#:~:text=The%20average%20credit%20score%20in,has%20the%20highest%20at%20760.
#9 https://www.blackknightinc.com/wp-content/uploads/2023/08/BKI_MM_AUG2023_Chart20.pdf
#10 https://www.seattletimes.com/business/as-fed-meets-investors-bet-on-soft-landing/
#11 https://www.youtube.com/watch?v=CLETm1jk2w0
#12 https://abcnews.go.com/Business/story?id=3455215&page=1
#13 https://www.bankrate.com/rates/interest-rates/federal-funds-rate/

#mortgagerates #realestatenews #housingmarketupdate

My Personal BIO, OUTSIDE of Real Estate Mindset:
Travis Spencer
Loan Originator #1044093
Amcap Home Loans
Equal Housing Lender
9999 Bellaire Blvd. Suite 700
Houston, TX 77036

Travis Spencer
TREC Provider #10299

Travis Spencer
TREC Sales Person Realtor #727233
Executive Texas Realty
417 Gentry Street Suite D
Spring, TX 77373

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