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Episode Description
You won’t believe why mortgage rates are going back up. It’s not because of the war, it’s not because of gas prices, and it’s not because of the Federal Reserve. Something nobody is talking about is playing a much bigger role in mortgage rates than most Americans think. It’s making big corporations richer while the average American continues to struggle to buy a home.
What is the hidden factor nobody’s talking about?
Today, Dave is getting into it, unpacking not only the real reason why mortgage rates are heading back toward 7%, but the loaded week of housing market news. First, we’ll touch on mortgage rates and the two reasons why they’re shooting back up even after a surprisingly positive inflation report. Then, the historic housing bill that successfully became law and what it really says in the fine print (is Wall Street actually banned?).
Finally, why rising student loan delinquencies could mean more renter demand and fewer home sales for millions of Americans.
In This Episode We Cover
The real reason why mortgage rates are going up even if inflation readings are falling
What’s actually in the historic 21st Century ROAD to Housing Act?
Wall Street’s “ban” on buying houses and what the fine print says
Cracks forming in student loan repayments and how it could trickle down to housing (more renter demand?)
And So Much More!
Links from the Show
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Hear Our Full Episode on the Historic Housing Bill
Grab Dave’s Book, Start with Strategy
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-443.
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