Mortgages Rates Are Going Up FOREVER (The Truth)
Investing just got a whole lot smarter and more exciting with Public. Public is an investing platform aimed at investors looking to take their investing journey seriously. Sign up here
In this video, I break down how The Fed is cutting rates, and why mortgage rates keep going up!
MY FAVORITE TOOLS & RESOURCES
🏫 WBFU – My Private Community –
🏠 Get My Home Affordability Spreadsheet –
₿ $5 FREE Bitcoin (River):
🔒 Ledger – Store Your Bitcoin The Right Way –
💰 My FREE Stock Market For Beginners Course –
MY OTHER SOCIALS:
🐦 X –
📸 Instagram –
Chapters:
00:00 Intro
00:24 Fed Rate Cuts
01:18 10yr Treasury
03:04 Why So High
06:49 Public Spot
08:09 How To Lower Rates
09:33 My Thoughts
WHO AM I? 👇
If we haven’t met before – Hi 👋 I’m Marko, and I’ve been investing since 2006, and I got my finance degree in 2010. My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am merely sharing my opinion with no guarantee of investment gains or losses.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
MY FAVORITE TOOLS & RESOURCES
🏫 WBFU – My Private Community – https://lp.whiteboardfinance.com/
🏠 Get My Home Affordability Spreadsheet – https://whiteboardfinance.com/go/ytmember
₿ $5 FREE Bitcoin (River): https://river.com/whiteboardfinance
🔒 Ledger – Store Your Bitcoin The Right Way – https://whiteboardfinance.com/go/ledger
💰 My FREE Stock Market For Beginners Course – https://whiteboardfinance.com/go/stocksguide
Hey! It’s definitely a wild ride with mortgage rates right now! 🚀 It’s interesting to see how The Fed’s moves are impacting everything. Let’s see how it unfolds!
I was shocked that public is the sponsor today.I thought it was policy genius. Palsy genius makes it so that I can sleep safe at night.Just like what Marco says?Knowing that we have a policy and it was written by a genius.
We love our policy from Policygenius! Thanks for watching!
It used to be said that a boat is a hole in the water that you pour money into. Now it’s called a house.
BOAT = Bust out another thousand
Wouldn’t it be wild if eventually buying a boat and living in it would actually be less expensive than a traditional home?
@@BrewReview Holland
This exactly why “no one wants to work ant more”
This video reminded me of that one time that I got an onion ring inside of my french fries order. I was so happy so joyful. I am still remembering it to this day.
LOL!
Great information here brotha! I’m getting into a mortgage in about 6 months so I’m keeping a close eye! Was really hoping they were lower by now though.
Thanks for watching!
Higher rate will keep more on the sidelines, so less competition for you when buying. You can refi later, but what you pay for the house will never change. You make your first money on the “buy”. Good luck!
$/sqft is getting ridiculous here in nj. it’s super common to see “starter homes” with over $300/sqft. the higher in purchase price you go the lower $/sqft gets, which just rewards people for having more money
Renting vs buying. Let’s see that video!
This please
Whatever you can afford
I recently got my home October 2024..I bought down my rate to under 5%…that’s the best you’re gonna get nowadays.
I bought my first home in the mid 80s and interest rate was 8.5 and I was thrilled since just a few years earlier it was well over double digits
@13:20 Housing is ridiculous. Those pulling the levers of our economy can’t seem to fix it. The problem was created by an extreme overreaction 5 years ago. Though Powell has mentioned housing as a target of Fed action, nothing they’ve done so far has made a dent in affordability.
I plan to buy cash and if rates ever get to 4% or lower, I plan on taking out a mortgage on it.
If Mortgages Rates Are Going Up FOREVER, then home owners need to be prepared for lower appraisals, forever. Prices are set at the margin and if the marginal buyers can’t afford your house, then prices will drop until it finds liquidity. Overall, I think mortgage rates will eventually come back down to ~5%… I don’t know when…
Also, a lower loan-to-value does not prevent a housing crash. In fact, a lower LTV would soften the pain of a housing crash because less people would be under water.
Furthermore, a low LTV could cause lower prices as the home owners have more equity in the house thus a lower sell price of say 15% is more accommodating.
The low LTV is mostly because housing sky rocketed in 2020 (note dip in chart) and of course home owners just paying it off.
I plan on buying a house this year finally but this sucks to see. It is what it is, and life is too short to time everything perfectly. Thankfully I make a good salary and have excellent credit. Thanks for the video.
It’s better to be IN the market, then TIME the market. Good luck.
1:00 Mortgage rates don’t follow the fed funds rate
4:00 Resurgance of inflation
8:10 How mortgage rates go down
10:30 LTV suggests no upcoming crash
I got in in 2017 with 2.8%, and apparently, my house is worth twice what I paid for it. For the first time, I feel lucky. Great video, buddy.
Waiting on sideline to buy its ridiculous out there just stacking sats, stocks, and cash in the meantime while living in my families rental for cheap
Girlfriend? Forget that! I’m staying with parents till I buy a house with cash.
I needed this video today. Solidifies what I’ve already known as I’ve just been ‘embracing the suck’ until ownership becomes more affordable one day.
Thank you, Marko! ✌️
⭐️⭐️⭐️⭐️⭐️