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It's falling from. 10% down to 8% boys!!!!! Wow😂
Don’t understand I just know that it a scam🤣
Best 12min 42sec I’ve spent. Appreciate the education
This not a factual video🤦🏿♂️. The 10 year treasury has very little to do with your mortgage rate. The mortgage backed security; is directly tied to your mortgage! If the government want mortgage rates to go down; all they have to do is buy MBS’s!
My home worth 350 I am selling it it’s paid off and I’m thinking about going rent for couple years?
Cutting interest rate is just like Tom and Jerry games. This is why people stopped buying house.
Buyers have smartened up’ buyers that understand real estate are not moved by interest rates, the cost of these homes are beyond high’ making the loan amount ridiculous to pay back-
Who wants to be house poor’
Well this is interesting but it doesn’t explain why Dickcoin is the hottest crypto out there. Really need to express in your next video the virtual possibility associated with Dickcoin. Currently Dickcoin is selling for .000002 for coin and has a potential to reach $1.21 by January.
You're a beast
Thank you so much for such an informative session. Definitely sharing it with my son and friends.
They decided to call it the Federal Reserve because after debate, they felt that the name, "fiat money printing express LLC" sounded cheesy.
The same reason that banks still had crappy savings rates when rates were higher. Greed
Great
I’m living with my in-laws while we supposed to be looking for a home. Everyone I talk to always says “The interest rates are falling” ya well, I ain’t buying a house for 400k that’s only worth 200k because interest dropped .25 percent.
It’s common sense. Buyers control prices. Stand strong fellow folks who are fed up with pricing. Hold fast.
Man, my head is spinning with confusion. He is great at confusing people.
I’m not comfortable with your towel on that head of yours.. I don’t trust you
The real reason is because banks the ones that issued out the mortgages have invested too much money in the housing market and they are ranking in major profits for their investors you think if I issue out loans im going to take a cut in my pay rate when the fed lower rate bullshit. Ima keep the rates high and wait for them to get even higher because im already used to making this amount of money. It's calle corporate greed. Black rock invested heavily into the US housing market and many corporations because they realized that the dollar is loosing its value so they all want tangible assets that retain and gain value.hence ( gold price sky rocke8ng) house prices skyrocketing. They can print all the money but now they own everything that's why
Powell went dovish and undid his rate cut.
Haha he said its a balance of all four.
The banks and mortgage companies are greedy as they come. When the fed rate goes up everyone javks up the int rate. When fed cuts rates, they take forever to lower rates. They make up all the excuses in the "expert" book to justify their rationale. The real truth is, the "experts" and everyone else sees hindsight 20/20. At end of day, they simply give out opinions.
The best part of this video was the stick figures
Gold is time itself crystallized,an incorruptible witness to the rise and fall of empires, while U.S. Treasuries are promises inked by men who hope tomorrow still believes them. One is elemental, dug from the bones of the Earth and immune to default; the other is paper debt, leveraged belief dressed up as stability. Treasuries thrive in civilizations that still trust their rulers; gold thrives when that trust collapses. The dollar yields interest, yes, but it’s an interest denominated in illusion,numbers in a machine that dies the moment confidence does. Gold doesn’t pay dividends because it doesn’t have to; its very existence is resistance to the system that mints IOUs as wealth. When the clock of fiat resets, it’s always the man holding metal, not paper, who still owns the future.
Why is no one talking about solar energy and electric vehicle charging stations investments? It's one profitable investment most people don't realize yet
Because of the 38 trillion in debt. Dollar has lost purchasing power since the 70s. Greed is the reason. Keeep promoting greed things will get better.
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life.
So what youre saying is this is a systematic way of fucking the average citizen out of ever owning a home.
Mortgage rates are down. US bank is doing 5.99 on 30 year fixed. VA and FHA are in the 5's. I think when the gov opens and we start getting jobs data again then Rates will start to fall again as more people buy Treasury bonds
No American Dream for Banti
My mortgage rate dropped almost 2% after cut
Knowledge and action support growth.
Broke cousin Bundy has some really angry eyebrows, I think he knows you’ve been talking about him
Just cant beat a 0% interest rate…….
Just saw you over on Rumble but didn't see the most recent videos. Sick of YouTube, Google, & all the big tech tracking our every move.
Walking by a housing job site. I said hello to one of the workers who could not speak English, yet. He looked into my eyes and stated in English, “I am living the American Dream!” I have traveled to many different countries. We are lucky to have been born or immigrated to the USA, the most unique country in the world. Musk said his greatest idea was moving to the USA because of all the opportunities whether you took advantage or not. Most people in other countries are just surviving not living. You have a chance to have a really good life in the USA.