Made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning a home. If Interest Rates go up, its hard for people to afford homes. If Interest Rates went up 100 basis points. That would be an increase of 20 to 25 in payments payments. That would knock a lot of people out of the housing markets. With Interest Rates being very low, thats good for housing. On the other hand, we have issues right now the best mort ghaidges my lifetime. The highest quality mortgages, fanny, freddy, fha, va. They all raised their qualification standard which eliminate a lot of
Recession in 2008 housing has made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning a home. If Interest Rates go up, its hard for people to afford homes. If Interest Rates went up 100 basis points. That would be an increase of 20 to 25 in payments payments. That would knock a lot of people out of the housing markets. With Interest Rates being very low, thats good for housing. On the other hand, we have issues right now the best mort ghaidges my lifetime. The highest quality mortgages, fanny, freddy, fha, va. They all raised their qualification sta
Made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning a home. If Interest Rates go up, its hard for people to afford homes. If Interest Rates went up 100 basis points. That would be an increase of 20 to 25 in payments payments. That would knock a l of people out ofhe housing markets. With Interest Rates being very low, thats good for housing. On the other hand, we have issues right now the best mort ghaidges my lifetime. The highest quality mortgages, fanny, freddy, fha, va. They all raised their qualification standard which eliminate a lot of peo
Recession in 2008 housing has made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning a home. If Interest Rates go up, its hard for people to afford homes. If Interest Rates went up 100 basis points. That would be an increase of 20 to 25 in payments payments. That would knock a lot of people out of the housing markets. With Interest Rates being very low, thats good for housing. On the other hand, we have issues right now the best mort ghaidges my lifetime. The highest quality mortgages, fanny, freddy, fha, va. They all raised their qualification sta
Made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning a home. If Interest Rates go up, its hard for people to afford homes. If Interest Rates went up 100 basis points. That would be an increase of 20 to 25 in payments payments. That would knock a lot of people out of the housing markets. With Interest Rates being very low, thats good for housing. On the other hand, we have issues right now the best mort ghaidges my lifetime. The highest quality mortgages, fanny, freddy, fha, va. They all raised their qualification standard which eliminate a lot of