Mortgage Applications are Dropping Like a Rock

2 years ago
67

Mortgage applications are on the decline, and fast. But prices are still going up despite the fact that higher mortgage rates usually result in downward pressure on home prices. Because of this, unaffordability is going through the roof and buyer sentiment is at an all time low. The inventory supply is just not there to meet the demand, and will not be for a long time.

Join Me in Dallas March 5th! https://bit.ly/dlshrsy

Follow me on Twitter https://www.twitter.com/heresyfinancial

Getting Started in Real Estate:
High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
Easy REIT Investing https://fundrise.sjv.io/Ygg2NO

Sources:
https://www.cnbc.com/2022/02/09/homebuyer-demand-for-mortgages-drops-10percent.html
https://www.bloomberg.com/news/articles/2022-02-04/in-sizzling-u-s-housing-market-normal-is-a-long-way-off
https://www.bloomberg.com/news/articles/2022-02-07/never-been-a-worse-time-to-buy-a-home-in-poll-of-u-s-households
https://fred.stlouisfed.org/series/MSACSR
http://www.freddiemac.com/pmms/

My Courses and Guides🍎🍎
💰My Options Course (Beginners) https://gum.co/yvRjw
💵My Options Course (Advanced) https://gum.co/CIqDW
🔑My Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝My Weekly Newsletter https://heresyfinancial.curated.co

Gold and Silver🔥🔥
📱Buy Gold/Silver Bullion https://bit.ly/2WoJHDC
🔒Store Allocated Gold/Silver (Code Heresy1x) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get $100 of BTC) https://itrust.capital/heresy

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get $100 of BTC) https://itrust.capital/heresy
🦢Best Place to Buy Bitcoin (Get $10 of BTC) http://bit.ly/swnhrsy
🏪Best Bitcoin Exchange https://r.kraken.com/e3aej
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P
📉Best margin rates https://bit.ly/2XU4sIn

Invest in Startups (not publicly traded) 💵 💵
📊Republic https://republic.co
🌱SeedInvest https://www.seedinvest.com
👼Angel List https://angel.co/invest/start
🚀Rocket Dollar https://bit.ly/rktdlr

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏚Borrow for RE Development https://groundfloor-finance.sjv.io/mgRRvy
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
🪜Life Insurance https://bit.ly/3qccFBB
🏥Short-Term Health Insurance https://bit.ly/3vFfgVZ
🎓College Savings Plan https://bit.ly/3iRaCRL
📖My Bookshelf https://ur7hr.glideapp.io/
💻Learn to Code https://lambda-school.sjv.io/kjOPAz
🍎Skillshare https://skillshare.eqcm.net/0JY1WM
🏦 Small Business Bank Account https://banknovo.grsm.io/g8joyyssljl3

My Trading/Investing Gear🛠🛠
🖥Thunderbolt Monitor https://amzn.to/3xwbqji
💻M1 MacBook Pro https://amzn.to/3iR3gxB
📶Best WiFi Router https://amzn.to/3gIIoG9
🔊Speakers https://amzn.to/35vEM58
📲M1 iPad Pro 12.9inch https://amzn.to/2TGb1w7
⌨️iPad Magic Keyboard https://amzn.to/3zAIN6f
✏️Apple Pencil https://amzn.to/3zyHu7S
📚Incerto https://amzn.to/3mO57VX

Support the Channel💪🏼💪🏼
💸Patreon https://www.patreon.com/heresyfinancial
☕️Merch https://heresy-financial.creator-spring.com
🤝Join as Member http://bit.ly/joinhrsy

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#realestate #housing #mortgages

Loading comments...