Matt Graham, chief operating officer at Mortgage News Daily, joins CNBC's 'The Exchange' to discuss the housing market outlooks, mortgage rates, and more.
I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
Mortgage rates can’t go down because prices are too high, even if they lower the rates down they will have to get them back up soon after to beat inflation the answer is not lower rates it’s price cuts or higher income.
I agree. With how expensive old houses are, only to expect to replace $$$ home essentials that are 10k+. The move is towards new housing to atleast brace yourself for 10 year replacements vs 6+ month replacement in that old home, regardless of quality of new home being garbage. Old homes got overdue garbage anyways.
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Stop deceiving people , you guys do not know anything, as oil continue to go up , inflation will continue to go up, mortgage rates will continue to go up significantly as well, just check the weekly oil chart. It came out of the correction and it will shoot up