Creating Wealth Real Estate Investing with Jason Hartman CW 1052 - Return of Adjustable Rate Mortgages, Mortgages as Assets & Mortgage Rate Update
Jason Hartman spends today discussing the future climate of home supply and mortgage rates as we move into a world of higher rates and greater inflation. Jason sees a future that involves more Adjustable Rate Mortgages (ARMs), people unwilling to sell because they aren't willing to give up their low interest rate, and how the housing market could become even more stagnant.
Then Adam talks with one of the lenders from the network to discuss where rates are today, if the Fed raising rates will impact investors, what things might impact rates in the next few months, and more.
Key Takeaways:
[2:56] Labor unions don't have the same cause/need today as they did when they were created and were desperately needed. Today we see technical tyrrany
[4:58] The popularity of Adjustable Rate Mortgages is set to increase
[8:25] An interest side effect to the way housing inventory and rate play out together
[12:10] Investors with mortgage assets are about to be seriously aided by Inflation Induced Debt Destruction
[14:58] Long low rate mortgages leads to a stagnant market with less price discovery because people don't want to give up their rates
Adam's Mortgage Minutes:
[19:35] Rates right now are in the high 5s
[24:04] The rise of quantitative tightening
[28:24] Any news items expected that could impact rates in the next 1-2 months?
Website:
www.JasonHartman.com/Properties