‘Shark Tank’ star Barbara Corcoran weighs in on record mortgage rates l GMA

Ойын-сауық

With the average rate on a 30-year fixed-rate mortgage at 7.58%, the businesswoman talks about the impact it could have on the housing market.
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#housingmarket #sharktank #mortgage #gma

Пікірлер: 57

  • @taffyalusa4642
    @taffyalusa46429 ай бұрын

    Barbara is a realtor, her business is to sell, she's not an economist. She talks to benefit her business.

  • @hoomanbeing4918

    @hoomanbeing4918

    8 ай бұрын

    She is an investor, has her life time experience in development, asset and portfolio management. She knows what she is talking about.

  • @alfordelliott6943

    @alfordelliott6943

    8 ай бұрын

    And your upset you can't afford a house

  • @tamimoncrief2264

    @tamimoncrief2264

    2 ай бұрын

    Her business is to sell. The cost of a home is thru the roof

  • @XennialGuy
    @XennialGuy9 ай бұрын

    Barbara honestly does not know what she's talking about. She's completely ignoring current and historical data. Affordability is simply not there, and builders are the ones that control the market, and they are getting strained right now and are running out of cash. Come back in a year and rewatch this. Her take will not age well.

  • @anthony-L.A.6946

    @anthony-L.A.6946

    9 ай бұрын

    40 years mortgage will be available and interest only mortgage only also.

  • @XennialGuy

    @XennialGuy

    9 ай бұрын

    @@anthony-L.A.6946 Yeah, let's fix a problem by making it worse 😕

  • @anthony-L.A.6946

    @anthony-L.A.6946

    9 ай бұрын

    @@XennialGuy i have seen two crash bros on KZread switching to buy mode.

  • @XennialGuy

    @XennialGuy

    9 ай бұрын

    @@anthony-L.A.6946 2006-2007 all over again. History just keeps repeating itself.

  • @jaybartgis5148

    @jaybartgis5148

    9 ай бұрын

    ​@XennialGuy if history "just keeps repeating itself", then please give one example of the housing market crashing in the past 80 years with the one time exception of 2008

  • @anthony-L.A.6946
    @anthony-L.A.69469 ай бұрын

    40 years mortgage will be available and interest only mortgage only also.

  • @hoomanbeing4918
    @hoomanbeing49188 ай бұрын

    She is an investor, has her life time experience in development, asset and portfolio management. She knows what she is talking about.

  • @William14094

    @William14094

    6 ай бұрын

    No, she's an idiot.

  • @omarthegreat4179
    @omarthegreat41799 ай бұрын

    Crazy low inventory and prices are still coming down in tx way over priced

  • @user-ob4em4ge6c
    @user-ob4em4ge6c9 ай бұрын

    Price declines are increasing rapidly in Florida, Massachusetts, California, and New York.

  • @danieldembny4875
    @danieldembny48752 ай бұрын

    You cannot talk about the housing market as a whole. It's city by city, state by state.

  • @robertbarrett7620
    @robertbarrett76209 ай бұрын

    Do not do ARM

  • @chrisd5383

    @chrisd5383

    9 ай бұрын

    Do you see above 8% rates? If not it may not be a bad idea, it could save you thousands in the next few years then you can refi.

  • @ZuluNation05
    @ZuluNation059 ай бұрын

    Get an ARM loan.....!?!?! Smh. Rates going back down to 4% lmao!! What ki d of world is she living in?

  • @Jake-pf4kv

    @Jake-pf4kv

    9 ай бұрын

    You cant refinance unless you have equity, I'm waiting for the recession to buy another home

  • @chrisd5383

    @chrisd5383

    9 ай бұрын

    @@Jake-pf4kvyou’ll need a very bad recession. When rates going down prices will go up, unless there’s a lot of job loss and foreclosures.

  • @Jake-pf4kv

    @Jake-pf4kv

    9 ай бұрын

    @@chrisd5383 mean reversion atleast. Need to account for the lag effect

  • @michaeljjan6344

    @michaeljjan6344

    6 ай бұрын

    But housing prices are going up and so are the rates. Well at least they are here in Alberta.

  • @Jake-pf4kv

    @Jake-pf4kv

    6 ай бұрын

    @@chrisd5383 unemployment is at the breaking point, but foreclosures take time. When has the federal reserve raised rates and there wasn't a recession?

  • @anthony-L.A.6946
    @anthony-L.A.69469 ай бұрын

    Good news homeowners. Warren Buffet placed an $800 million investment bet against a housing crash.

  • @ReeLSpirit

    @ReeLSpirit

    8 ай бұрын

    isnt that like a new percentage of his total cash? i think he has over a hundred billion in cash, so $800m is nothing

  • @anthony-L.A.6946

    @anthony-L.A.6946

    8 ай бұрын

    @@ReeLSpirit it’s a vote of confidence.

  • @ReeLSpirit

    @ReeLSpirit

    8 ай бұрын

    @@anthony-L.A.6946 he should put more than 30% if he’s really that confident

  • @anthony-L.A.6946

    @anthony-L.A.6946

    8 ай бұрын

    @@ReeLSpirit he should have rounded it to 1 billion. Give the housing market the respect it deserves.

  • @LadyofdaNO
    @LadyofdaNO9 ай бұрын

    🤔 I’m no expert, but I don’t believe a thing this lady is saying.

  • @sheles_wallace
    @sheles_wallace9 ай бұрын

    Barbara is awesome!

  • @brianoleson9224

    @brianoleson9224

    9 ай бұрын

    paid commenter

  • @Jake-pf4kv

    @Jake-pf4kv

    9 ай бұрын

    Bot for the elite!!

  • @tamimoncrief2264

    @tamimoncrief2264

    2 ай бұрын

    You are clueless if you believe a word she says

  • @willterry5839
    @willterry58399 ай бұрын

    The problem with the housing market being so strong is that home prices contribute to core inflation which could cause rates to stay high longer.

  • @brianoleson9224

    @brianoleson9224

    9 ай бұрын

    the housing market is not strong its actually in the 3rd worst position in 107 years 1926,2008 and now do some research theres alot of scewed data lies and truths out there

  • @Jake-pf4kv

    @Jake-pf4kv

    9 ай бұрын

    Homesellers know what they got😂

  • @whalerlife53
    @whalerlife539 ай бұрын

    She is full of crap. If housing goes up another 15% who’s gonna buy it. Housing is at an all time high for being unaffordable. No market goes up forever and no market goes down forever.

  • @RicardoGarcia-uw6cr

    @RicardoGarcia-uw6cr

    7 ай бұрын

    Couldn’t agree more! She’s either dumb or willfully deceiving people. The people who are buying homes are mostly not family or people , they are huge corporations and the elite like black rock and vanguard .. they are pricing out the middle class and average Americans .. just like they said they would do.. the World Economic Forum davos elite club said “you will own nothing and be happy.” Which implies they will own everything…

  • @tamimoncrief2264
    @tamimoncrief22642 ай бұрын

    She is clueless! What a load of BS.

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