SHOCKING Housing Market Solution| Housing Market Update
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Imagine taking your super low mortgage rate with you when buying a new house. Plus, a $10,000 tax credit for first-time buyers. Could these proposals solve the housing crisis?
Porting your mortgage could help current borrowers keep low rates, but first-time buyers might still struggle with high rates and prices.
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Caryn is so beautiful.
@CarynGardiner
2 ай бұрын
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Mortgage rate should be bellow 6 to have more inventory
When houses drop to 2015 price levels, then I might think about moving
UK and CA only do 5year fixed loans. So it doesn't matter if they take it with them. That would not happen in the 30yr fixed market of the USA
@CarynGardiner
Ай бұрын
Good to know!
It’s probably going to be more competitive when all the home owners with low rate mortgages start to shop for new homes. But they do release more inventory to the market too. Hopefully it is not as difficult to implement as 1031 exchange.
No, with these home prices from 90k to 335k or 250k to 600k even 3% interest is too high with these prices and garbage wages. Loans are a scam. 10k credit? 50k and we'll talk
So the best way to get out of a debt cycle that is crushing people is take on more debt?? Move to a more expensive house in order to help other people take on home debt?? What could go wrong 😂😂
No.gonit.you.crezy