• 258: What needs to happen for mortgage rates to come down?

  • Feb 5 2025
  • Durée: 25 min
  • Podcast

258: What needs to happen for mortgage rates to come down?

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  • Résumé

  • The entire real estate industry has been held hostage by 6-8% mortgage rates the past several years, and while many "experts" predicted they would be in the low 6s or high 5s by now, per Mortgage News Daily, they are currently sitting in the low 7s. Now we're getting headlines about Trump tariffs and their potential impact on the economy, and many are concerned that they will cause mortgage rates to go even higher. But is that a guarantee? And could they actually cause rates to go lower? Yes, but you sometimes need to be careful what you ask for...

    This episode is sponsored by Piper Insurance Group, who can help you with all your home, auto, and umbrella insurance needs. Contact them for a free quote at: ‪(864) 350-9329 / stephen@piperinsurancegroup.com / https://piperinsurancegroup.com

    As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.
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