Are mortgage interest rates at an all time high?
In this video, I talk about mortgage rates, and how they affect the real estate housing marketing and your ability to afford a new home. For those people out there who are considering buying a new home and are confused about what is happening with interest rates, or are interested in investing in real estate but will borrow money to make the investment, this video is for you. The real estate market is always changing, so whether you are a first time buyer or an experienced investor, knowing what rates are and why fluctuations happen can be an important tool in your financial toolbox.
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Chapters
0:00 INTRO
0:10 ARE RATES AT RECORD HIGHS
0:45 MORTGAGE RATES OVER THE YEARS
2:29 RECENT MORTGAGE RATE HISTORY
5:11 THE COVID PANDEMIC EFFECT ON RATES
7:12 SHOULD YOU WAIT TO BUY A HOUSE
8:42 EXAMPLES OF RATES, PAYMENTS & INTEREST
13:28 WHY I MADE THIS VIDEO - PLEASE SUBSCRIBE
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