The FED Just FLIPPED Mortgage Rates AGAIN!

Jeb Smith
Jeb Smith
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Published 2024-04-18
Mortgage Interest Rates CLIMB as The FED noted that RECENT DATA SHOWS LACK OF FURTHER PROGRESS ON INFLATION THIS YEAR. Specifically, he said "it's likely to take longer than expected" to achieve inflation goals which likely means higher mortgae rates for longer. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you understand how that affects you as a buyer or seller in the 2024 housing market.

⏩Higher Inflation Will Lead To Higher Mortgage Rates - youtube.com/live/EXwvxoxTta4
⏩Housing Affordability Is Getting WORSE - youtube.com/live/JW6CiiB-248
⏩ Don't WAIT | The COSTS To Buy A Home Is Going Up - youtube.com/live/jofZBwhHZZg

Tonight's Slides - Posted inside of our community mentioned below.

HOME BUYER RESOURCES:

🏠 - First Time Home Buyer Course - bit.ly/4clhsse

✅ - Work Directly with My Team (Mortgage and Real Estate Nationwide) - www.jebsmith.net/referral

🆘 - Join Our First Time Home Buyer Community - bit.ly/3TVHGKs

📧- Sign Up For My Free Newsletter - bit.ly/48LJJp3

🎙- The Educated Home Buyer Podcast - @theeducatedhomebuyer
Spotify - open.spotify.com/show/3Ho4sTORqrLYlkBwWUkSBA
Apple - podcasts.apple.com/us/podcast/the-educated-homebuy…
YouTube - youtube.com/@theeducatedhomebuyer

Want to Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ www.instagram.com/jebsmith
➡T I K T O K ➳ www.tiktok.com/mrjebsmith
➡Local Youtube Channel ➳ youtube.com/@livinginhuntingtonbeachca
All Comments (15)
  • @prayonkreutz2398
    They are Still listing houses too High. Buyers can't afford the inflated Housing Prices with High interest rates, High HOI & High Property Taxes & High Maintenance Costs!
  • @mikefeir
    Don’t expect any rate cuts all year. Inflation is still 50% above the Fed’s target inflation and remains persistent all year. Unemployment is still good. There’s no reason for Fed to do rate cuts.
  • @andream6532
    Do you think or know if builders will maintain some of there new build promotional rates and incentives throughout the rest of the year ?
  • @kevingomes8416
    Appreciate you guys got a couple of my questions answered
  • @janefair7028
    Would be surprised if rates are cut this year. Have been saying this since January. But a lot of people didn’t want to hear it.
  • @icebrakes1
    I'm just trying to downsize been looking for a few months and losing every offer to 20k over asking. houses here in oklahoma sold in a few days with around 20 offers a house its crazy here.
  • @Chijyd
    Feds need to raise interest rates by 3%. Keep everyone from moving to Texas
  • @jayg5433
    No rate cuts is better its what the economy needs , and they have said thats possible, the manipulation of the numbers is not fooling anyone thats why the central banks are bidding gold up and dumping dollars , that tells you inflation is going no where mean while they just passed another 2 trillion in spending, meaning the pol That caused inflation have not stop spending , not even slowed WE ARE FUKED AND YOU GUYS AINT FOOLING ANYONE
  • @rvandoom
    People need to quit watching and waiting if rates go down and purchase their homes ! When rates go down home prices will go up!! Through the roof !!! And bidding wars will be on!!
  • @peterbedford2610
    Real estate transactions are going to make record lows this year
  • @chrisginoc
    No rate cuts until 2025 when inflation subsides
  • @9988amrit
    Told you prices would fall and rates would go up. Take notes @jeb