Mortgage rates have not just risen; they've exploded, toppling 7.5% for the first time since the tumultuous year of 2000, and average US mortgage payments have followed suit, skyrocketing a horrifying 46% in a single year. Home loan applications have plummeted to the lowest depths since the 1990s, reflecting a mortgage demand at its feeblest since 1996 amidst an ‘inventory crisis’. Is housing, now the largest expenditure for 33% of households, on the brink of becoming an unattainable dream for many? In this live episode, we are going to discuss the latest from the Federal Reserve, the latest employment and economic data while helping you understand how that affects you as a buyer or seller in the 2023 housing market.

⏩The Mortgage Meltdown: A Tipping Point in 2023's Housing Market? - https://youtube.com/live/swP-Vk4bZT0
⏩Rising Mortgage Rates Are SHIFTING The Housing Market AGAIN- https://youtube.com/live/ds9Vv911aEk
⏩Buckle Up | The FED Is IGNORING The Obvious- https://youtube.com/live/VX8_TWfljio

Tonight's Slides - https://docs.google.com/presentation/d/1-OhGWLcLHSHOgVp6yruOoDtKyZ97lJpMeNXbC3nB_90/edit?usp=sharing

HOME BUYER RESOURCES:

🏠 - First Time Home Buyer Course - http://www.becominghomewise.com

✅ - Get a Referral to a Mortgage Lender or Realtor - http://www.jebsmith.net/referral

📧- Sign Up For My Free Newsletter - https://www.jebsmith.net/sign-up-for-my-newsletter

🎙- The Educated Home Buyer Podcast - @theeducatedhomebuyer
Spotify - https://open.spotify.com/show/3Ho4sTORqrLYlkBwWUkSBA
Apple - https://podcasts.apple.com/us/podcast/the-educated-homebuyer/id1611226020
YouTube - http://www.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 ➳ https://www.instagram.com/jebsmith
➡T I K T O K ➳ https://www.tiktok.com/mrjebsmith
➡Local Youtube Channel ➳ https://www.youtube.com/@livinginhuntingtonbeachca