• When do you think Interest rates will really come down?

  • Aug 15 2024
  • Length: 5 mins
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When do you think Interest rates will really come down?

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  • Summary

  • The Government is printing 1 trillion every 100 days, we are over 35 trillion in debt today, and we are spending 1/3 of the debt is interest payments of total revenue coming in, next year it will have 1/2.
    so I feel the probability of rates coming down is great at some point down the road.
    You can see the 10-year has come down from 5% to 3.81%, which is significant and the market is telling you that something isn't right
    We have over 1.2 trillion in credit card debt, the time will come when refinancing will make sense, and downsizing or upsizing will make sense as well
    I think when this happens the refinances will be incredible and also more homes will be on the market with active buyers. Definitely will be a game-changer
    Refinancing and purchases are great now with the opportunity to refinance them down the road. I think prices will escalate again when this happens

    tune in and learn at https://www.ddamortgage.com/blog

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