06-08-2020: With Mortgage Rates At Historic Lows, COVID-19 Has Made Homes Less Affordable
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 8 June 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
There’s never been a cheaper time to get a mortgage for most Americans, but why is finding a home that buyers can afford going to be more difficult?
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon fellow investors and welcome to Invest Talk. This is our Monday, June 8th, 2020 edition of Invest Talk and we are in the second trading week of June and summer is coming up. |
| 0:37.0 | I know here in Southern California. |
| 0:39.0 | It is getting a lot warmer. |
| 0:41.0 | I know that over the weekend I was at the beach yesterday and it was nice and it's even hotter today |
| 0:46.9 | so you know we're getting into the summer months and there's still a lot to hash out with the markets, with the economy, with COVID-19 crisis, |
| 0:57.0 | obviously the social unrest we're having here in the United States, but you cannot let it derail your goal of achieving |
| 1:05.8 | financial freedom. |
| 1:06.8 | That's why you are here. |
| 1:07.8 | And on today's program, I will do my best to provide you with unbiased answers to your finance and investing questions, just like |
| 1:14.9 | we do every day, every weekday anyway. |
| 1:17.6 | Obviously you want strategies to deal with this level of volatility, and I'm here and ready to take your calls. So our lines are open. |
| 1:27.7 | 889924 278 chart 88992428. That's how you get through and ask your question on today's show. |
| 1:35.4 | Now, I quickly wanted to do a follow-up for what kind of |
| 1:38.6 | I open on Thursday, where I talked about, |
| 1:41.6 | how I learned long ago early on in my career that |
| 1:45.9 | C. M. C. was not the place to find investments because it was biased because it just wanted to sell you. |
| 1:54.0 | It just wanted to give you stories that you like so you would watch and then they can sell ads, right? |
| 1:58.0 | And I applied that to the mainstream media. |
| 2:01.0 | I don't want to say mainstream media because I think the president |
... |
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