4.4 • 1.1K Ratings
🗓️ 5 February 2024
⏱️ 20 minutes
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0:00.0 | Are we about to see interest rates dropping once again? That is the big question on all of our minds. What is the Fed going to do? |
0:12.6 | Welcome into the Investing in Real Estate Show. |
0:14.8 | On this channel, we aim to make you a more intelligent real estate investor. |
0:18.4 | We believe in buying actual performing assets that will produce monthly cash flow. |
0:23.0 | That is our focus. |
0:24.0 | And of course, over the past year to two years, |
0:26.3 | we've been dealing with much higher interest rates. |
0:28.5 | That certainly put a halt on a lot of the home buying |
0:32.0 | it's been going on out in the market. |
0:34.2 | Not for me as a real estate investor, but for actual homebuyers are going to live in the property, |
0:38.9 | primary residence that's certainly put a damper on things. |
0:41.8 | So people have been holding back, waiting, waiting, |
0:44.5 | for interest rates to come back down a little bit. |
0:47.4 | I was reading a book the other day, just about the late 70s, early 80s, and the interest |
0:51.4 | rate prices, I mean, mean you know upwards of 21 |
0:53.6 | 22 percent just think about that for a minute to get a 30 year fixed rate |
0:58.0 | mortgage the 22 percent interest so that's what you were in the late 70s and early 1980s. |
1:04.0 | Right now, I believe we're in like a healthy period because obviously these interest rates were |
1:09.1 | kept artificially low by the Federal Reserve and where are we going to get to? |
1:13.4 | What is the sort of the status quo going to be for the next few years? |
1:16.9 | Is it going to be down in the 3% range? |
1:18.9 | Probably never again. |
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