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Real Estate Rockstars Podcast

SOTM 77: 30-Year Mortgage Rates May Rise Next Week – NerdWallet’s Holden Lewis

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 10 June 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

NerdWallet’s Holden Lewis has reported on mortgages since 2001, and he called the last housing bubble years before it burst. Today, he joins us to share his real estate predictions for 2021. One of these predictions is that 30-year mortgage rates will rise, possibly as early as next week. Hear how high mortgage rates could climb by 2022 and what you need to be telling buyer clients right now. Plus, Holden shares why a housing crash is unlikely, when home builders could come back in a big way, and more. Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

And so next week I think you're going to see kind of a formal statement from them saying

0:08.5

we haven't developed a timetable but we're going to have to start talking

0:12.1

about a timetable.

0:14.1

And just those words coming from the Fed are going to cause mortgage rates to rise.

0:20.6

I think we're going to start seeing that next week.

0:23.4

So the question is this, how do most agents find the secrets to succeed in

0:31.9

today's competitive real estate market, especially when the top Most agents find the

0:34.0

especially when the top agents are keeping those secrets themselves.

0:37.6

That's the question and this podcast will give you the answer.

0:41.1

Hi, I'm Aaron and Mujestastake and welcome to real estate expert with

1:03.1

Nerd Wallet. He's been on all sorts of you know podcasts lately, you know,

1:06.6

YouTube videos, you know writing and publishing different news what's going on. We're

1:09.7

going to talk a lot about interest rates today, the future of the market, you know, is the housing market going to crash soon, how that might work out. Holden, thanks for joining us.

1:18.0

Hey, thanks for being on. Let me be on here. Yeah, so where are you calling in from? Where are you where you at? I live in

1:24.8

Jupiter Florida. Jupiter Florida. It's about 80 miles north of Miami. It's near West Palm Beach.

1:31.8

All right. So the is right now the good weather time of year or is it starting to get too hot?

1:37.0

I mean, mostly most of the time everyone was there in Florida, right?

1:40.0

The furnace is on, man.

1:42.0

It, you know, I mean it was nice and cool until about two weeks ago and then boom, you know, you go out there like I'll go out for a run or a walk at six o'clock in the morning and like a couple of days ago it was 81 degrees at 6 a.m. and 81%

1:59.1

humidity which is just brutal you, you're not really running.

2:04.0

As soon as the sun comes up, yeah, so now all the Disney world and

2:08.8

Universal, they're all opening up at full capacity now more people are wanting to get

...

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