⚡️Where are mortgage rates headed!?! ✨

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8 • 692 Ratings

🗓️ 29 June 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What is the impact of upcoming rate increases by the Fed on mortgage rates? Are we headed into another 2008 scenario? What is the equity trap and what will its effect be? Learn more about Alec and his company at this link: https://www.loandepot.com/loan-officers/ahansonCheck out Ken's Inner Circle where you can watch additional videos, webinars, and happy hour discussions and ask your questions to Ken. Follow this link: https://kensinnercircle.comCheck out Ken's YouTube Channel at his link: https://www.youtube.com/c/KenMcElroyOfficial• • •Be sure to click the bell to be notified as soon as the next video is posted!Visit Ken's Bookstore: https://kenmcelroy.com/books/•••ABOUT KEN:Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.Ken's company: https://mccompanies.com/• DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. © 2022 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #mortgagerates #realestateinvesting

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything real estate with the industry's biggest movers and shakers.
0:11.2	I'm your host, Ken McElroy, joined by my co-host, Daniel.
0:15.4	Let's get right into this episode.
0:18.0	Hey, everybody's Ken and Daniel.
0:19.5	Hello.
0:20.2	And I'm excited about this show with Alec Hanson.
0:22.6	So Alec has a company called Loan Depot.
0:25.2	And if you guys have not been reading the news, then you don't realize what's
0:29.9	happening with interest rates because, man, the Fed is killing real estate right now with
0:34.2	its increases and loan to values.
0:39.7	And I know personally, we're just getting hammered trying to find loans, get loans, the loan to values, the debt coverage
0:44.6	ratios and all that stuff. But you don't know what all that means. Stay tuned because
0:48.8	Alec has a company called the Loan Depot, the Loan Depot.com. Welcome, Alec. How are you?
0:55.3	I'm great, guys. Thanks, Ken. It's fun to have this conversation, although it's definitely a weird
0:58.9	time in our industry. So hopefully have a little levity and a little light, but it's tough out there
1:02.3	right now. Yeah, I'm kind of glad you're on now because, you know, if we would have had you on a or two it wouldn't have been as exciting but not at all be totally a different conversation so
1:11.7	different okay so different let's just start like um you know you know let's just go back a year
1:18.3	i think that's about all we need right like so because it was like i would say pretty calm going
1:24.5	you know obviously incredible for your industry both on originations and cash out refis so, you know, obviously incredible for your industry, both on originations and
1:28.6	cash out refis. So now, you know, what's happening since the last two, I guess, almost three
1:35.3	rate hikes now? And where do you see the interest rates going? And are you seeing real
1:40.5	estate slow down? Well, it's really shocked the market. You know, I think our internal
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.