Will We Ever See 3% Mortgage Rates Again?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 24 April 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	The episode is sponsored by Smart Vester.
0:07.0	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:14.6	wealth, and outrageous generosity.
0:17.8	Today's question comes from Mark and Wisconsin.
0:20.9	In the current economy, what is a reasonable expectation as far as where home loan rates
0:25.6	will end up by the end of the year?
0:27.6	Is the 3% rate possible again?
0:30.0	Or do you think it'll stay where it's at?
0:32.5	And looking at my numbers, it's depressing.
0:34.2	How much my mortgage payment would be after putting a lot of money down?
0:39.1	So I'm hoping for some light at the end of the tunnel.
0:42.1	Oh, man.
0:43.1	I was listening to a thing, I think it was like YouTube finance or something today.
0:49.1	And they're thinking they're going to raise the federal raise again in May and June.
0:54.7	So that's the thing, Mark.
0:55.7	I don't know.
0:56.7	We don't have a crystal ball.
0:57.7	We have no idea.
0:58.7	Is 3% rate possible by the end of the year?
1:01.9	No.
1:02.9	Probably not.
1:03.9	No.
	...

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