MY FAVORITE TOOLS & RESOURCES 🏫 WBFU - My Private Community - lp.whiteboardfinance.com/ 🏠 Get My Home Affordability Spreadsheet - whiteboardfinance.com/go/ytmember ₿ $5 FREE Bitcoin (River): river.com/whiteboardfinance 🔒 Ledger - Store Your Bitcoin The Right Way - whiteboardfinance.com/go/ledger 💰 My FREE Stock Market For Beginners Course - whiteboardfinance.com/go/stocksguide
No matter how you cut it, owning only really makes financial sense if you hold for 10 years or more vs. investing the difference in the S&P500. Houses appreciate less than the S&P500 historically grows, and your savings happens when owning costs are lower than equivalent rent. This typically only happens after a longer period of inflation drives rents up while your home mortgage/tax/insurance/maintenance cost remain comparatively stable. Property for investments are a different story, but require more work making the trade off with just investing into an S&P500 fund a good one to consider.
@@WhiteBoardFinance Same here, this one did get recommended, but algo went from showing you every time you uploaded in my feed, to never. Just like the others said.
This video reminded me of that one time that I got an onion ring inside of my french fries order. I was so happy so joyful. I am still remembering it to this day.
@13:20 Housing is ridiculous. Those pulling the levers of our economy can't seem to fix it. The problem was created by an extreme overreaction 5 years ago. Though Powell has mentioned housing as a target of Fed action, nothing they've done so far has made a dent in affordability.
@@abirakbar9809 You just call a bank and say you have a paid off home and that you would like to take out a mortgage on it. It's that simple. No different than if you applied for a mortgage on a house you want to buy.
$/sqft is getting ridiculous here in nj. it's super common to see "starter homes" with over $300/sqft. the higher in purchase price you go the lower $/sqft gets, which just rewards people for having more money
The other huge factor is the Fed's Quantitative tightening (QT) reducing the balance sheet by $60B monthly. The fed absolutely needed to reduce its balance sheet post covid but less buying of long term bonds means higher yields for long term bonds. As you pointed out the mortgage rates are thus higher because they are based on a spread from the 10 year. With limited rate cuts priced in near term mortgage are likely to stay flat or even increase slightly.
Marko, been with you since the beginning! We're in Florida and we just got prequalified, for a $530,000 house with a 5% conventional loan @ 7% interest I think they quoted us almost $4,600 per month. Just scary because that doesn't even include maintenance or lawn care or HOA. Thanks for the great video, I think we'll be holding off for now on buying.
People will have to accept ''reality'' that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.
IMO, advisors are the ideal reps for investing jobs, and at first hand experience, I’ve maintained a balanced growth portfolio, since the covid crash of 2020 to date. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
@@andykuzman thats major! mind if I look up the professional guiding you please? I've worked in real estate for over 10 years and neglected a major stock portfolio, however I need a different plan now
I've stuck with ''Karen Lynne Chess'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
I plan on buying a house this year finally but this sucks to see. It is what it is, and life is too short to time everything perfectly. Thankfully I make a good salary and have excellent credit. Thanks for the video.
I just closed on a house last month. I wish I could've bought one 6 years ago but my credit was shit and didn't want to go on a bidding war during the height of covid. Take your time and get caught up in the moment.
My mother in law was trying to tell my wife and I that 6.5% was a good rate because when she bought her house, interest rates were 14% … and I pointed out that median income back then was about 30k and median house house was 100K I wanna say, when we bought our home, median income was 50k and median house price was close to 400k … don’t come at me with your 90s mortgage rates lol. Great video Marko. Thanks for posting.
Wow I haven’t seen one of your videos pop up on my recommended in over a year and I’m subscribed! As a gen Z it’s disappointing to see that owning a home isn’t going to be getting any easier :/
Great information here brotha! I’m getting into a mortgage in about 6 months so I’m keeping a close eye! Was really hoping they were lower by now though.
Higher rate will keep more on the sidelines, so less competition for you when buying. You can refi later, but what you pay for the house will never change. You make your first money on the "buy". Good luck!
If Mortgages Rates Are Going Up FOREVER, then home owners need to be prepared for lower appraisals, forever. Prices are set at the margin and if the marginal buyers can't afford your house, then prices will drop until it finds liquidity. Overall, I think mortgage rates will eventually come back down to ~5%... I don't know when... Also, a lower loan-to-value does not prevent a housing crash. In fact, a lower LTV would soften the pain of a housing crash because less people would be under water. Furthermore, a low LTV could cause lower prices as the home owners have more equity in the house thus a lower sell price of say 15% is more accommodating. The low LTV is mostly because housing sky rocketed in 2020 (note dip in chart) and of course home owners just paying it off.
A lot of house buyers are shopping around in neighborhoods with good school districts especially older millennials are starting to have kids it’s established careers. Prices will not come down because they have money. You’re not going to see a housing crash in desirable regions because the people buying these houses have some sort of wealth. Your typical American who works at retail are not the ones buying because they’ve been shut out The liquidity drain is really in the money markets where money will start flowing into commodities , Btc, crypto , AI ventures, and the likes . Housing prices will continue to crash up either way
Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.
IMO, advisors are the ideal reps for investing jobs, and at first hand experience, I’ve maintained a balanced growth portfolio, since the covid crash of 2020 to date. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
I've stuck with ''Annette Marie Holt'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
thanks for sharing, I must say she appears to be quite knowledgeable.. just inputted her full name on the web and at once came across her consulting page.
Rates have been going down for centuries literally 100s of years. The trend is to zero over time. The only thing preventing that is the fear of hyper inflation on the way to zero and beyond to negative rates
This is why you shouldn’t take your realtor’s market advice. “Marry the house, date the rate” is going to burn a lot of buyers from the last 18 months. “This is the new normal.” “Prices are still going up from here, but rates will come down.” “This property won’t last long at this price!” “I don’t think that offer will get the deal done.” I was a realtor in the early 90’s. I was not required to possess any knowledge of economics or how markets function. When your paycheck is at stake, you pull out your most effective words, and hit them with the almighty FOMO. It’s those buyers who will see a crash when everyone else sees a correction. Who’s to blame, realtors or naive buyers? Probably both, but only one will pay the piper.
You are probably thinking about subject to. That can be risky. I would never do that. You can use funds from your retirement for a down payment and that's considered creative financing technically. There are different ways to buy a house rather than traditionally saving for a down payment.
I was shocked that public is the sponsor today.I thought it was policy genius. Palsy genius makes it so that I can sleep safe at night.Just like what Marco says?Knowing that we have a policy and it was written by a genius.
I think both the price per square foot and houses being bigger has contributed to housing becoming unaffordable. Here in northern VA they aren't building anything but large townhouses or mcmansions. Gone are the 1500-2000 sq ft new builds.
I'm in this age group. Keep renting and saving and investing. Consider a higher down payment like 30% or more to lower the monthly payment of a mortgage to be manageable. Also, consider moving to a lower cost of living area like the south or midwest. You could get roommates to offset the cost of a mortgage, but I'm personally not a fan of roommates. I prefer my privacy. Don't be afraid to change jobs every two to three years. I've no joke gotten 30% to 60% pay increases just switching jobs. Lastly and most importantly, always buy within your means. House poor is never good.
Renting in most places is cheaper than buying. Ex: median home value might be $500k in your market which puts your mortgage payment over $3k with 5% down. But renting a house of similar size might be $2200-$2800. Rent, stack cash, and when you have your finances in a place where you’re okay paying more and parting with the large down payment, buy!
The reason is the bond market is pricing in the expected higher rates and inflation under Trump. Given that Trump has been pushing for tarrifs and has threatened to not reappoint Powell if Powell doesn't keep cutting rates (which will fuel inflation), it doesn't seem out of the question.
Grateful I bought in 2018 😅. I hope there’s opportunities in the future for average Joe to own home without having to do multi generations in the home or a complex creative finance strategy
Listening to you sounds like me trying to explain this to old heads that swear they had it harder. They didn’t have it harder because it was harder.. they had it harder because they are dumb with money. 😂
I’m not sure I understand how the 10 year rates are decided. Could you explain? I don’t get why they are higher even if the fed cuts rates. Who control the 10 year rate?
The median sf of a house in 2025 is 2200. In 1960 it was 1200. If people bought 1200 sf houses instead of 2200 sf houses, maybe they’d be able to afford a house
why should we be afraid of inflation again? its been below 2 % for over a year. The only thing keeping the average inflation number over 2% is shelter from high interests and transportation services(car insurance lol)
My previous videos were correct in saying that there will be a 10-15% in hot metros (austin, the coasts, etc.) Housing prices typically follow M2 money supply. Hint: They'll keep going up on average to at least follow inflation.
Hey Marko. Great video. Can you do a video on the best BTC platforms. I tried getting an account with River and they denied me. When I contacted them, they replied that they don’t give reasons and that’s just what it is. Didn’t make sense.
I’ve decided to just go for it and buy a house. I’ve waited too long for rates to go down. I’ll look like Gandalf when that happens. I have an excellent job and over 800 credit score.
I still think that debt-to-income ratio is too high for there not to be some sort of correction. You just can't borrow money forever and delay paying it off. Also Trump is looking to get rid of a lot of federal gov't agencies and the jobs that come with it. And he will be pushing the Fed to lower mortgage rates. My guess is that there will be a little of both going on...lowering of prices and the rates
@@WhiteBoardFinanceI think you broke it down really well! I typed that when I just started up the video. I said it in jest/half joking because it's literally the first thing everyone will say when answering this question 😂
Hey! It’s definitely a wild ride with mortgage rates right now! 🚀 It’s interesting to see how The Fed’s moves are impacting everything. Let’s see how it unfolds!
🕊️🙌🏼I was homeless, did drugs, went into prison, where I got to know God. He changed my life. Now I have a home, a wife and a lovely daughter (Jessica), and a stream of income that gets me $44,000 weekly. Plus a new identity a child of God. Hallelujah!!!🇺🇸❤️❤️❤️
this was mentioned in the video as I knew someone would make this comment. Look at median household income to median home price. I'd rather have 10% rates on a house that costs 70% less
MY FAVORITE TOOLS & RESOURCES
🏫 WBFU - My Private Community - lp.whiteboardfinance.com/
🏠 Get My Home Affordability Spreadsheet - whiteboardfinance.com/go/ytmember
₿ $5 FREE Bitcoin (River): river.com/whiteboardfinance
🔒 Ledger - Store Your Bitcoin The Right Way - whiteboardfinance.com/go/ledger
💰 My FREE Stock Market For Beginners Course - whiteboardfinance.com/go/stocksguide
Renting vs buying. Let's see that video!
This please
Whatever you can afford
@@ApexOneTech yes
No matter how you cut it, owning only really makes financial sense if you hold for 10 years or more vs. investing the difference in the S&P500.
Houses appreciate less than the S&P500 historically grows, and your savings happens when owning costs are lower than equivalent rent. This typically only happens after a longer period of inflation drives rents up while your home mortgage/tax/insurance/maintenance cost remain comparatively stable.
Property for investments are a different story, but require more work making the trade off with just investing into an S&P500 fund a good one to consider.
Having no HOA and being able to have my dog is priceless
Bro I havent seen homie in my recommended for almost a year. Commenting for engagement
Same!
the algo hates me my brother lol. did this video get recommended to you?
@ yes. I depend heavily on the recommend page. At time I have to search for your channel. Try mentioning trump randomly to please the algo gods
@@WhiteBoardFinance Same! I've missed you bro!
@@WhiteBoardFinance Same here, this one did get recommended, but algo went from showing you every time you uploaded in my feed, to never. Just like the others said.
1:00 Mortgage rates don't follow the fed funds rate
4:00 Resurgance of inflation
8:10 How mortgage rates go down
10:30 LTV suggests no upcoming crash
Fantastic work.
I got in in 2017 with 2.8%, and apparently, my house is worth twice what I paid for it. For the first time, I feel lucky. Great video, buddy.
Boosting the algorithm from the Netherlands!
Keep going strong 💪🏻
Can’t believe I didn’t capitalize on the market in 2012. I should have been purchasing real estate instead of going to history class.
It used to be said that a boat is a hole in the water that you pour money into. Now it's called a house.
BOAT = Bust out another thousand
Wouldn’t it be wild if eventually buying a boat and living in it would actually be less expensive than a traditional home?
@@BrewReview Holland
Pls do not put your house in water.
Unless you’re in NC, in which case it’s too late.
Sorry.
A very useful video with supporting data.
This video reminded me of that one time that I got an onion ring inside of my french fries order. I was so happy so joyful. I am still remembering it to this day.
LOL!
It's the small things in life that bring you joy. Like my little guy.
"No dummy" haha 🤣🤣 but you right homie
@13:20 Housing is ridiculous. Those pulling the levers of our economy can't seem to fix it. The problem was created by an extreme overreaction 5 years ago. Though Powell has mentioned housing as a target of Fed action, nothing they've done so far has made a dent in affordability.
@@gormanthomas8135 this!
I plan to buy cash and if rates ever get to 4% or lower, I plan on taking out a mortgage on it.
How do you do that.
@@abirakbar9809 You just call a bank and say you have a paid off home and that you would like to take out a mortgage on it. It's that simple. No different than if you applied for a mortgage on a house you want to buy.
$/sqft is getting ridiculous here in nj. it's super common to see "starter homes" with over $300/sqft. the higher in purchase price you go the lower $/sqft gets, which just rewards people for having more money
In Hoboken it's 700+!
@@Dorrrr1111 omg
Nantucket, MA $1200-1400 sq/ft
@ holy
The other huge factor is the Fed's Quantitative tightening (QT) reducing the balance sheet by $60B monthly. The fed absolutely needed to reduce its balance sheet post covid but less buying of long term bonds means higher yields for long term bonds. As you pointed out the mortgage rates are thus higher because they are based on a spread from the 10 year. With limited rate cuts priced in near term mortgage are likely to stay flat or even increase slightly.
Marko, been with you since the beginning! We're in Florida and we just got prequalified, for a $530,000 house with a 5% conventional loan @ 7% interest I think they quoted us almost $4,600 per month. Just scary because that doesn't even include maintenance or lawn care or HOA. Thanks for the great video, I think we'll be holding off for now on buying.
What about insurance? I heard that's the biggest issue in Florida.
People will have to accept ''reality'' that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.
U.S stocks have historically been the best investment, however home prices will need to fall at least 40% before the market normalizes
I like both, but most of the millionaires I know gained wealth through diversified investments and they all had a sort of expert guidance
IMO, advisors are the ideal reps for investing jobs, and at first hand experience, I’ve maintained a balanced growth portfolio, since the covid crash of 2020 to date. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
@@andykuzman thats major! mind if I look up the professional guiding you please? I've worked in real estate for over 10 years and neglected a major stock portfolio, however I need a different plan now
I've stuck with ''Karen Lynne Chess'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
I plan on buying a house this year finally but this sucks to see. It is what it is, and life is too short to time everything perfectly. Thankfully I make a good salary and have excellent credit. Thanks for the video.
It's better to be IN the market, then TIME the market. Good luck.
I just closed on a house last month. I wish I could've bought one 6 years ago but my credit was shit and didn't want to go on a bidding war during the height of covid. Take your time and get caught up in the moment.
Exactly why I bought, in 15-20 years my house will be worth more than it is now. Houses will never be as cheap as they were in 2020
My mother in law was trying to tell my wife and I that 6.5% was a good rate because when she bought her house, interest rates were 14% … and I pointed out that median income back then was about 30k and median house house was 100K I wanna say, when we bought our home, median income was 50k and median house price was close to 400k … don’t come at me with your 90s mortgage rates lol. Great video Marko. Thanks for posting.
Wow I haven’t seen one of your videos pop up on my recommended in over a year and I’m subscribed!
As a gen Z it’s disappointing to see that owning a home isn’t going to be getting any easier :/
Yeah the algorithm hates my channel. Please share
I needed this video today. Solidifies what I’ve already known as I’ve just been ‘embracing the suck’ until ownership becomes more affordable one day.
Great information here brotha! I’m getting into a mortgage in about 6 months so I’m keeping a close eye! Was really hoping they were lower by now though.
Thanks for watching!
Higher rate will keep more on the sidelines, so less competition for you when buying. You can refi later, but what you pay for the house will never change. You make your first money on the "buy". Good luck!
This exactly why "no one wants to work ant more"
Hi Marko. You should make the video you mentioned about renting vs buying. Thanks
I will!
Throwing my vote in for a rent vs buy video.
MARKO I NEED YOUR WILD GUESS ON THE FOLLOWING:
When will mortgage rates go down? How low?
When will be the top of BTC? How high?
Thanks 🐐
The first question is answered in the video. The 2nd question is most likely Q3/4 of this year!
Thank you, Marko! ✌️
⭐️⭐️⭐️⭐️⭐️
If Mortgages Rates Are Going Up FOREVER, then home owners need to be prepared for lower appraisals, forever. Prices are set at the margin and if the marginal buyers can't afford your house, then prices will drop until it finds liquidity. Overall, I think mortgage rates will eventually come back down to ~5%... I don't know when...
Also, a lower loan-to-value does not prevent a housing crash. In fact, a lower LTV would soften the pain of a housing crash because less people would be under water.
Furthermore, a low LTV could cause lower prices as the home owners have more equity in the house thus a lower sell price of say 15% is more accommodating.
The low LTV is mostly because housing sky rocketed in 2020 (note dip in chart) and of course home owners just paying it off.
A lot of house buyers are shopping around in neighborhoods with good school districts especially older millennials are starting to have kids it’s established careers. Prices will not come down because they have money. You’re not going to see a housing crash in desirable regions because the people buying these houses have some sort of wealth. Your typical American who works at retail are not the ones buying because they’ve been shut out
The liquidity drain is really in the money markets where money will start flowing into commodities , Btc, crypto , AI ventures, and the likes .
Housing prices will continue to crash up either way
As someone that just bought a house, I wouldn't mind if values go down. Less taxes and i don't plan on selling ever.
couldn't agree more! i might have to copy pasta that last clip and send it to everyone who doesn't understand (a lot)
Something is brewing in Ohio. I'm getting calls, not spam for wedge deals, about investors wanting to buy my Fourplex in Toledo.
Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.
ideally, you should consider financial planning to get the best results with your money, notwithstanding economy situation
IMO, advisors are the ideal reps for investing jobs, and at first hand experience, I’ve maintained a balanced growth portfolio, since the covid crash of 2020 to date. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
Could you kindly elaborate on the advisor's background and qualifications?
I've stuck with ''Annette Marie Holt'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
thanks for sharing, I must say she appears to be quite knowledgeable.. just inputted her full name on the web and at once came across her consulting page.
When is River gonna sponsor you? They already owe you for a referral (me). Either way, I'm glad to get a break from the Policy Genius ads ;)
And here I a with my 2.2% interest rate in Ireland till end of 2027. What a time to be alive.
2019, secured my 15-year at 1.89%, no PMI, no points. It was genuinely painful to move into a larger home and get out of that mortgage.
Rates have been going down for centuries literally 100s of years. The trend is to zero over time. The only thing preventing that is the fear of hyper inflation on the way to zero and beyond to negative rates
Please do make that renting vs buying my good man.
This is why you shouldn’t take your realtor’s market advice. “Marry the house, date the rate” is going to burn a lot of buyers from the last 18 months. “This is the new normal.” “Prices are still going up from here, but rates will come down.” “This property won’t last long at this price!” “I don’t think that offer will get the deal done.” I was a realtor in the early 90’s. I was not required to possess any knowledge of economics or how markets function. When your paycheck is at stake, you pull out your most effective words, and hit them with the almighty FOMO. It’s those buyers who will see a crash when everyone else sees a correction. Who’s to blame, realtors or naive buyers? Probably both, but only one will pay the piper.
The incentives def aren’t aligned most of the time
I was shocked when heard something other than policy genius in adv section
Yes make a vid on rent vs buy
This is why creative financing for real estate is key!
Didn't they used to call that fraud?
You are probably thinking about subject to. That can be risky. I would never do that. You can use funds from your retirement for a down payment and that's considered creative financing technically. There are different ways to buy a house rather than traditionally saving for a down payment.
I was shocked that public is the sponsor today.I thought it was policy genius. Palsy genius makes it so that I can sleep safe at night.Just like what Marco says?Knowing that we have a policy and it was written by a genius.
We love our policy from Policygenius! Thanks for watching!
I was told Trump would cut my rate immediately and only he can fix it.
Please make the pros and cons renting vs buying due to the factors you spoke of in this video! Immediate click. Ill be the bait
Renting and will continue to rent. Never thought id say that.
You will own nothing and you will be happy. 🙄
Enjoy paying rent forever, which rises higher than tax or inflation
Im pickin up what youre saying and i agree.
I think both the price per square foot and houses being bigger has contributed to housing becoming unaffordable. Here in northern VA they aren't building anything but large townhouses or mcmansions. Gone are the 1500-2000 sq ft new builds.
So what do we do for people who in their late 20s and early 30s. Do we just rent?
Yes you guys just keep renting. I have plenty of units in the Midwest and will be picking up a few more this year.
@ wtf are you talking about lmao
@@Papiepi13 What don’t you understand? I’m saying younger people should keep renting. But of course I’m being facetious.
I'm in this age group. Keep renting and saving and investing. Consider a higher down payment like 30% or more to lower the monthly payment of a mortgage to be manageable. Also, consider moving to a lower cost of living area like the south or midwest. You could get roommates to offset the cost of a mortgage, but I'm personally not a fan of roommates. I prefer my privacy. Don't be afraid to change jobs every two to three years. I've no joke gotten 30% to 60% pay increases just switching jobs.
Lastly and most importantly, always buy within your means. House poor is never good.
Renting in most places is cheaper than buying. Ex: median home value might be $500k in your market which puts your mortgage payment over $3k with 5% down. But renting a house of similar size might be $2200-$2800.
Rent, stack cash, and when you have your finances in a place where you’re okay paying more and parting with the large down payment, buy!
Buying a house is cool, buying Bitcoin is better.
The reason is the bond market is pricing in the expected higher rates and inflation under Trump. Given that Trump has been pushing for tarrifs and has threatened to not reappoint Powell if Powell doesn't keep cutting rates (which will fuel inflation), it doesn't seem out of the question.
great vid!
Great video Marko
Grateful I bought in 2018 😅. I hope there’s opportunities in the future for average Joe to own home without having to do multi generations in the home or a complex creative finance strategy
Waiting on sideline to buy its ridiculous out there just stacking sats, stocks, and cash in the meantime while living in my families rental for cheap
Do you have issue with trading platforms not having 24 hour customer service like webull? I assume Public is the same from your promo
Algo - gr8 vid
They better not. I still need to refinance.
Good luck. Will be a while.
Turns out “you can always refinance” was another realtor lie
"Save in bitcoin"
Listening to you sounds like me trying to explain this to old heads that swear they had it harder. They didn’t have it harder because it was harder.. they had it harder because they are dumb with money. 😂
Apparently the fed hasn't heard of "underemployment".
I’m not sure I understand how the 10 year rates are decided. Could you explain?
I don’t get why they are higher even if the fed cuts rates. Who control the 10 year rate?
The market
I have the 20% ready but I’m unsure if should go for it!!!!!!!!!!!!
Girlfriend? Forget that! I'm staying with parents till I buy a house with cash.
Fml I'm trying to buy in the next 4 months or so😢
Good luck! Hopefully you can refinance to a lower rate in the future
The median sf of a house in 2025 is 2200. In 1960 it was 1200. If people bought 1200 sf houses instead of 2200 sf houses, maybe they’d be able to afford a house
Why do so many people focus on 30yr mortgage rates. We should be encouraging everyone to do 20yr instead. The banks have everyone by the balls.
why should we be afraid of inflation again? its been below 2 % for over a year. The only thing keeping the average inflation number over 2% is shelter from high interests and transportation services(car insurance lol)
Am ok with rates going up as long as house prices drops.
need to do remodel and home equity loan suck too 😢
ADX is on track to become a top-tier token. Grabbed my position while it’s still early!
I recently got my home October 2024..I bought down my rate to under 5%…that’s the best you’re gonna get nowadays.
I bought my first home in the mid 80s and interest rate was 8.5 and I was thrilled since just a few years earlier it was well over double digits
Excellent information for any individual interested in buying a home for the 1st time. Thank you very much!
My pleasure thanks for watching!
Marko, what's your prediction on housing prices for the next few years ?
My previous videos were correct in saying that there will be a 10-15% in hot metros (austin, the coasts, etc.) Housing prices typically follow M2 money supply. Hint: They'll keep going up on average to at least follow inflation.
@@WhiteBoardFinance I need some of that M2 money supply.
@@sent18inel me too
Check other countries, china’s home price to income is like 28 Russia is 14. We got a long ways to go. No reason it cannot go higher in the US.
Algorithm bump
Hey Marko. Great video.
Can you do a video on the best BTC platforms. I tried getting an account with River and they denied me. When I contacted them, they replied that they don’t give reasons and that’s just what it is. Didn’t make sense.
I’ve decided to just go for it and buy a house. I’ve waited too long for rates to go down. I’ll look like Gandalf when that happens. I have an excellent job and over 800 credit score.
Need to shrink money supply, maybe pay down some of the debt 😂
I still think that debt-to-income ratio is too high for there not to be some sort of correction. You just can't borrow money forever and delay paying it off. Also Trump is looking to get rid of a lot of federal gov't agencies and the jobs that come with it. And he will be pushing the Fed to lower mortgage rates. My guess is that there will be a little of both going on...lowering of prices and the rates
Mortgage rates don't follow fed rates 👍 video end.
Correct, but there's more to it than that to understand why
@@WhiteBoardFinanceI think you broke it down really well! I typed that when I just started up the video. I said it in jest/half joking because it's literally the first thing everyone will say when answering this question 😂
Hey! It’s definitely a wild ride with mortgage rates right now! 🚀 It’s interesting to see how The Fed’s moves are impacting everything. Let’s see how it unfolds!
Now that Trump is in, do you think the mortgage rates will go down?
Alot of bots in the comments and that thumbnail is for db's
what's wrong with the thumbnail?
Recession coming soon don’t worry people
🕊️🙌🏼I was homeless, did drugs, went into prison, where I got to know God. He changed my life. Now I have a home, a wife and a lovely daughter (Jessica), and a stream of income that gets me $44,000 weekly. Plus a new identity a child of God.
Hallelujah!!!🇺🇸❤️❤️❤️
Historically, current mortgage rates are definitely not high. Perhaps high compared to the previous 12 years when we had ZIRP.
this was mentioned in the video as I knew someone would make this comment. Look at median household income to median home price. I'd rather have 10% rates on a house that costs 70% less
More than just boomers deserve low rates.
You have certainly aged my friend
I have two kids
That is your best investment so far!❤@@WhiteBoardFinance
ua-cam.com/video/cklXqlo-NRA/v-deo.htmlsi=jwc27DSsAjjoLm92
FOREVER? Really? C'mon Marko, click bait titling...you're better than that...
Relax
Have you tried crying?
@@brandonjensen5292 I have. Very cleansing. Relax
Musta worked you clicked
@@mbrownie22 i clicked to make my statement. It's click bait, period.
Talked a lot, but didn't say much
Agreed
Thanks man
You're welcome!
housing gets cheaper on a bitcoin standard.. iykyk
Bought two rentals in 2012 and 2013. I contribute my success to hard work and some good luck.
Whales are accumulating ADX, and I’m glad I joined the presale before the big wave.
ADX tokens are flying under the radar for now, but that won’t last long. Secured my tokens today!