Mortgage Demand Drops As Mortgage Rates Rise More

(4/25/2024)

• 📉 Mortgage demand is dropping as mortgage rates rise, indicating a potential slowdown in the housing market.

• 📉 Mortgage demand drops as interest rates soar over 7%.

• 📉 "Anyone buying a house right now has no concept of where the Market's going, they are moving in fear."

• 🏠 Understanding real estate cycles can save tens of thousands of dollars and put money in your pocket.

• 📉 Purchase applications declined as home buyers delayed their purchase decisions due to strained affordability and low Supply.

• 🏠 The fear of missing out (FOMO) is driving people to buy real estate, creating an opportunity for those already in the market and those looking to invest.

Real Estate Is About To...

(4/25/2024)

• 📉 There is a misconception that there aren't enough houses, but the reality is different and can be debunked with data.

• 💰 The housing market is close to the same numbers as the 2007 crash and is expected to get much worse from here.

• 📈 The price of the cheapest homes keeps increasing, while the median and highest home prices are going down, which could change everything we think about the housing market.

• 🏠 The Ninja started selling their real estate portfolio in 2005, suggesting they may have anticipated the market downturn.

• 📈 Home prices rising along with interest rates and fuel prices skyrocketing across the country could indicate a potential real estate crisis on the horizon.

• 🏠 Existing home sales data peaked in 2006 and then fell off a cliff, showing a massive collapse in the market.

• 📉 Sales are lower just like in November 2008, so the question is are you getting ready for this collapse?

It Is Falling Apart...

(4/25/2024)

• 💰 Everything is falling in value to the US dollar, which is a strong teaching point in economics during stock market crashes.

• 🧠 Most people don't understand how crashes happen, they happen little by little and then all at once when it hits the media at a certain pitch and frequency.

• 📉 The real estate market is showing signs of a significant downturn, with homes nationally down between 8 and 10% in price.

• 🏭 The government's ambitious plans to bring manufacturing back from countries like Taiwan due to the fear of China's invasion could have significant economic and geopolitical implications.

• 💸 The Federal Reserve's goal of devaluing currency by 2% a year is slowly robbing and destroying people through the absence of purchasing power.

• 🌐 The first wave of a war is economic, and right now we are in a class war.

• 📉 We are in the greatest collapse since the crash of 29, and the economy is being propped up by this massive money printing.

• 💰 The first wave is a financial war and we're in it, so what side do you want to be on - the side that's making money or the side that's poor?

The Media Just Changed Their Interest Rate Position...

(4/25/2024)

• 📉 The media has changed its stance on interest rate hikes, suggesting that higher rates may not be so bad after all.

• 📈 "When rates start climbing higher, there has to be an adjustment."

• 📉 The impact of increasing debt costs on company profitability is a major concern in the current market.

• 📈 "There's some people in the know that understand when rates go higher things crash bigger and we want big crash Mondo crash."

• 💥 The rate lowering cycle will happen when everything goes bust and most of the country can't afford to take out a loan.

• 💰 Corporate officers will provide key details on the impact that interest rates are having on profit margins and consumer behavior.

• 📉 The Federal Reserve's actions will do nothing to mortgage rates or borrowing costs, as the 10-year is going to keep running up.