Mortgage Rates Falling along with Home Prices

Mortgage rates are falling, but it may not be a good reason behind the drop. In this session, we will talk about 6 things you should know about the housing market for July 2022. We will talk about the Mortgage Rates and we will talk a little bit about the current housing market in the United States. 

We'll dive into two articles really quickly and get you the information you need so you know what's happening for the day when it comes to housing in the United States. 

Forbes Magazine showing that Black Knight Data on Market Stats and how the housing market won't be crashing: https://www.forbes.com/advisor/mortgages/mortgage-rates-drop-july-7/

Market Watch Article on 6 Things You Should know about the market, I don't agree with all of these things, but here's the article: https://www.marketwatch.com/picks/im-the-director-of-forecasting-for-the-national-association-of-realtors-here-are-6-things-you-should-know-about-the-housing-market-now-01656706585

Wall Street Journal Article on Interest Rates Dropping and why they are dropping. Mortgage Rates are tied to the 10 Year Treasury Yield and if a recession hits interest rates will probably drop for mortgages: https://www.wsj.com/articles/mortgage-rates-fall-to-5-30-reflecting-recession-fears-11657202418

#2022Recession #economy #HousingCrash #Housingbubble #Crash #TristanAhumada #RealEstate #Coach