Grab The Personalized Guide to Picking a Mortgage:
https://www.biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none
Mortgage rates are hovering around the highest they’ve been in almost two decades. And most homebuyers are asking the question, “Why are mortgage rates SO high right now?” If you want the answer, you’ll need to understand how the Fed, bonds, and banks all interact to decide today’s mortgage rates. And, if you know how mortgage rates work, you’ll also know how to get a lower mortgage rate on your next home purchase.
Dave Meyer, VP of Market Intelligence at BiggerPockets, is back to break down mortgage rates for those of us who don’t have economics degrees. Simply put, the Fed controls the federal funds rate, which influences the bond market, and the bond market influences how much banks charge you in interest. Already lost? Don’t worry; Dave’s got the whiteboard out to walk you through every step of mortgage rates explained. He’ll also show you EXACTLY what you have to do to get a lower interest rate on your next mortgage.
Need more mortgage info? Sign up for BiggerPockets Pro to catch Dave’s in-depth market intelligence workshop on financing and funding your next property in today’s high-interest environment: https://www.biggerpockets.com/membership-types?utm_source=owned_media
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Grab The Personalized Guide to Picking a Mortgage:
https://www.biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none
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The Math Behind Mortgage Rates and Why They’re Staying Put:
https://www.biggerpockets.com/blog/on-the-market-151?utm_source=youtube&utm_medium=description&utm_campaign=none
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Check Out More Episodes of “The Data Show”:
https://youtube.com/playlist?list=PLgSUZKLPRI9vHmKt2TaUkBMBxW_3QHCPh&si=cY6GmWluKUUC2-Ex
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Hear Dave on The “On the Market” Podcast:
https://link.chtbl.com/OTM
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Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Connect with Dave:
BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/