Rates Are Up 📈📈📈 Look Out BELOW 📉📉📉 (Mindset)

It finally happened! The Fed has officially raised mortgage interest rates and forecasts 6 more increases for 2022. You will have to excuse me as I try to keep our favorite #ForeclosureDealsCoach from going overboard patting himself on the back, but in all seriousness, this is one of the tea leaves that could signal an impending shift in the market. Before you accuse us of fear-mongering, understand that the doom & gloom of the 2008 mortgage crisis isn't exactly what we anticipate. But as home appreciation has surged - through multiple COVID variants, trillions of dollars of stimulus funds, and two Whitehouse administrations - a counter to unsustainable market growth and a decrease in consumer buying power will cause your average homebuyer to reassess their plans as we get further into the year. Stay tuned as Donny breaks down how he sees things playing out and make sure you're doing your own research as #Dealhunters to capitalize on the developing circumstances.

Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters

Here's a link to the article Donny discussed in today's episode:
Here's What The Fed's Rate Hikes Mean For Borrowers, Savers, And Homeowners

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