‘Shark Tank’ star Barbara Corcoran weighs in on record mortgage rates l GMA

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  • Опубликовано: 27 окт 2024

Комментарии • 58

  • @taffyalusa4642
    @taffyalusa4642 Год назад +15

    Barbara is a realtor, her business is to sell, she's not an economist. She talks to benefit her business.

    • @hoomanbeing4918
      @hoomanbeing4918 Год назад +2

      She is an investor, has her life time experience in development, asset and portfolio management. She knows what she is talking about.

    • @alfordelliott6943
      @alfordelliott6943 Год назад

      And your upset you can't afford a house

    • @tamimoncrief2264
      @tamimoncrief2264 7 месяцев назад

      Her business is to sell. The cost of a home is thru the roof

  • @XennialGuy
    @XennialGuy Год назад +16

    Barbara honestly does not know what she's talking about. She's completely ignoring current and historical data. Affordability is simply not there, and builders are the ones that control the market, and they are getting strained right now and are running out of cash. Come back in a year and rewatch this. Her take will not age well.

    • @anthony-L.A.6946
      @anthony-L.A.6946 Год назад +1

      40 years mortgage will be available and interest only mortgage only also.

    • @XennialGuy
      @XennialGuy Год назад

      @@anthony-L.A.6946 Yeah, let's fix a problem by making it worse 😕

    • @anthony-L.A.6946
      @anthony-L.A.6946 Год назад +2

      @@XennialGuy i have seen two crash bros on RUclips switching to buy mode.

    • @XennialGuy
      @XennialGuy Год назад

      @@anthony-L.A.6946 2006-2007 all over again. History just keeps repeating itself.

    • @jaybartgis5148
      @jaybartgis5148 Год назад +2

      ​@XennialGuy if history "just keeps repeating itself", then please give one example of the housing market crashing in the past 80 years with the one time exception of 2008

  • @anthony-L.A.6946
    @anthony-L.A.6946 Год назад +4

    40 years mortgage will be available and interest only mortgage only also.

  • @hoomanbeing4918
    @hoomanbeing4918 Год назад +4

    She is an investor, has her life time experience in development, asset and portfolio management. She knows what she is talking about.

  • @Dee-w5y
    @Dee-w5y Год назад +1

    Price declines are increasing rapidly in Florida, Massachusetts, California, and New York.

  • @robertbarrett7620
    @robertbarrett7620 Год назад +3

    Do not do ARM

    • @chrisd5383
      @chrisd5383 Год назад

      Do you see above 8% rates? If not it may not be a bad idea, it could save you thousands in the next few years then you can refi.

  • @omarthegreat4179
    @omarthegreat4179 Год назад +1

    Crazy low inventory and prices are still coming down in tx way over priced

  • @anthony-L.A.6946
    @anthony-L.A.6946 Год назад +2

    Good news homeowners. Warren Buffet placed an $800 million investment bet against a housing crash.

    • @ReeLSpirit
      @ReeLSpirit Год назад

      isnt that like a new percentage of his total cash? i think he has over a hundred billion in cash, so $800m is nothing

    • @anthony-L.A.6946
      @anthony-L.A.6946 Год назад

      @@ReeLSpirit it’s a vote of confidence.

    • @ReeLSpirit
      @ReeLSpirit Год назад

      @@anthony-L.A.6946 he should put more than 30% if he’s really that confident

    • @anthony-L.A.6946
      @anthony-L.A.6946 Год назад

      @@ReeLSpirit he should have rounded it to 1 billion. Give the housing market the respect it deserves.

  • @ZuluNation05
    @ZuluNation05 Год назад +7

    Get an ARM loan.....!?!?! Smh. Rates going back down to 4% lmao!! What ki d of world is she living in?

    • @Jake-pf4kv
      @Jake-pf4kv Год назад +1

      You cant refinance unless you have equity, I'm waiting for the recession to buy another home

    • @chrisd5383
      @chrisd5383 Год назад +2

      @@Jake-pf4kvyou’ll need a very bad recession. When rates going down prices will go up, unless there’s a lot of job loss and foreclosures.

    • @Jake-pf4kv
      @Jake-pf4kv Год назад

      @@chrisd5383 mean reversion atleast. Need to account for the lag effect

    • @michaeljjan6344
      @michaeljjan6344 11 месяцев назад

      But housing prices are going up and so are the rates. Well at least they are here in Alberta.

    • @Jake-pf4kv
      @Jake-pf4kv 11 месяцев назад

      @@chrisd5383 unemployment is at the breaking point, but foreclosures take time. When has the federal reserve raised rates and there wasn't a recession?

  • @danieldembny4875
    @danieldembny4875 7 месяцев назад

    You cannot talk about the housing market as a whole. It's city by city, state by state.

  • @PS-1877
    @PS-1877 4 месяца назад

    I hope Terri didn’t listen to this lady. I would hate to say I told you so.

  • @LadyofdaNO
    @LadyofdaNO Год назад +5

    🤔 I’m no expert, but I don’t believe a thing this lady is saying.

  • @sheles_wallace
    @sheles_wallace Год назад +3

    Barbara is awesome!

  • @willterry5839
    @willterry5839 Год назад

    The problem with the housing market being so strong is that home prices contribute to core inflation which could cause rates to stay high longer.

    • @brianoleson9224
      @brianoleson9224 Год назад

      the housing market is not strong its actually in the 3rd worst position in 107 years 1926,2008 and now do some research theres alot of scewed data lies and truths out there

    • @Jake-pf4kv
      @Jake-pf4kv Год назад

      Homesellers know what they got😂

  • @whalerlife53
    @whalerlife53 Год назад +2

    She is full of crap. If housing goes up another 15% who’s gonna buy it. Housing is at an all time high for being unaffordable. No market goes up forever and no market goes down forever.

    • @RicardoGarcia-uw6cr
      @RicardoGarcia-uw6cr Год назад

      Couldn’t agree more! She’s either dumb or willfully deceiving people. The people who are buying homes are mostly not family or people , they are huge corporations and the elite like black rock and vanguard .. they are pricing out the middle class and average Americans .. just like they said they would do.. the World Economic Forum davos elite club said “you will own nothing and be happy.” Which implies they will own everything…

  • @tamimoncrief2264
    @tamimoncrief2264 7 месяцев назад

    She is clueless! What a load of BS.