In this insightful clip, Ian Dunlap, Rashad Bilal, and Troy Millings dive deep into the current state of the US housing market as 30-year mortgage rates soar to 7.5%—levels not seen in decades. The conversation kicks off with pressing questions: Are we witnessing the early stages of a housing affordability crisis? What does this mean for homebuyers, sellers, and the broader economy?

Ian discusses the broader bond market issues, including the recent U.S. Treasury auction struggles and the looming $5 trillion interest payment Americans might face over the next decade. Troy highlights how rising rates, stagnant wages, and mounting personal and institutional debt are making home ownership less attainable, especially for incoming buyers and younger generations. The group also touches on the impact of student loan debt returning from deferment, adding to the financial strains many Americans already face.

Rashad brings practical advice to the table, sharing his personal experience with a cash-out refinance on an investment property. He breaks down how you can leverage auction properties, increase their value, and use cash-out refi strategies to scale a real estate portfolio, even in today’s high-rate environment. The team also discusses the importance of maintaining good credit and the role of financial education in navigating these challenging times.

Whether you’re an aspiring homebuyer, a real estate investor, or just trying to make sense of the headlines, this clip offers invaluable perspectives and tips to help you position yourself for success.

*Key Topics Covered:*

• The impact of 7.5% mortgage rates on housing affordability
• Challenges in the bond market and implications for the U.S. economy
• Supply and demand issues in the housing market
• The effect of student loan and credit card debt on homeownership
• Practical strategies for real estate investment, including cash-out refinancing
• The ongoing need for financial and credit education

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*#MortgageRates #HousingCrisis #RealEstateInvesting #CashOutRefi #FinancialEducation #CreditTips #MarketInsights #Homebuyers #InterestRates #PersonalFinance*

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