9-7-2023 – The Majority of Homeowners Feel 'Locked In' by Their Current Mortgage Rate episode artwork

EPISODE · Sep 8, 2023 · 44 MIN

9-7-2023 – The Majority of Homeowners Feel 'Locked In' by Their Current Mortgage Rate

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7% — which is just too high for many homeowners to consider selling.(But could a rate of 5% be the 'magic number' to trigger a move?) Today's Stocks & Topics: DVN - Devon Energy Corp., EOG - EOG Resources Inc., ISM Sector, Mortgage Rates, Mining Industry in Saudi Arabia, Price Support, APLD - Applied Digital Corp., TGTX - TG Therapeutics Inc., TLRY - Tilray Brands Inc., Credit Card Debt, Apple Falls, O - Realty Income Corp., FDX - FedEx Corp., UPS - United Parcel Service Inc. Cl B.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Quince and use my code quince.com/INVEST for a great deal: https://www.quince.comAdvertising Inquiries: https://redcircle.com/brands

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9-7-2023 – The Majority of Homeowners Feel 'Locked In' by Their Current Mortgage Rate

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