EPISODE · Mar 14, 2023 · 5 MIN
how do bank failures affect the housing market? - Tom's Take 314
from The Tom Toole Sales Group Podcast · host The Tom Toole Sales Group Podcast
Silicon Valley Bank and Signature Bank failed last Friday. 👀 Obviously when you hear bank failures, there's some fear, there's anxiety of a flash back to 2008 when we saw a lot of financial institutions have major issues. 👎 We've already seen that these failures cause the 30 year fixed rate to come down pretty dramatically into the 6.25% range as of Monday versus north of 7% at the end of the day on Friday. 📉 These banks are invested heavily in crypto VC and tech startups and bonds, all risky investments. 😳 What does this mean for the housing market? How will this affect loans? 🏡 Tune into episode 314 of Tom's Take for a breakdown of everything! As always, reach out with any questions! We are happy to be your guide! 📲 🎥 Missed episodes 1-313? visit here: http://bit.ly/TomsTakeChannel #TomsTake #TTSG #SiliconValleyBank #BankFailures #TomTooleSalesGroup
What this episode covers
Silicon Valley Bank and Signature Bank failed last Friday. 👀 Obviously when you hear bank failures, there's some fear, there's anxiety of a flash back to 2008 when we saw a lot of financial institutions have major issues. 👎 We've already seen that these failures cause the 30 year fixed rate to come down pretty dramatically into the 6.25% range as of Monday versus north of 7% at the end of the day on Friday. 📉 These banks are invested heavily in crypto VC and tech startups and bonds, all risky investments. 😳 What does this mean for the housing market? How will this affect loans? 🏡 Tune into episode 314 of Tom's Take for a breakdown of everything! As always, reach out with any questions! We are happy to be your guide! 📲 🎥 Missed episodes 1-313? visit here: http://bit.ly/TomsTakeChannel #TomsTake #TTSG #SiliconValleyBank #BankFailures #TomTooleSalesGroup
NOW PLAYING
how do bank failures affect the housing market? - Tom's Take 314
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.