EPISODE · Sep 18, 2023 · 32 MIN
How Do High Home Mortgage Rates Affect Families and Banks? | LPP 62 w Dory Wiley
from Let People Prosper · host Vance Ginn, Ph.D.
Today, I'm joined on the "Let People Prosper Show" by Dory Wiley, president and founder of Commerce Street Holdings, LLC. We discuss: 1) Why he believes an economic bust is coming based on lending activities and economic indicators, and where there's corruption in the banking industry; 2) How high home mortgage rates after low rates during the pandemic are restricting supply, and how this affects the housing market; and 3) How the U.S. can rebuild its waning creditworthiness by Congress balancing the budget and putting taxpayer dollars to better use, and his thoughts on the Teacher Retirement System of Texas. If you enjoyed the show, please rate it 5 stars, write a review, and share it on social media. For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter on Substack (www.vanceginn.substack.com).
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How Do High Home Mortgage Rates Affect Families and Banks? | LPP 62 w Dory Wiley
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