Mortgage 101 - Pride, Politics, and Property

Todd and Clinton regroup to wrap up their discussion on Pride in Homeownership. They touch on the impact of political uncertainties, such as trade wars and interest rates, on the housing market. They noted that while rates have decreased, the market remains high, affecting affordability. Clinton highlighted the trend of younger buyers receiving large family gifts, often $100,000, to make down payments. They also discussed the shift in demographics, with more seniors and first-time buyers entering the market. Challenges in the trades, such as difficulty in accessing contractors, were mentioned.