Mortgage Monday - What The US Credit Downgrade Means for You | Episode 64

Summary Moody’s had decided to downgrade the US credit rating, citing the increasing burden of the US budget deficit. The markets responded by immediately raising mortgage rates. Today’s episode covers why this happens, what’s going on globally that could affect mortgage rates, and what to expect if these downgrades continue. Download today! Chapters 00:00 U.S. Debt Downgrade: A Historical Moment 02:56 Understanding Credit Ratings and Their Impact 06:12 The Implications of U.S. Debt on Mortgage Rates 08:49 Economic Climate and Its Effects on Real Estate 11:55 The Role of the Dollar as the Reserve Currency 15:12 Potential Global Economic Shifts and Their Consequences 18:04 The Importance of Defensive Investing 21:02 Current Real Estate Opportunities and Strategies Follow David @DavidGreene   DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David [email protected] Ask a Question DavidGreene24.com/ask Find me on the “minnect” app Real Estate University SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join