Navigating the Real Estate Market: Updates, Opportunities, and Predictions with Mike Kelly and Ed Parcaut

Welcome back to another episode of Real Estate Jerky Daily! I'm your host, Ed Parcaut Mortgage Advisor of Lending For Living, Inc with Mike Kelly, a RE/MAX Executive Realtor and today we have a Market Update Monday edition that you won't want to miss. Joining me is our expert real estate guru, Ed Parcaut, who is here to give us all the latest insights on the market.  In this episode, Ed dives into the recent inflation report and how it may impact interest rates. He shares his thoughts on the need to persevere and take necessary actions, even if things get worse before they get better. Plus, Ed highlights some upcoming events that will shape the market, including the release of the Fed minutes, retail sales data, and housing market reports.  Ed also sheds light on a surprising statistic: mortgage delinquencies are at their lowest level since 1979. However, he reminds us that 1979 wasn't a great year for interest rates, reaching as high as 21%. And speaking of debt, Ed discusses the alarming rise in credit card debt, presenting a lucrative opportunity for those looking to help people eliminate it.  As always, Ed welcomes your questions and even offers his expertise in editing and podcasting. And if you're interested in diving deeper into the world of podcasting, Ed has an exciting class on editing and podcasting starting soon.  Stay tuned for all this and more on today's episode of Real Estate Jerky Live! #RealEstateJerkyLive #MarketUpdateMonday #InflationReport #RateHikes #EconomicIndicators #FedMinutes #RetailSales #HousingMarket #JoblessClaims #MortgageDelinquencies #CreditCardDebt #Bankruptcies #PodcastClass #EditingAndPodcasting #RecessionIndicators #PropertyForSale #LowRates #StocksAndBonds #FedTransparency #DebtConsolidation #AIAssistance    Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.