Economic News

The Future of Mortgage Rates and Real Estate Prices

Published

March 30, 2010

me and maria Since the Fed’s mortgage program ends tomorrow and the tax credit ceases 4/30, what will the future for mortgage rates and home prices be?

There are many schools of thought on both sides. The real answer lies with……….

Want to find out what the answer is? Watch me live on CNBC today (Tuesday March 30th) at 4:30PM ET talking about these important topics with Maria Bartiroma.

UPDATE: Video now available:

Thanks for watching.

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In this article:Mortgage, News

Written By fredglick

Realty Reality! That describes Fred, a sharp witted and outspoken realist for the mortgage and real estate world who has appeared on CNBC and NPR's Marketplace along with being quoted in the New York Times, The Wall Street Journal and other media outlets. Fred is the CEO of U S Spaces, Inc/Arrivva (a real estate brokerage firm in PA, NJ, DE and CA) and U S Loans Mortgage Inc (mortgage brokerage in PA, CA, FL and VA), and serves on the Board of Directors and is the Federal Legislative Director for the UpFront Mortgage Brokers. Fred is also the co-creator of real estate startup Rentscoper.com, a mathematically driven rental search engine. See everything Fred at fredglick.com.

20 Comments

Prudential West

March 31, 2010 at 4:02 pm

I missed it…would love to see it posted soon

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Michael Bertoldi

March 31, 2010 at 4:33 pm

Way to go Fred!

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Benn Rosales

March 31, 2010 at 4:35 pm

Question is Fred, do we differ on how to inspire growth (JOBS JOBS JOBS)? I’m ready for some small biz welfare. Seeing that the .gov is down for now owning 51% of the total economy isn’t it time they passed down some serious free-for-all capital for small businesses and inspire some smart risk? Stunned that we’re talking healthcare legislation when we should be focused hard core on getting small businesses growing?

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- Lani Rosales
  
  March 31, 2010 at 4:39 pm
  
  Benn, I agree with where the focus lies, but every President seeks to leave a legacy, I just think that this administration stumbled in which they selected and that’s unfortunate (despite the noble efforts made). I’m with you- the focus has to be on reinvigorating small businesses, I’m tired of hearing about layoffs and friends of ours having to work more hours at less pay to keep their jobs, or having to give up health insurance and benefits to stay employed since small employers are barely staying afloat. Fred, we agree on the source but I am not sure if we agree on the solution, what say you? 🙂
  
  Reply
Fred Glick

March 31, 2010 at 4:58 pm

I talked about in a previous CNBC spot about creating construction jobs by having the foreclosing banks fix property up before they sell.

This way the end buyers can have a house that is done and get it financed.

Also, the banks will get more money, the government (including Fannie and Freddie) will get more money back and the local economies will be stimulated.

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- Benn Rosales
  
  March 31, 2010 at 5:22 pm
  
  Okay Fred, that’s a neat idea, let’s do it, but in the meantime, I have my own jobs I’ve created right here w/in my own company that I’d love to hire for but I can’t because I cannot get the small biz loans at rates we can afford… just give us the capital (or incentivize rates *aHEm* NAR DC!), we’ll do the creating while you guys fix roads. 🙂
  
  I’d like to see the 8k tax credit moved over to small biz loan buy downs to reduce rates to affordable levels – I know it’ll take more than 8k, but the return on this type of buy down translates into JOBS that make more than $10 per hour with a welfare supplement.
  
  Reply
CRHOME

April 1, 2010 at 3:57 pm

With the end of the Federal Reserve program to purchase mortgage-backed securities, rising mortgage rates should draw investors back into the market, the question is how much of a rise?

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Memphis Home Loans Now

June 29, 2010 at 12:54 pm

Hi,There can be a wide assortment of curiosity rate items that trade on the futures exchanges and enable traders to create bets on changes in fascination rates. Probably the most appropriate futures product to hedge mortgage costs may be the Eurodollar long term.

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