Mortgage Monday I Mortgage Blood Bath-Why Rates Just Skyrocketed I Episode 163

Mortgage rates shocked the RE community when they jumped nearly .75% in a short period of time. As investors and home buyers struggle to cope with what this means for their deals, escrows, and refinances, David and Christian give commentary on why this happened and what this may be a symptom of. As America struggles with a nasty spending habit and not enough taxes to cover our spending, situations like this may become increasingly common. We cover possible solutions for this problem, why our bond market seems to have fallen out of favor, and what we can expect moving forward.