Danny Brown is BACK with this week’s episode of The 5! Let’s breakdown what we’re talking about this week:
1. Betting on the stock market – sports fans are filling the void by turning to the stock market and learning to invest.
2. 401K’s now have access to unemployment – we’re explaining what private equities are, the risks, and what that means for you.
3. Unemployment – has surpassed $105 billion in the month of June, the most on record dating back to 2005.
4. Real Estate News – there are just over 7,000 homes listed for sales in the Phoenix area with a crisis of inventory and buyers constantly being beat out on homes.
5. Mortgages – rates for 30-year fixed mortgages are in the high 2% range for buyers. This makes your monthly affordability more impacted by the interest rate than the purchase price.
Watch on YouTube: https://youtu.be/51bynvf0hFA
Have a question for Danny? Drop it in the comments below!