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

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