Are we heading into a recession? What do rising debt, inflation, and federal policy mean for mortgage rates and the housing market in 2025? In this special episode, Rick Bosley sits down with Michael Smalley—Regional VP at CrossCountry Mortgage and 22-year industry veteran—for a candid, fact-driven discussion on where the market is now and where it’s headed.

Together, they unpack:

• Why affordability remains the biggest hurdle for buyers
• How government debt is affecting interest rates and economic policy
• Whether we’re destined for another crash—or a soft landing
• What to expect from the housing market in Q3 and Q4
• The truth behind “clickbait” real estate headlines

From recession risks to real estate resilience, this is a must-listen for anyone looking to buy, sell, or simply stay informed in today’s unpredictable market.

🎧 Subscribe for future updates, and follow Michael’s weekly Monday Market Update on Facebook for live insights.