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About Video - 8% Mortgage Rates are Officially Here: Watch Out US Housing Market It’s official: 8% 30yr fixed mortgage rates are here. That is the highest mortgage interest rates in decades. For someone looking to buy a median priced home today compared to two years ago, it’s going to cost them an extra $1,193 more per month in principal and interest payments because average 30 year fixed mortgage rates have increased from 3% to 8% and home prices have increased by 12%. This is based on my analysis of data from the National Association of Realtors and In today’s video, I explain the true impacts of these rising rates for homebuyers and other early indicators of our United States housing market. Thank you for watching the video! I appreciate you. Please like, share this video and subscribe! ➜➜➜ Inquiries for my NEW video editing business: email me at ➜➜➜ Get Connected To a GREAT Real Estate Agent or Mortgage Advisor here: ➜➜➜ Book a 1 on 1 consultation with me here: ➜➜➜ Need a landing page or website built? Go here: Interested in buying or selling a home in the greater Sacramento area? Email me at: Compilation of Housing Market Forecast videos: Reports I shared in today’s video: To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 7.6% for the current mortgage rates (at the time of filming this video for those with excellent credit). Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge? ---------------------------------------------------------------------------------- Products I use and like: ad My Gear I Use for YouTube: Tubebuddy Find a Virtual Assistant Here *** Jason Walter, CPA (inactive CPA lic 103885) Sacramento real estate agent and native Realty ONE Group Complete (DRE 01923240) ➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜ To never miss a video about personal finance & real estate related topics, please subscribe & then hit the bell notification here ➜ ➜ PLAYLIST: Videos about Living in Sacramento Moving to Sacramento? Top 10 Reasons to Move Here: 5 Pros & Cons of Living in Sacramento: Royalty Free Music from Bensound Disclaimer: Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only. This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty ONE Group Complete in California under DRE 01923240. #interestrates #mortgagerates #housingmarket Keywords: Homebuyers,mortgage lender,mortgage officer,US housing market,housing market predictions,housing market forecast,home prices,real estate market,interest rates,mortgage interest rates,mortgage rates,housing market,real estate,Sacramento real estate agent,Jason Walter,Realtor,Redfin,Zillow