SOTM 77: 30-Year Mortgage Rates May Rise Next Week – NerdWallet’s Holden Lewis

NerdWallet’s Holden Lewis has reported on mortgages since 2001, and he called the last housing bubble years before it burst. Today, he joins us to share his real estate predictions for 2021. One of these predictions is that 30-year mortgage rates will rise, possibly as early as next week. Hear how high mortgage rates could climb by 2022 and what you need to be telling buyer clients right now. Plus, Holden shares why a housing crash is unlikely, when home builders could come back in a big way, and more.

• Holden’s prediction for mortgage rates this year [3:00]
• What agents need to tell buyer clients right now [6:10]
• How rising rates could impact property prices [9:10]
• Why Holden does not believe we’re in a bubble [10:27]
• States fast track accessory dwelling unit (ADU) approvals [13:43]
• 2021’s hottest real estate markets [15:26]
• When home builders could come back big [16:39]
• The Fed’s fast response to the economic impact of the pandemic [23:04]
• The US’ K-shaped recovery from Covid-19 [25:44]
• A way for the government to incentivize real estate investors to sell [30:43]
• Holden’s long-term real estate predictions [32:09]
• Why Holden isn’t worried about hyperinflation [36:07]
• How high mortgage rates could be by 2022 [38:16]
• What will likely help the US avoid a foreclosure crisis [39:14]
• Where to follow Holden [42:05]