150: Zillow’s Senior Economist on Why You DON’T Want Mortgage Rates to Fall w/Orphe Divounguy
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Everyone wants low mortgage rates) again, but getting there might be one of the most economically treacherous roads many have ever faced. The sacrifice needed to get interest rates down would be substantial and lead to** severe effects throughout the economy** and all of our lives. After you hear today’s interview with Senior Economist at Zillow, Orphe Divounguy, you’ll know exactly what we mean.

Orphe’s team tracks anything and everything to do with the housing market). From **home prices to migration, mortgage rates, **new construction), and more, their finger is closer to the housing market pulse than most. But, if you want an episode where we talk about home prices coming back down and rates finally falling, this isn’t it. **Orphe brings on the housing market facts and forecasts **a future many of us didn't think possible just a few months ago.

We’ll go over home price predictions, what could cause **rates to **finally fall, underrated affordable markets, recession risk, and how to get started investing in real estate during such a tough market.

In This Episode We Cover:

The one thing that could cause mortgage rates to fall (and the danger behind it)

Zillow’s recession) forecast and why US economic growth might be impossible to stop

Higher home prices and how the supply lag has kept prices near **all-time-highs **

Rent growth) and which types of real estate are already seeing a return to normal

The most affordable, underrated real estate investing market that won’t last long

Where Orphe is investing in real estate and his advice for getting started

And So Much More!

Links from the Show

Find an Agent)

Find a Lender)

BiggerPockets Forums)

BiggerPockets Agent)

BiggerPockets Bootcamps)

Join BiggerPockets for FREE)

On The Market)

Join the Future of Real Estate Investing with Fundrise)

Connect with Other Investors in the “On The Market” Forums)

Subscribe to The “On The Market” YouTube Channel)

Dave's BiggerPockets Profile)

Dave's Instagram)

Kathy's BiggerPockets Profile)

Kathy's Instagram)

Fannie Mae Expects a Recession as Mortgage Rates Continue to Climb)

Rate-Locked Homeowners Nearly Twice as Likely to Not Consider Selling)

Connect with Orphe:

Orphe's LinkedIn)

Orphe's Research)

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-150

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