Episode #225
Zerodown mortgages are back. That’s right. You can now get into a home with (potentially) zero dollars outofpocket. But wait…this is starting to sound a bit like 2008. Remember the fullyfunded mortgages that didn’t require income verification? Are we back to the days of NINJA loans as homebuyers struggle with affordability, forcing them to take on zerodown loans? Not quite. We’ll explain why on this headlines show!
This time, we’re talking about the new zerodown mortgage loan. But that’s not all. One crucial housing metric has exploded, and if you sell, BRRRR, or flip houses, this is one metric you MUST pay attention to. Remember back in 2021 when lumber prices were so high that you needed to take out a personal loan to buy a toothpick? The mahogany tables have turned as we bring some good news for new construction investors and home renovators.
Lastly, we look overseas at the international housing markets that are seeing the biggest price drops and increases. We also share where we would invest abroad and whether or not we think these markets beat the good ol’ USA. Stick around for your latest housing market update on this headlines show!
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Show notes at: https://link.chtbl.com/OTM'>https://link.chtbl.com/OTM
00:00 Intro
01:22 0% Down Mortgages Return
13:59 Crucial Housing Metric JUMPS
20:27 Lumber Prices Stabilize
26:18 International Home Prices Drop