A short YouTube monologue arguing that when mortgage rates rise, home prices have also risen historically; the speaker claims the last seven rate-rises coincided with price increases and notes the recent two-year period of rising mortgage rates alongside substantially higher home prices.
The last seven times that mortgage rates rose, home prices rose every single time, in conjunction correlating with higher mortgage rates. Even if you've never owned a home, just every layperson out on the street, there's some guy you see in the aisle in 7 11, like he would know that mortgage rates have become substantially higher than they are. Someone might look around and be befuddled and still not understand how this can be and still wonder, come on, does that really happen? Well, yes, it's just happened the past two years from, from 20. This year, we've had nothing but increasing mortgage rates, and we've had substantially increased home prices over that time as well.
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