US Housing Markets Are Starting To FALL! – Mortgage Rates Are JUMPING!

Josh Sigurdson talks with author and economic analyst John Sneisen about the continued propping up of US housing bubbles across the board as mortgage rates hit a four month high.
We have seen the return of the collateralized debt obligations of the past, not to mention credit default swaps, mortgage backed securities, reverse mortgages, subprime lending, and we are seeing it reach its inevitable peak as we saw in 2007 and 2008.
The 30 year fixed rate mortgage was up 5 basis points in the week of September 20th to 4.65%. That’s the fourth weekly gain.
The 15 year fixed rate mortgage averaged 4.11% which was also up 5 basis points.
The 5 year treasury indexed hybrid adjustable rate mortgage averaged 3.92% down from 3.93%.
These rates appear to be trending along the same line as the treasury yield which we’ve seen in danger of reverting in the past few months. Team this all with current market conditions and this is quite concerning.
We must remember in the 1980s, rates skyrocketed far more, but we didn’t see such a vast combination of debt and money being thrown into everything. A multi-quadrillion dollar derivatives bubble. A massive pension bubble set to hit 400 trillion dollars by the year 2050. A massive auto bubble. A massive stock market bubble held up by speculation and investor confidence without true fundamental value. Tie this together with the out of control central planning of the monetary system and you’ve got one of the biggest crashes the world has ever seen on the way, continuously propped up after 2008. A continuation of what we got a glimpse at previously.
The crash is inevitable, but the time of the crash is entirely unpredictable. We cannot put a date on it, but we know individuals must prepare themselves and do what they can to protect their purchasing power.
Decentralize your lives and be independent free individuals.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

Visit us at www.WorldAlternativeMedia.com

LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/

Follow us on Twitter here:
https://twitter.com/WorldAltMedia

FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson

BUY JOHN SNEISEN’S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1

DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!

Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072

BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU

https://anarchapulco.com/buy-your-tickets/
Use Promo Code: wam to save on your tickets!

World Alternative Media
2018

“Find the truth, be the change!”

(1382)

About The Author
-

29 Comments

  • magnus4g63
    Reply

    The Matrix is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work… when you go to church… when you pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth.
    Neo: What truth?
    Morpheus: That you are a slave, Neo. Like everyone else you were born into bondage. Into a prison that you cannot taste or see or touch. A prison for your mind.

    Morpheus The Matrix

  • TheVolitionSociety
    Reply

    nobody has ever propped up a dead horse. The expression is “beating a dead horse”. Perhaps “house of cards” is the expression youre looking for.

  • Truth the new Hate speech
    Reply

    Well the Libtards have to suck more money outta your pockets to pay for all the economic migrants from somewhere ?

  • gary burns
    Reply

    I don’t invest in Real Estate, I invest in Art, Silver bars, coins , and Antiques, and Gold Jewelry , plus Rhodium.   Everyone should really look at Rhodium.

  • Imma H8tr
    Reply

    Chinese and Iranian/Afghani drug money cares not about high interest rates. As long as they are allowed to launder money by buying up Canadian property the prices will never fall, never.

  • Battery9876
    Reply

    Don’t forget that in 2008 oil reached its peak at $147, and that precipitated the collapse. With the dollar going up oil is going to remain not too expensive so the Bubble can continue for some time.

  • EPIPHANYS & PERCEPTIONS
    Reply

    Theory I heard awhile back is that they’re using a dwave super computer to prop up the markets by throwing futures at it and manipulating currencies and precious metals. All done by programmed algorithms. I believe it. You talk about futures being downright wrong. I think they were made to make it easier to manipulate things in the markets. With the market being so big, they would need a super computer to keep it stable using these manipulation methods to controls rise and falls and suppressions.

  • John Lennox
    Reply

    So, if my mortgage has $100K left on it, and the dollar becomes worthless, I will owe the mortgage company $100K of worthless $$?

  • Big Daddy
    Reply

    If you can say when then what is the point of all these videos?

    How much money have you missed out on earning the past 8 years?

  • EPIPHANYS & PERCEPTIONS
    Reply

    I don’t mean to be a downer but if crypto currency worried the central banking system, which it does, they’d buy it up, which they are, and take control of it. You’re talking about a control system where they can create money out of thin air which means nothing, I repeat, nothing is out of their reach to own. I see the future of crypto being centralized to use the wallet technology combined with RFID chips and their control becomes absolute because of crypto currency being created. Not the other way around. People who put their faith in these things will be greatly disappointed. It’s faith misplaced. I get that it looks like a way to decentralize money but the powers that be won’t let it take over their system. They’ll wait until the crash to take control of it for themselves to keep control of the masses. They’re already investing in it. It’s only a matter of time before they control it completely even though everyone seems to think they can’t. I make it sound hopeless because in this world of greed and power hungry people, it is hopeless. My hope rests in source to free my soul from this bondage. I will never put my faith in something like crypto to free me because I’m well aware its faith misplaced and free body doesn’t mean free soul by any means. Freedom is an illusion and is all part of the test we go through here to overcome trivial control systems designed to rob God of our faith in God. Overcoming in this world simply means your faith in source remained despite all attempts to rob it.

  • Stephanie Rovegno
    Reply

    Thank you for the honesty and confirmation of what I was seeing and feeling. The market here in Orlando, Florida is finally cooling off unfortunately, the damage has been done to the lost souls who continue to want a fast profit without doing nothing. What ever happened to old fashioned hard work. Interest rates must go up to stop inflation and over inflation. The storm is on the way, but the question is who is prepared with a life raft, probably not many or at least those who are not watching your channel. Thanks again.

  • Ed Ca
    Reply

    Not yet .. it has cooled off … due to BS states regulations, and also homeowners are selling and buying. RVs along with land to park / live in their RVs others moving out of the country to Mexico and other Latin America countries ?????

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>