Said on Mar 18, 2026, at 9:51 in the video.
“I don't think any of these are going to have a lasting effect whatsoever.”How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.
30-year fixed mortgage rate: Freddie Mac PMMS via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.
How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.
Zillow now forecasting less than a 1% price increase through 2027. As a result, the National Association of Realtors is now calling this the most balanced housing market in almost a decade, where neither buyers nor sellers have the clear upper hand anymore. Of course, there are additional proposals currently in the works to bring more buyers into the market, including executive orders that would lower mortgage rates, bring down the cost of building, and eliminate institutional buyers. But, I'll tell you, as someone who's been involved in real estate since 2008, I don't think any of these are going to have a lasting effect whatsoever. And in terms of what to expect long-term, here's just what I'm saying. People who bought in 2022 and 3 are beginning to realize those prices aren't coming back overnight. Price reductions are becoming a lot more common. Homes are sitting on the market for longer, and buyers actually have room to make a lower offer because some areas just don't have a lot of competition. The only downside I see is that some homeowners have locked in insanely low mortgage rates in 2020 and 2021. So, if they ask a high price and they don't get it, they don't sell. But, for everybody
What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.
Graham StephanMortgage rateswill rise
“your payments are probably going higher.”
Aug 10, 2026 · after 30 days
Graham Stephana call under review
“starting now, mortgage rates have already begun going higher.”
Aug 10, 2026
Graham Stephana call with no clear direction
“But, don't expect this to happen, because as we've all seen, rates have stayed significantly higher for much longer than people have expected.”
Jul 22, 2026
Graham StephanMortgage rateswill fall
“In the near term, a flight to safety of the dollar could actually push Treasury yields down and actually reduce mortgage rates.”
Mar 2, 2026 · after 180 days
Graham Stephana call under review
“mortgage rates coming down, which should boost the short-term value of my properties even further,”
Jan 13, 2026
Graham Stephan, relaying another source: Mortgage rates will fall to 0.5%
“most analysts predict the drop of about a quarter to a half a percentage point in mortgage rates, which could boost purchasing power by as much as 6%.”
Jan 13, 2026