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So we are seeing in the real estate market an uptick in activity.
We are seeing interest rates down very slightly, just a little bit, he said at the time.
For example, on properties he has for sale, hes suddenly seeing some interest.
[W]hat happens in your house is more important than what happens in the White House.
And so Donald Trumps not going to buy you a house.
Joe Biden didnt buy you a house.
Its not their job either, one of em, Ramsey said.
However, he didnt speak to how high inflation over the past few years has driven many costs up.
Even if there are tariffs and there arent any yet [as of March 17].
Its a self-fulfilling prophecy, he said.
He included housing in that prediction.
He doesnt credit presidents, but people, with economic prosperity.
Im not going to give President Trump the credit for having grown the economy.
Im going to say the American public grew the economy.
If youre ready to buy a house, dont time the market, time your own financial life.
The reality is also that when interest rates drop, home prices tend to go up.
PMI is around $75 per $100,000 borrowed.
So PMI on a $400,000 mortgage would be around $300 per month.
You guys have got to be grownups and go for your own destiny, he said.
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