Joseph Shalaby
speaker
428 appearances
1 recordings
1 series
first heard Dec 2025
last heard 19 Dec
Joseph Shalaby’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Dec 2025 with 1.
Appearances
And the third thing that's on the docket that's going to help housing in 2026 is
which is, again, a little bit of help, not tremendous help, but it's still enough help, is 50-year mortgages are coming down the pipe.
So if we get 50-year mortgages, you'll see a 10%, 15%.
payment reduction so it's effectively like interest only just a little bit of principal um but it's going to be at least something to help people subsize a little bit um and uh you know the fed said yesterday they're going to be buying mortgage-backed securities so uh i think it was like i don't know 20 billion dollars of mortgage-backed securities um so that'll bring rates down that's the the fourth thing um
Outside of the Fed rate cuts, it's the mortgage-backed securities that they buy that actually bring the rates down, not the rate cuts.
It doesn't move the needle on a payment much.
It just doesn't.
I said 10%.
That's not much.
So it's just another way to qualify more buyers with a tiny bit of a payment.
I mean, 30-year and 50-year, it's not much of a difference.
It's literally 10%, 15%.
It's a tiny difference.
Or do you think the administration truly believes this is a game-changing piece of –
you are not going to make a dent in the current environment without massive changes.
So, I mean, we are really upside down with affordability for housing right now.
It's like a joke.
Yeah.
Think about here in New York or in California where the housing average price is over a million and a half or something.
I don't know.
Showing 201–220 of 428 · page 11 of 22
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