Mortgage rates will 'lead the way' lower ahead of Fed rate cut, says Matt Graham

Matt Graham, chief operating officer at Mortgage News Daily, joins CNBC's 'The Exchange' to discuss the housing market outlooks, mortgage rates, and more.

[@rapp-in1mz]

Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@WalterDorcas]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!

[@rapp-in1mz]

"I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance."

[@rapp-in1mz]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip!!

[@AI_Ghostwriter]

Kumar, what drives you? Does this even work?

[@nickvin7447]

And yet rates are still above 7% and no one wants one.

[@bradleyqueen3879]

He'll be disappointed when rates remain near 7 percent for a while longer. No cuts coming anytime soon.

[@Jwdude123]

agree

[@deltaXna]

Annnnd... you are wrong sir. 30 yr drop below 7 today should continue throughout and perhaps low 6s early next yr

[@deltaXna]

Broke that floor support level today om the 30. 18 bps..

[@David-f4t3l]

Id rather build a new house rage than buying an old house

[@dariodjakovic1600]

New construction quality is garbage

[@namorcito89]

I agree. With how expensive old houses are, only to expect to replace $$$ home essentials that are 10k+. The move is towards new housing to atleast brace yourself for 10 year replacements vs 6+ month replacement in that old home, regardless of quality of new home being garbage. Old homes got overdue garbage anyways.

[@alexhein6386]

@@dariodjakovic1600it’s called modern houses

[@BluePandaa1]

Mortgage rate follow below 7. This is a lie. It is increasing. Ya for 15 year rate it is below 7 but 30 year rate is high. lol good luck.

[@alexhein6386]

3 percent will never return

[@allany27]

Stop deceiving people , you guys do not know anything, as oil continue to go up , inflation will continue to go up, mortgage rates will continue to go up significantly as well, just check the weekly oil chart. It came out of the correction and it will shoot up

[@chrisginoc]

Graham the legend

[@davidbelanger2681]

what are you, his agent?

[@chrisginoc]

@@davidbelanger2681 Hahaha. No I’m just part of his mbs live subscription. It’s been priceless to my business

[@Dematsa]

Based!