2023 Housing Crash: Peter Schiff’s Economic Warning | Mortgage & Market Meltdown

Dive deep into the 2023 housing market crisis with Peter Schiff's eye-opening economic analysis. In this latest Investify episode, we break down the Mortgage Bankers Association's startling report on the downturn in purchase and refinance indexes, Wells Fargo's massive layoffs, and the reality behind the affordability crisis. With mortgage rates hitting decades-high levels, we explore the implications of a potential worst year in home sales since 2008, alongside the Federal Reserve's rate hikes. How does a record trade deficit factor into America's GDP? And what does the 'lock-in effect' mean for over 90% of homeowners with rates below 6%? Stay informed on these shifts and their impact on your financial future. Subscribe to Investify for more critical economic insights and strategies. 😍Watch this video about 2023 Housing Shock: Peter Schiff’s Economic Warning | Mortgage & Market Meltdown 💬If you enjoy our videos, hit that subscribe button, and let's make your money work for you!💬 🔔Subscribe Now -    / @investify913🔔   ✅💡If you need investment advice💡or just want to consult, you can find us here on 🔥 Facebook - https://www.facebook.com/profile.php?..., or write to our email, we are waiting for you!👇👇✅ ⚠️👇 Register here, get your FREE STOCKS, and get started with your exciting journey!💰⚠️ 1. MooMoo - https://shorturl.at/arv47 2. Robinhood - https://robinhood.com/us/en/ 3. Webull - https://www.webull.com/activity ⚠️Before you start investing your money, it's important to remember that investing always involves risk. No investment is completely safe or guaranteed. Always do your own research and consult with a financial advisor before making any investment decisions. Remember, the key to successful investing is a long-term strategy and disciplined approach. Stay informed, stay cautious, and invest wisely!⚠️ #marketcrash #housingcrash #housingmarket