@tristan.ahumada: The U.S. national debt just passed $40 trillion. That doesn’t mean the housing market crashes tomorrow. But as the government borrows more, higher Treasury yields could help keep mortgage rates elevated, even if the Fed cuts rates. The number to watch now is the 10-year Treasury yield. That may tell us more about where mortgage rates are heading next. #RealEstateNews #MortgageRates #HousingMarket #NationalDebt #RealEstate

tonix :

If it’s going to crash then I’m going to refinance my house, get the equity and buy a lot of gold and silver 😂

x :

I've asked multiple ppl and no one can explain it to me, why are we buying back our own debt, how does that help us in the long run? ... it's like using a credit card to pay a bill, when it's all said and done you still owe more then you originally did because now you have interest on top of the original debt.... am I missing something here, I just don't get it🤷🏻

hairypiratelord :

They’re going to blame it on Biden somehow

SurprisedChicken :

Here’s the kicker; you need to also include the interest on that 40 trillion

ToyCarGuy :

The Fed will be cutting interest rates by September

akawojo :

If I have to give up 25% of my social security nothing will change with the debt but if the 1% were taxed 25% of their assets a 1/4 of the national debt could be paid off.

Chino Campos :

how about we stop giving other countries money

Vizion (Yojimbo) :

40T so far. 😂

TikTokJohnny :

I have a feeling this will go until 2028

diaz_8180 :

Gov creates this imaginary debt. They should just clear it. There’s no originator waiting to be paid back so in financial metrics it should just clear out

V1v1d :

Imaginary money controls the world .

MsCinnagrl :

They are still spending money on a Grand Prix and the ballroom!

Fred you :

the 50 plus million foreclosure will be the reason 🤣

McBRIDE :

Nordic2007 :

Hopefully the internet rate goes sky high and the housing prices drop then the people with cash will be able to buy nicer homes

livFreeduhm :

They are doing a wonderful job with the economy.

McBRIDE :

McBRIDE :

♒️ AQUARIUS84 :

Ppl already stop paying that’s gone make it worse

alfredomanchego8 :

RIP

snu :

reserve 🙏

Nunyuhbiznez :

LMAO! They said this exact same thing at 5 trillion, 10 trillion, 15 trillion (you get the point). If Biden was president, they guy would keep his mouth shut. The sun will come up tomorrow, dont worry

Nick :

It’s all built on fraud it’s a scammy system. We need better system with transparency and audits

Werewolf777 :

When other countries cash in their USA bonds, like Japan just did.

JC :

Winning