How Do High Home Mortgage Rates Affect Families and Banks? | LPP 62 w Dory Wiley

Today, I'm joined on the "Let People Prosper Show" by Dory Wiley, president and founder of Commerce Street Holdings, LLC. We discuss: 1) Why he believes an economic bust is coming based on lending activities and economic indicators, and where there's corruption in the banking industry; 2) How high home mortgage rates after low rates during the pandemic are restricting supply, and how this affects the housing market; and 3) How the U.S. can rebuild its waning creditworthiness by Congress balancing the budget and putting taxpayer dollars to better use, and his thoughts on the Teacher Retirement System of Texas. If you enjoyed the show, please rate it 5 stars, write a review, and share it on social media. For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter on Substack (www.vanceginn.substack.com).

Om Podcasten

What works best to let people prosper? Join leading free-market economist Vance Ginn, Ph.D. as he works to understand this question through weekly interviews with interesting people on Tuesdays and weekly economic updates on Fridays. His insights build on past lessons, being president of Ginn Economic Consulting, and contributing to more than 15 think tanks while formerly teaching economics in academia and serving as chief economist of the White House's OMB. Dr. Ginn is a Christian, husband, father of three kids, classical liberal, and rock drummer who resides near Austin, Texas.