
People, Not Titles
The 7% Mortgage Shock Is Here - What Happens Next?
The Fed has raised rates for the first time in three years, and 30-year mortgages are now hovering around 7%. In this week's Market Trends episode, Matt Lombardi and Steve Kaempf break down what the hike means for buyers, why refinancing has dropped 65%, and how to protect yourself with smart rate shopping. Plus: multifamily construction falls 22.5% in August, pending home sales edge up 0.3%, cities like Indianapolis and Rockford are cutting red tape to build faster, and how AI and coordinated service teams are changing the way agents win clients. New episodes of Market Trends drop every week — subscribe so you don't miss the next one. #MortgageRates #FedRateHike #HousingMarket2026 #RealEstateNews #MarketTrends #7PercentMortgage #HomeBuilders #RealEstateInvesting #ChicagoRealEstate #RealtorLife #peoplenottitles Full episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues. Our Success Series covers principles of success to help your thrive! Website: http://peoplenottitles.com/ YouTube: https://www.youtube.com/@peoplenottitles/videos Instagram: https://www.instagram.com/peoplenottitles/ Linkedin: https://www.linkedin.com/in/stephen-kaempf-b66a8013/ X: https://x.com/sjkaempf Spotify : https://open.spotify.com/show/1uu5kTvBhxsbgjskQS1SXK

