Ep. 238 Scott Bessent - Real Estate’s Unsung Hero

17 Mar 2025 • 11 min • EN
11 min
00:00
11:09
No file found

Like and subscribe to “What’s Your 1 More” Podcast! Is the economy heading for a slowdown, or are we just in a detox phase? In this episode, we break down Treasury Secretary Scott Bessent’s recent statements on government spending, mortgage rates, and how homeowners can navigate the shifting credit market. We discuss the rising delinquencies in auto loans and credit cards, what they mean for the housing market, and why the administration is focused on bringing down the 10-year treasury. Homeowners, this could be your opportunity to leverage home equity and stay ahead. "The administration's turning its attention to the 10-year treasury… someone finally gets it!" – Quinton Harris Connect with us:
 Youtube: https://www.youtube.com/@whatsyour1more
 Apple: https://podcasts.apple.com/us/podcast/whats-your-1-more/id1647180355
 Facebook: /whatsyour1more
 Twitter: /whatsyour1more
 Instagram: /whatsyour1more
 Spotify: https://open.spotify.com/show/37zPGizSKOGid1NVnm92i5 If you enjoyed this episode, please like, subscribe, and share your thoughts in the comments—your feedback and engagement mean the world to us and help shape future episodes of “What’s Your 1 More”! Thank you for being part of our community! Data Resource: Fitch Ratings Chart: Axios Visuals [00:00:00] – Welcome to Episode 238 [00:00:10] – Is Scott Bessent the unsung hero of real estate? [00:00:35] – The administration’s focus on lowering the 10-year treasury [00:01:00] – Scott Bessent’s take on government spending and the economy [00:01:40] – The “detox period” and expected economic slowdown [00:03:25] – Rising delinquencies in auto loans and credit cards [00:04:55] – Breaking down prime vs. subprime auto loan delinquencies [00:05:50] – Why housing and consumer credit markets are different [00:07:00] – Credit card debt, minimum payments, and household budgets [00:08:10] – What does “canary in the coal mine” mean? [00:10:30] – The administration’s strategy to lower mortgage rates [00:11:00] – Will mortgage rates unlock the housing market soon? [00:11:15] – Closing thoughts and how to stay connected

From "What's Your 1 More?"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories