Buckle up -- Matt Denning joins Bronson Kaufusi and MattyP in the HIG podcast studio again! If there is one undeniable fact about Matt Denning, it is that he understands financial markets better than anyone else. Just listen to this guy and tell us we are wrong.
In this episode, Matt offers a solid look at our current financial markets and discusses possible trends that we may see in the coming months. With the announced federal rate cut, the elections looming on the horizon, and the financial market being infused with anticipation and uncertainty, this episode couldn't have come at a better time.
While discussing the lending market, we shift gears and talk about Bear Lake Vistas, Harris Investment Group's land development project at Bear Lake in Garden City, Utah. Bear Lake Vistas is the first lake retreat and ski resort hub in Garden City. These exclusive townhomes utilize cutting-edge thermal graphene radiant heat technology in the walls, floors, and ceilings, making them extremely energy efficient. They also offer year-round amenities that include an indoor pool, golf simulators, pickleball courts, bowling alleys, hot tubs, and rooftop use on every unit.
Lastly, do you know what the average duration of a 30 year mortgage is? Here's a hint... it's not 30 years. Tune in to hear the answer!
Additional show notes: interest rates, aloha, Provo, Utah, federal rate cut, FDIC, risk premium, equity markets, VIX index, MOVE index, prime rate plus, interest rates, multifamily, bridge loans, truck stops, lending markets, Utah Hockey Club.
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