Rebecca Mapston | Wednesday Meetings With The Mayor
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Wednesday Meetings With The Mayor

Wednesday Meetings With The Mayor

Wednesday Meeting with the Mayor – at Missoula County Library.

This month the meeting with Mayor Engen was centered around housing and the lack there of. We had the chance to discuss affordable housing and housing shortage. As a Mortgage Specialist by trade with 20 years experience, I have lived & worked through the last housing bubble burst/ recession etc. My team worked daily to stop foreclosures and help homeowners keep their home. We are living in unrealistic times with the rates as low as they are. We are are living on rates from our last recession, adding into the equation overinflated home values caused from the pandemic. The market must reset itself. That is why with this inflation we are currently experiencing, the feds are beginning a series of rate increases. Sadly this will lead us back to a recession. Listen in as I ask the Mayor how he is preparing for this inevitable period coming down the line.https://fb.watch/bZTot55P8J/