Episode
Japan Just Crushed Your Home Value (No, Really. They Did)
- Podcast
- Liberty Lockdown
- Published
- Sep 27, 2026
- Duration seconds
- 1855
- Processing state
not_requested
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Summary
Sponsor Info: 1. Download Kalshi. Use code LOCKDOWN to get $25 when you trade $25. https://kalshi.com/ 2. See if a gold IRA is the right move for you - go to Http://LockdownGold.com or text “Liberty" to 35052 to get your free guide from Augusta Precious Metals. The Fed hiked 25 basis points. Your 30-year mortgage did not wait for permission. In this Liberty Lockdown breakdown, Clint Russell explains why long-term rates ripped toward 7.5% before Kevin Warsh’s FOMC even moved, how the 10-year Treasury — not the overnight funds rate — prices your house payment, and why the yen carry trade, Bank of Japan hiking, and a $40 trillion national debt are starving the bid for U.S. duration. He walks through the lock-in effect, frozen transaction volume, forced sellers on HELOCs and bridge debt, and the quiet path from originations drying up to a credit shock and banking contagion. If rates stick or grind toward 8%, affordability dies a second death, builders will not build, and price discovery finally hits the inventory sitting on the sidelines. This is the housing, rates, and dollar map — plus why he’s holding dry powder in T-bills instead of chasing record-high stocks and record-high homes. 0:00 You won the 3.5% mortgage lottery 0:28 Why only 35% of people under 35 own a home 0:48 The Fed hike everybody already priced in 1:18 Inflation, Hormuz, and the first Warsh hike 2:05 The Fed does not set your mortgage rate 2:48 The 10-year just made a 2007 high 3:20 7.2% to 7.5% in a week 3:55 The yen is in your house payment 4:30 Yen carry trade: the world’s ATM is clogged 5:05 Japan stops subsidizing Washington’s deficit 5:40 Carry unwind → Treasuries sell off → mortgages rip 6:05 Energy shock, $40 trillion debt, global duration strike 7:20 The bond market hiked first. The Fed is…