Freddie Mac Reports 6.84% Mortgage Rate As Grant Cardone Warns Of Homeownership Crisis

Grant Cardone is getting vocal about housing. The real estate mogul and entrepreneur took to Twitter with strong words on the topic. “The average rate on a 30-year fixed mortgage is 6.84% this week,” he tweeted, citing Freddie Mac data. “The 7th weekly increase over the past eight weeks. If this continues, homeownership is OVER in America.” Don't Miss: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties lik