Episode 22: Evolving Mortgage Market and the Impact on Home Prices - Adam Rilander and Joe Allen, Galton / Mariner Investment Group

Given the massive run up in home prices over the past two years and the ensuing spike in interest rates, the future value of our homes is a complex question. The US housing market is one of the largest asset classes in the world. In 2008, it nearly led to the fall of the global financial order. Needless to say, we need to pay close attention to home values, mortgages, and interest rates.  Our guests today dig into these questions and explore the investment opportunities to be unlocked. Adam Rilander and Joe Allen are Portfolio Managers on the Galton Team at the Mariner Investment Group, a $6 billion alternative investment management company. Both Joe and Adam each have 20 year careers on Wall Street in mortgage trading and research – Adam with a focus on agency mortgages backed by government entities and Joe in mortgage credit – mortgages backed by individual borrowers. As you’ll hear in this conversation, each brings a different perspective as we explore how mortgage markets impact the future of how much we pay for and how we afford our homes. 

This podcast was recorded on June 22nd, 2022.  The respective opinions expressed are those of Mr. Rilander, Mr. Allen and the Biltmore Family Office, LLC investment team.  The opinions referenced are as of the date of this podcast and are subject to change without notice.  This material is for informational use only and should not be considered investment advice. The information discussed herein is not a recommendation to buy or sell a particular security or to invest in any particular sector.  Forward-looking statements are not guaranteed.  BFO reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs and there is no guarantee that their assessment of investments will be accurate.  The discussions, outlook and viewpoints featured are not intended to be investment advice and do not take into account specific client investment objectives.  Before investing, an investor should consider his or her investment goals and risk comfort levels and consult with his or her investment adviser and tax professional.  

Biltmore Family Office, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about BFO’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.