Barry Habib Bio | Wiki
Barry Habib is a popular American entrepreneur and bestselling author who is the founder and CEO of MBS Highway. He is also the CEO of Highway.ai. Barry is the winner of three Crystal Ball Awards for the accuracy of his real estate market forecasts. While recognized for his contributions to the housing industry and financial forecasting, Barry also achieved success in the entertainment industry as the lead producer of Rock of Ages Band with Constantine Maroulis.
Barry’s Amazon #1 bestselling book, Money in the Streets is a never-ending testament to how overpowering negative forces result in living our greatest potential. Previously, Barry worked as a VP and Chief Market Strategist at Residential Finance from 2012 to 2014. Barry also worked as a Chief Strategy Officer at RPM Mortgage Inc. He was also the CEO of The Mortgage Market Guide and CEO of Certified Mortgage.
Barry Habib Age
Barry was born on January 15, 1960, in Brooklyn, New York, in the United States. He is 63 years old. Barry celebrates his birthday on January 15, every year.
Barry Habib Height
He is a man of above-average stature. Barry stands at a height of 5 ft 9 in ( Approx. 1.75m ).
Barry Habib Parents
He was born in Brooklyn, New York, to immigrant parents. Originally of Spanish descent, Barry’s family had settled in Turkey many generations prior to his parents immigrating to America. His father, who served as an international journalist spoke eight languages and he died when Barry was aged 11 of a massive heart attack.
Barry Habib Wife
Barry was married to his wife Toni (née Toni Billand) and divorced in 2016. He has four children named Dan, Nicole, Jake, and Jared. Barry is currently a resident of New Jersey. He is currently dating his girlfriend Rosa.
Barry Habib Education
After completing his primary and high school education, Barry studied at Baruch College.
Barry Habib Mortgage Rates | Mortgage
He started his profession as a loan originator in 1986 and created Certified Mortgage Associates in 1989, a mortgage provider in Monmouth County, NJ. He was known as the nation’s top mortgage loan originator in 1992. In his career, he closed more than $2 billion in personal production.
Afterward, Barry was hired as a National Sales Trainer by two mortgage companies, CTX and GMAC. Barry remained a loan originator until 2007. He founded The Mortgage Market Guide in 2001, a product designed to assist loan originators to more accurately anticipate market trends via analysis of the industry, the bond market, as well as Japanese Candlestick Charts, a 300-year-old market indicator.
Barry Habib 2022 Forecast
He predicted a 10% drop in stock prices in 2022 too. He reminded us that the Fed is going to both hike short-term (Fed Funds) rates and proceed to taper (stop buying mortgages and government bonds) in 2022.
Barry Habib Market Update
As an innovator, Barry has purchased and sold many successful businesses such as Mortgage Market Guide, CPMS, Certified Mortgage Associates, as well as Healthcare Imaging Solutions. He was a founding partner in Experience.com.
MBS Highway Barry Habib
Specifying an industry in need, his current focus is MBS Highway, which he founded in 2012 with the vision of interpreting and predicting activity in the mortgage rate and bond markets. Barry’s insights are so highly regarded that he appears frequently on Fox Business Network and CNBC Networks, alongside thousands of mortgage professionals. Barry’s Monthly Mortgage Report show ran for 13 years on Squawk Box. Consistently known by his friends, he was named the St. Armand Ventures 2021 Businessman of the Year, shown on the Mortgage Global 100 List, and secured a place on the 100 People to Watch in 2023.
Barry Habib House
He resides in his house in Colts Neck, NJ. Barry is recognized for his contributions to the housing industry and financial forecasting.
Barry Habib May 10 2023
He, in particular, predicted that May 10, 2023 was the “big day” when people noticed a major drop in rates due to the way inflation data and year-over-year comparisons shook out.
Barry Habib Predictions | Predictions 2023 | 2023 Forecast
In 2023, people expected interest rates to drop closer to 5% thanks to continued decreases in inflation and an economic slowdown. Also, the number of new households decreased to about 1.4 million annually as 2023 started. If price appreciation remained stagnant, mortgage will remain at $440,000, but the monthly payment will decrease to $2,362 – only an $807 increase from 2021.
Barry Habib Certified Mortgage Advisor
In 2012 he founded MBS Highway to offer support for loan originators and real estate professionals via their website. Barry’s Certified Mortgage Advisor (CMA) course is popular for elevating the level of professionalism and mortgage knowledge in the industry.
Barry Habib Money In The Streets
His #1 Amazon bestselling book, Money in the Streets, is over one man’s journey in hard-knocks New York. It’s over the recounting of risking it all to win. Told with heart and laced with the sentiment of tremendous gratitude, he deftly weaves tales of his growing to take the reader back in time. Of specific note are the mindset tactics in Money in the Streets that are road-tested and personal practices of Barry who treats every day as a reason to be thankful. Despite the struggle, either self-doubt, negativity, loss, stress, or being “stuck” in life, Money in the Streets is a change roadmap.
Barry Habib Youtube
In a segment of The American Dream, he shares his insights on one of the most significant economic factors affecting the housing market: inflation. Drawing on Barry’s years of experience in the mortgage industry, he discloses the secrets of inflation, such as previous examples and its impact on mortgage interest rates.
Barry Habib Recession
His point is that a recession is all but certain whenever unemployment decreases below 4% and inflation (CPI) moves more than 5% (where we are now). Barry points out again how higher rates foster demand destruction, which also will result to a recession.
Barry Habib Net Worth
He gets his wealth from his work as an entrepreneur and bestselling author who is the founder and CEO at MBS Highway. Therefore, Barry has accumulated a decent fortune over the years. Barry’s net worth is $20 million.
How Old Is Barry Habib
Barry is a 63-year-old who was born on January 15, 1960, in Brooklyn, New York, in the United States. Barry celebrates his birthday on January 15, every year.
Is Barry Habib Married
No, however, he is in a relationship with his girlfriend Rosa. Previously, he was married to Toni (née Toni Billand) prior to divorcing in 2016. Barry has four children named Dan, Nicole, Jake, and Jared.
Who Is Barry Habib
He is an American entrepreneur and a regular media resource for his mortgage and housing insight. He works as a chief market strategist for Residential Finance. Currently, he is the CEO of MBS Highway; a company and platform formed to help interpret and predict activity in the mortgage rate and bond markets.
Barry Habib Social Media Handles
Twitter – @barryhabib
Instagram – iambarryhabib