In this episode Manny interviews Rohan with UFCU lending. Â Â In this episode Rohan and Manny discuss what it means when the Federal Reserve drops the lending rate, and the Austin economy. Â Â Â
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If you'd like to skip here are some minute marks:
1:20 Start of discussion into the Federal reserve rate. What does it mean for you as a consumer when purchasing or refinancing a home? What happens when the federal reserve talks about the economy and whether or not there is a need to lower the federal interest rate
4:30- Rates in 2018 to where they are now.
5:45 What happens when investors start pulling money out of the stock market and into bonds. 8:00 When is it advantageous for you to refinance? 10:00 The Austin economy
13:00- How do you lock a rate? and how long does the rate last.
15:00- What is considered and excellent credit score and a minimum to buy? How long should you be in a job to qualify for a home? 17:30 Rohan’s thoughts on what Austin holds in 2020.
21:00- Ending of the show and a rapid fire question game with Rohan regarding Austin.
Rohan Kothare | NMLS# 888266
Senior Mortgage Loan Officer
UFCU Mortgage ServicesÂ
8303 N MoPac Expy, Austin, TX78759
(512) 507-6879
[email protected]
www.ufcu-rohankothare.com