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"The Pivot" Thriving in this New Market
This is a Market Transition, we are going back to our norm. We all are seeing it, Mortgage Rates are returning back to the 4s-5s. At the most basic level, mortgages are like bonds. Movement in the bond market generally translates to movement in mortgage rates. Our Market has been stimulated for 2 years and we all knew we can not maintain rates that low forever to have a stable market. Not to go too deep into why let's discuss what can we do in this new market? Let's discuss 5 ways that can help you Pivot in this new market.
1. Re-Evaluate your Purchase Price/Pre-Approval
2. Lock your Rate, bad time to float
3. Consider Shopping for lower premiums with a great policy
4. Pre-Approval and Loan Commitments
5. "Ignore the noise from the outside"
Subscribe to my new Youtube channel, "The Mortgage Motivation Podcast"
https://www.youtube.com/@TheMortgageMotivationPodcast
Click the link below to get
Gary's Digital Business Card
Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
[email protected]
www.affluentmtg.com
By Gary A. Taylor"The Pivot" Thriving in this New Market
This is a Market Transition, we are going back to our norm. We all are seeing it, Mortgage Rates are returning back to the 4s-5s. At the most basic level, mortgages are like bonds. Movement in the bond market generally translates to movement in mortgage rates. Our Market has been stimulated for 2 years and we all knew we can not maintain rates that low forever to have a stable market. Not to go too deep into why let's discuss what can we do in this new market? Let's discuss 5 ways that can help you Pivot in this new market.
1. Re-Evaluate your Purchase Price/Pre-Approval
2. Lock your Rate, bad time to float
3. Consider Shopping for lower premiums with a great policy
4. Pre-Approval and Loan Commitments
5. "Ignore the noise from the outside"
Subscribe to my new Youtube channel, "The Mortgage Motivation Podcast"
https://www.youtube.com/@TheMortgageMotivationPodcast
Click the link below to get
Gary's Digital Business Card
Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
[email protected]
www.affluentmtg.com