Knowledge Brokers Podcast

The Tactics Agents Must Master Before 2024 | Knowledge Brokers Podcast 047


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Byron Lazine, Lisa Chinatti, and Tom Toole discuss the drop in mortgage rates, leveraging rate drops and stability to switch up your scripts, mortgage rate and home price predictions for 2024, and future-pacing with your clients at listing appointments.


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Resources:

https://www.fhfa.gov/DataTools/Tools/Pages/Conforming-Loan-Limit-Map.aspx

https://www.resiclubanalytics.com/p/morgan-stanley-2024-housing-market-poised-improvement-affordability-seen-handful-times-past-35

https://www.resiclubanalytics.com/p/zillow-walks-back-bullish-2024-home-price-forecast


Timestamps:

00:00–00:34 Intro

00:34 Rates have come down

01:27 The FHFA has increased conforming loan limits to $766,550 in 2024

02:36 Leveraging consistency & rate drops to switch up your scripts

07:55 The more specific you are with today’s consumer, the better/

13:26 Know your local rates and conforming loan limits (some are higher)

16:27 Pay attention when your lending partners are talking about changing products.

17:42 Morgan Stanley & ResiClub (Lance Lambert) on housing affordability

26:50 Zillow forecast for 2024

33:05 Future-pacing with sellers at listing appointments


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Connect with Byron Lazine: https://www.instagram.com/byronlazine

Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/

Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/


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#mortgagerates #conformingloanlimits #housingaffordability

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