Today in Mortgages

Today in Mortgages Rich Jefferson is here in the studio! Several news articles today are talking about prices coming down. The tide is shifting, and sellers are starting to concede on home price with cuts. A contributing factor is the increasing inventory, but even with price cuts, home price growth is still above average. This is great news for your buyers who need prices to soften with these high interest rates. 

Tune in to this episode to gain a deeper understanding of the current market dynamics and discover how you can better support your clients in achieving their homeownership dreams. Whether you're a seasoned professional or new to the industry, this discussion offers valuable insights to help you navigate today's real estate landscape.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Today in Mortgages we dive into whether we may be seeing lower home prices this year. Fox business, states that home prices are being "slashed" in today's article. The article finds that prices are slowing due to more competition amongst sellers. There is still record low inventory even if prices are softening. Fannie Mae believes interest rates will remain at or above 7% this year, so home prices are going to have to keep coming down. 

Some key points, that effect inflation coming down:
- PCE staying low
- Jobs opening at three year low
- Home price going down

Even though times are weird in the real estate market, American still want to buy homes! 

Tune in to this episode to gain a deeper understanding of the current market dynamics and discover how you can better support your clients in achieving their homeownership dreams. Whether you're a seasoned professional or new to the industry, this discussion offers valuable insights to help you navigate today's real estate landscape.

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To learn more, read today's article: https://www.foxbusiness.com/economy/us-house-sellers-cutting-prices-first-time-over-year

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Grow Your Business: https://join.nflp.com/
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

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Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Today, we are talking about inventory! Inventory is increasing with more people actively selling their homes, up to 740,000, according to "The Fred Economic Data." Active listings have nearly doubled from two years ago, but rates have stayed high, meaning we are still in a sellers market, but prices won't skyrocket. Tune in to this episode to gain a deeper understanding of what these current market conditions mean for your clients and how to help them navigate these waters.
 
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Grow Your Business: https://join.nflp.com/
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

_____

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Welcome back dream-makers! Today in Mortgages we are discussing Gen Z's continued presence in the real estate world. Today's article from Redfin states Gen Z took out 40% of real estate loans in 2023. They are now the predominate buyers. As mortgage professionals, we need to know how to offer, sell and market to these Gen Z borrowers who are ready to buy. To learn more, read today's article: https://www.redfin.com/news/gen-z-millennial-mortgages-2023/?utm_source=www.mortgagenuggets.com&utm_medium=newsletter&utm_campaign=cfpb-chair-says-he-is-open-to-reviewing-the-lo-comp-rule
 
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Grow Your Business: https://join.nflp.com/
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Welcome back dream-makers! Today in Mortgages we are discussing the return of summer home buying. Today's article states that last years home sales hit a record low since 1995, and predicts there will be a 9% increase in 2024 and even more in 2025. Buyers are realizing the reality of interest rates aren't changing drastically anytime soon, and they are beginning to buy again.

As mortgage professionals, we need to be updated on today's market so we can best coach our borrowers. To learn more, read today's article:
 https://houstonagentmagazine.com/2024/05/08/lawrence-yun-outlook-housing-industry/?utm_source=emailoctopus&utm_medium=email&utm_campaign=5.20%20HOU-AU  


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Grow Your Business: https://join.nflp.com/
______

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Join us on Today In Mortgages as we unpack the question: What's happening with vacation home mortgages? In this episode, we dissect the recent decline in demand for vacation home loans and explore its implications for the industry. Here's what you can expect:

• The impact of pandemic migration on second home purchases.
• Policy changes affecting the availability of second home financing.
• Shifts in market dynamics favoring first-time home buyers.
• Challenges and opportunities for real estate professionals amidst changing trends.

Don't miss out—hit play now and stay informed with Today In Mortgages!

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Read today's article: https://www.washingtonpost.com/opinio...

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Grow Your Business: https://join.nflp.com/
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Is co-borrowing a good idea? In this episode, we delve into the intricacies of co-borrowing in the realm of mortgage and real estate. Tune in as we explore several key points:

• The benefits and risks of co-borrowing.
• How co-borrowing affects credit scores and loan eligibility.
• Strategies for maximizing the advantages of co-borrowing while minimizing the risks.
• Important considerations when entering into a co-borrowing arrangement.
• Real-life examples illustrating successful co-borrowing scenarios.

Join us for an insightful discussion that unpacks the complexities of co-borrowing and provides valuable insights for mortgage and real estate professionals. Tune in now to gain a deeper understanding and make informed decisions in your practice.

Read the original article here: https://www.cnet.com/personal-finance/mortgages/advice/more-people-are-buying-homes-with-friends-siblings-or-romantic-partners-should-you/

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Grow Your Business: https://join.nflp.com/

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FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at http://nflp.com/licenses for all state licensing and other legal information. See more at http://TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site, http://nflp.com

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Will Rates Go to 10%!? Dive into the latest episode of our podcast where we unravel the possibilities of the mortgage market. We'll discuss:

• The current economic indicators shaping interest rates.
• Insights into Federal Reserve policies and their impact on mortgage rates.
• Strategies for mortgage and real estate professionals to navigate changing rate environments.
• Expert predictions and analysis on where rates might be headed next.

Join us for an insightful discussion that will empower you to make informed decisions in today's dynamic mortgage landscape. Tune in now to stay ahead of the curve! 

Read the original article here: https://www.hud.gov/press/press_releases_media_advisories/hud_no_23_043

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Grow Your Business: https://join.nflp.com/

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FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing

_________

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at http://nflp.com/licenses for all state licensing and other legal information. See more at http://TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site, http://nflp.com

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Ever wonder how the recent Federal Reserve update impacts the mortgage and real estate landscape? This episode dives deep into the question: "No News Actually IS News."

Join us as we uncover:

• Key takeaways from the latest Fed policy statement.
• Implications for mortgage rates and housing market trends.
• Strategies for adapting your business approach in response to Fed decisions.
• Expert insights into market reactions and potential future scenarios.

Ready to stay ahead of the curve in an ever-changing industry? Tune in now to gain invaluable insights from industry experts!

Read the original article here: https://www.mortgagenewsdaily.com/markets/mortgage-rates-05012024 

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Grow Your Business: https://join.nflp.com/

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FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing

_________

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at http://nflp.com/licenses for all state licensing and other legal information. See more at http://TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site, http://nflp.com

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Are buyers ready to seize the opportunities of the spring housing market? In this episode, we’re discussing the BIG question: How are rising mortgage rates impacting the spring market? Key points:

Understanding the dynamics of the current spring buying season amidst fluctuating mortgage rates.
Exploring the implications of market volatility and its effects on homebuyers and sellers.
Flipping the narrative on rising rates: uncovering the hidden opportunities for buyers in a shifting market.
Providing strategic advice for mortgage professionals to guide clients through uncertain times and make informed decisions.
Offering actionable tips for navigating the evolving real estate landscape and positioning yourself for success.
Tune in to Today in Mortgage and stay ahead of the curve in the dynamic world of real estate and mortgage lending.

Read the original article here: https://www.cnbc.com/2024/04/29/how-mortgage-rates-have-influenced-the-spring-housing-market.html 

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Grow Your Business: https://join.nflp.com/

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FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing



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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at http://nflp.com/licenses  for all state licensing and other legal information. See more at http://TodayInMortgages.com  Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site, http://nflp.com

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site. 

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.