Summary
Good news in the mortgage industry! Interest rates are down and refinance applications are up! A sorely needed rate drop has swept the mortgage industry and rates are now in the 6.88% range. Today’s show covers why this happened, who should take advantage of this, and who’s better off to stay to the sidelines and wait. Download today’s episode and see how we can help you getting a mortgage and learning about the right time for you today.
Chapters
00:00 Introduction to the Current Housing Market03:00 Mortgage Refinance Demand and Interest Rates05:45 Understanding Mortgage Rates and Points08:38 The Importance of Pre-Approval in a Volatile Market11:39 Who Should Refinance and Buy Now?14:18 The Complex Relationship Between Rates and Housing Prices17:21 Future Trends in Real Estate and Market Movements19:06 Conclusion and Contact Information
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