The Massive Impact on Realtors and Lenders! ⚠️ Inflation alert! 📈 Is Your wallet feeling a bit lighter? Mortgage rates are heading into the 7's! 🏠💸 Brace yourself, as there are more rate hikes ahead! 📊🚀 Dive in with me as we unravel the fallout and impact on Realtors and Loan Officers 🏢💼, and what this means for YOU! 🎥🔥 This isn't just talk; we've got the graphs to show you! 📈👀 From the Great Recession of '04-'06 to now, the economic roller coaster continues 🎢⏳. Ever wondered what happens when mortgage lenders are losing money on every loan? 🤔💰 The industry feels the heat, and we're right there with them, breaking it down one piece at a time! 🕵️‍♂️🔍 Homebuyers, Realtors, Lenders...we're all in this together 🤝💔 But remember, neither good nor bad times last forever! Show Links: Interest Rate Hikes: Comparing Their Speed from 1988-2023 (visualcapitalist.com) The average IMB lost $1,972 per loan in Q1  - HousingWire Housing Market Update: Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget (redfin.com) 30 Year Fixed Mortgage Rates - National Average (mortgagenewsdaily.com) Housing Market Tracker: A wild week for rates - HousingWire Tag an industry pro, share within your team, and post to your local groups & associations!  Love this podcast? Subscribe Today! https://theresource.tv Tag an industry friend or share it on an industry group! Join our thousands of FB fans: http://www.Facebook.com/TheREsource.tv Twitter: https://twitter.com/theresourcetv Instagram: https://www.instagram.com/theresourcetv

Ver todos los episodios