18 Jan 2024 1/18/24 – Interest rate trends – Marip... Every once in a while, I get bored, and I start to look at numbers and geek out on what I see, and then I like to share it with the fine people of this community. From the mortgage meltdown to the pandemic, 2009-2019, interest rates averaged 4.185%, with the lowest year being 3.65% in […] Share on Facebook Share on Twitter
16 Jan 2024 1/16/24 – Have your buyers buy with cash, th... We now have a cash buyer program where a buyer can purchase a property with cash and refinance after they close. Yes, there are fees, and the buyer will be paying a premium interest rate, but say you have a buyer putting 5% down and is pre-approved with us. We will show proof of funds […] Share on Facebook Share on Twitter
11 Jan 2024 1/11/24 – What do we do if we can’t ge... Happy Thursday, and I hope you have had a great week. We started the week out pretty slow, but things picked up quite a bit yesterday. Let’s hope that continues the rest of the year through 2035, LOL! I think I have harped on the condo issues with Insurance quite a bit over the […] Share on Facebook Share on Twitter
9 Jan 2024 1/9/24 – Lender Paid 1/0 Buy Down Everyone should be back to work now; it is time for a long Martin Luther King holiday weekend! LOL! Let’s make this a working weekend! Many buyers are on the fence, waiting for rates to go down further! Since we all believe that rates will go down. One way to get clients off the […] Share on Facebook Share on Twitter
4 Jan 2024 1/4/24 – Condo’s – Your listing ... Condo update! Very important!!! We have a couple of Non-warrantable lenders that lend money to complexes on the naughty list! Most of those condos/townhomes are on the list due to lack of insurance, and now the biggest lender that gave us no hassles is pulling out of specific complexes due to oversaturation and risk! Below […] Share on Facebook Share on Twitter