Did you know that for every drop of 1% in interest rates on a home loan allows 5 million more people to qualify for the same home? For example, if the rate drops 1% and you want to put an offer on a $350,000 home, 5 million more people also qualify for that same $350,000 home. That's a lot more c
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03/13/2023
The 2023 Housing Forecast is looking great! Lower inflation Recession-like slowdown Incomes increasing to help affordability Very tight inventory environment Rents still expensive and rising (source: MBSHighway.com)
03/09/2023
Let your clients who want to purchase a home but are weary due to the rates know these facts: Inflation and mortgage rates will head lower once shelter costs catch up You want to be a buyer before things turn around, as seller are fearful right now and there is less competition Use the current hi
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03/08/2023