Our 2024 Mortgage Hopes
Manage episode 390481716 series 3460347
Today on "Today In Mortgages" we discuss a sound bite from NPR's Marketplace Podcast that discusses whether high home pricing is the cause of pessimism concerning the economy? As we've seen inflation come down, the Fed has raised rates to accomplish that. The one exception to that is housing. Anytime you bump interest rates, you're going to see inflation in housing. But, we think the the worst is over, and the end is near based on the Fed's meeting last week.
As mortgage professionals, we need to make sure we are informed about the housing market, so we can coach our borrowers and help them succeed!
Listen in as we break down today's news!
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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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