Mortgage Gumbo

So you Offer was accepted, and you're under Contract. So now what? Never Fear when your Chef Dwayne Stein is here! As always he's bringing you education and options, and today's show is no different. But we kick off today's show talking about Santa Claus....yes. Santa Claus. Later he covers the latest housing, data, the attacks on shipping in the Middle East, and how it affects the US economy. And...

How are Mortgage rates determined? Your Chef Dwayne Stein is going to explain why it's so much more than just a phone call asking..."What are your rates?" The latest CPI Numbers (Consumer Price Index) came out, and Dwayne breaks them down for you. PRE-Qualified Versus PRE-Approved. What's the difference? Those two little words can mean the difference between home ownership and homelessness. All th...

Happy New Year!!! It's time to get Financially Fit! Your Chef Dwayne Stein, as always, brings you education and options on getting yourself financially fit in 2024. Todays main topic is for Homebuyers. What are Contingencies and what do they mean for you when you are purchasing a home. Dwayne also talks about the new BS Report...uh...the B L S Report. Later Dwayne has his weekly segment "Rate Watc...

It's the Final show of 2023! Your Chef Dwayne Stein closes out the year with a look at the future. What will the 2024 Housing Market look like? What can you expect for the value of your home or future home? Later Dwayne explains what the Fed cuts mean for Home Buyers. What is the Lock In Effect, and what does CDC stand for? Finally we close out the year with our last Rate Watch segment brought to...

Merry Christmas from your Chef Dwayne Stein! On today's menu...Why 2024 is Your Year for Home Ownership! Santa Stein dips into his goodie bag for Stocking Stuffers of info for home buyers. Later Dwayne talks about the New Home Sales numbers, and separate's the Headlines from Facts! The new info on Student Loan Debts will boggle your brain. Finally Dwayne does his weekly segment "Rate Watch" brough...

Merry Christmas from your Chef Dwayne Stein. There's still time to join the Gumbo Nation and get registered to win from a cornucopia of prizes! Sign up here---> https://mortgagegumbo.com/ On the menu this week...What is a Gift of Equity? Who can give a gift? How do they work? What types are there? Dwayne will explain it all. Jerome Powell spoke this week, and for once it was some good news. Later...

The Trend is our Friend! Rates are falling, but what does it mean? It means your buying power just increased. Your Chef Dwayne Stein is going to explain how that works, and why it works. Also, for all you homeowners out there. You may just be sitting on a Gold Mine! Later Dwayne goes over the Job Report data aka the BLS Report, or as Dwayne affectionately refers to as the BS Report. Finally we bri...

Rates are Falling, and your Chef Dwayne Stein continues to provide education and options backed with actual data. First off, new existing home sales numbers are out and they're at a 15 year low. New Loan Limits are working in your favor. Later Dwayne explains how to compete in todays market. How can you get the most for your home in this market. Finally Dwayne has his weekly segment "Rate Watch" b...

What is a Point? Specifically a Mortgage Point. What do they do? When do you use them? Well your Chef Dwayne Stein is going to explain it all. The Pro's and Con's and everything in between. Dwayne starts the show talking about the lawsuits that are coming to a town near you. With Independent Mortgage Bankers losing almost one thousand dollars per loan, it could be a pretty big deal. Then Dwayne ta...

Veterans We Salute You! Happy Veterans Day to all our Vets from the Gumbo Nation and your Chef Dwayne Stein. Todays show is for our Veterans. Dwayne is talking everything VA Loan related. He's gonna break down the VA Loans like no one has done before! Who's eligible? What is it? What type of properties? What are the benefits? How does entitlement work? Of course Dwayne presents his weekly segment...

The Fed pauses...again. But what does that mean? Your Chef Dwayne Stein breaks it down for you. The new Jobs Report is in. But why must they Lie?!?! Dwayne does a Deep Dive into the report data, and explains why they feel the need to lie. Later Dwayne presents a few new programs for potential home buyers, and his weekly segment "Rate Watch" brought to you by Tito's. All that and more on Mortgage G...

Happy Halloween from the Hulkster! It's not just Halloween Season, but Halloween Buying Season! Why is now the best time to buy a new home or duplex? Most house sales happen in March and April, but the Hulkamaniac is going to tell you why you should look during the winter. Later Dwayne explains where all the money has gone, and why 84 Billion doesn't just get lost in the couch cushions. Later Dway...

This week your Chef Dwayne Stein wants you to Follow the Money! Projections indicate 2 million dollars less in sales. Which means Banks are doing less loans. So the question is "How can we rejuvenate the Market?" Here's where the procrastinators win. Banks have reduced the down payment from 20 percent to a whopping low of 5 percent. Now you can be a Real Estate Mogul too! Later Dwayne takes your q...

On today's menu, your Chef Dwayne Stein is talking about the war in Israel and it's impact on the US Housing Market. Dwayne has been saying for years that World strife will always affect the Market. In this particular case we are seeing an immediate effect on Gas Prices. But we are also seeing rates drop. Later Dwayne responds to your questions via email and social media. Finally, Procrastinators...

Today we're doing a financial mirror check. What's going on with Debt and where are we at with it. Then we discuss what is your Household rate. Not your mortgage rate, but your household rate. The latest jobs report is in as well, and what that means for your Savings. Finally we take your questions via social media, and our weekly segment brought to you by Tito's Rate Watch. All that and more on M...

OMG! What's up with Home Values? We have the Highest rates in a decade...how does that affect my homes value? Never fear, your Chef Dwayne Stein is here! Also on today's menu Dwayne shares the PCE numbers and gets cohost James Parkers rosy optimistic opinion. Then we find out what the impact of Student loans will be. Finally Dwayne has a very special guest on to talk about the 4th Annual Bluesberr...

This week your Chef Dwayne Stein is talking about Reverse Mortgages. What are they? What are they good for? Will the bank swoop in and take your house? Dwayne and cohost James Parker explain it all. They also dissect what the Fed had to say this week and give you the latest housing information. Specifically, existing home sale numbers versus new home sale numbers. All that and more on Mortgage Gum...

On this Day in History, Nine Years ago, The Gumbo Nation was Born! Mortgage Gumbo with Dwayne Stein celebrates nine years on the air, and it's all for YOU! The Gumbo Nation! Bringing you education and options for 1 year shy of a decade! Dwayne and cohost James Parker reminisce about the old days and start of the show, from picking Theme Music and the Origin story of the infamous DAT CAM! Later the...

On today's menu your Chef Dwayne Stein is serving up some Down Payment information. How much do you need to put down? What is a Down Payment and what does it do? What are the Types of down payments. What programs assist with down payments and where do they come from? Also cohost James Parker and Dwayne talk about the start of Football season, Fantasy football, Lakeshore Titan football, and next we...

This week your Chef Dwayne Stein puts the real world on hold. Forget about inflation, rising rates and schmuckatelli's. Let's Talk Fantasy Football!! Once again the Doctor of Fantasy Football, Jason Fontenelle joins the show to share his best Picks, Busts, and Tips for a successful Fantasy Season. Who are his Top Ten Picks? Who are his best RB's and WR's? Finally, he offers his tips for a successf...

The Queen of Insurance Collette Biedenkopf is LIVE In Studio. From Hurricanes to Wildfires, to Insurance Renewal Costs Skyrocketing. Are they raising this rates for profit alone? Your Chef Dwayne Stein and the Queen explain the "why" of Insurance rates and renewals rate hikes. Also, is the Insurance of Last Resort worse than the big name companies. The answers might surprise you. To get in touch w...

Your Chef Dwayne Stein has a very special guest in studio today. Jeff LeSaicherre of Fleur de Lis Law & Title. He and Dwayne discuss all the great ways Fleur de Lis Law & Title can help to make your home buying process as easy as possible. Dwayne asks him about all the other services they provide. Such as Estate Planning, what is or is not acceptable as a last will and testament. He even talks abo...

What do first time home buyers need to know? Well your Chef Dwayne Stein has the answers. In a special treat cohost James Parker has traveled all the way from Bug Tussle to be live in studio today. Before the guys tell you what 1st time home buyers need to know they dig into the latest data on National Credit Card debt, and what it means for you. One trillion dollars in debt may sound like a lot.....

What's a Budget? What goes into it? What counts towards your budget? What doesn't apply? Cell phone bills? Insurance? Utilities? Your Chef Dwayne Stein breaks it all down. He and cohost James Parker breakdown the loan categories that best fit your budget, and what it takes to qualify. The guys share a story about a bad decision that cost someone a lot of money. Tito's Rate Watch and the Jobs Repor...

Dwayne starts off todays show with a huge "Thank You" to the Gumbo Nation. The Fed Raises Rates. What does that mean for you? Your Chef Dwayne Stein breaks down the latest data provided from the Fed Chairman. Later Dwayne and cohost James Parker dig into the latest inflation numbers, and the GDP (Gross Domestic Product) numbers are in as well. Finally the guys discuss Foreclosures, and end the sho...