The Educated HomeBuyer | First Time Home Buyer Tips, Mortgage Rates & Housing Market Updates

You will regret getting a mortgage in 2024 if you aren't careful. It's really easy to make mistakes when getting a mortgage to buy a house because the timeframes are so quick. How do you avoid making mistakes when getting a loan? What do you need to take into account as a first time home buyer? In this video, we discuss the 5 Mistakes HomeBuyers Are Making When Getting A Mortgage In 2024 t...

Home prices eased to 5.1% annually in April while housing nearly 90% of U.S. metropolitan areas now have more homes for sale than at this same point last year, with inventory in 14 of the top 100 markets having returned to pre-pandemic, 2017-2019 levels. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest...

Refinancing your mortgage could be a HUGE mistake. Are you considering refinancing your current mortgage to pay off debt, lower your mortgage payment, get rid of PMI or just get better loan terms? What mistakes should you avoid? When does it make sense to refinance? Should you refinance your current mortgage? In this episode, we discuss 5 Things NOT to Do When Refinancing as we help you become bec...

The Costs Of Waiting are hurting those sitting on the sidelines waiting for a housing crash as the latest report from Case-Shiller shows that the National House Price Index Was Up 6.5% year-over-year in March. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping y...

Are you a first time home buyer wondering how much in assets you need when buying a home? What are assets in context of getting a mortgage loan? How long do the assets need to be sourced and seasoned? What happens when your assets are in cash? Which assets can you use to buy a house? In this episode, we discuss assets when getting a mortgage to help you become The Educated HomeBuyer. ✅ - Get conn...

Mortgage Interest Rates are sitting at the lowest level we've seen in a few months with both inflation and employment supporting a slowing economy. While the FED wants to keep interest rates higher for longer, the reality is we've likely seen the peak in 2024. In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment an...

Are you a first time home buyer wondering how to lock your loan? When should you lock your mortgage interest rate? How do you lock your interest rate? What should you consider when locking your loan? In this video, we discussing the mortgage rate lock in detail and answer all your questions around locking your mortgage loan to help you become The Educated HomeBuyer. ✅ - Get connected with us or t...

The Economic Data Shows The Economy Is Slowing Which Has Caused Interest Rates To Pull Back Under 7%. In this random live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you understand how that affects you as a buyer or seller in the 2024 housing market. ✅ - Get connected with us or to a local expe...

More price cuts again this week to 33.7% of the market. There are more listings in the current housing market with price cuts now than in any May in a decade. How will this affect price appreciation? Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you underst...

What's currently happening in the housing market that may affect you as a buyer or seller? What's happening with mortgage interest rates? Should you lock before tomorrow's inflation numbers? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you understand how that affects you...

Housing affordability is sitting at the WORST levels in history while housing supply remains a HUGE issue . Is there a way to fix housing affordability in the United States? What does the future of house prices look like? Where is housing inventory headed? In this episode, we dive into the housing market and housing affordabiltiy with American Enterprise Institute Housing Center co-founder, Ed Pin...

What's currently going on in the housing market that might affect you as a buyer, seller or investor? In this live episode, we are going to discuss the latest housing market information to help you become The Educated HomeBuyer. Tonight's Slides - Posted inside of our community mentioned below. ✅ - Get connected with us or to a local expert in your market, http://www.theeducatedhomebuyer....

The Housing Market Is Showing Signs of Division with housing markets like Florida and Texas showing inventory back to prepandemic levels while the northeast is showing a HUGE deficit in housing supply. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you under...

The Housing Market is starting to shift as higher interest rates are causing inventory to grow BUT the main issue is that housing affordability IS NOT improving. How will this shift help you as a buyer or seller in today's 2024 housing market? In this episode, we discuss what we are currently seeing in the housing market on both the mortgage and real estate side to help you become The Educated...

The new normal for mortgage rates may be higher than many hope with interest rates now hovering the mid 7% range with the high likelihood of moving up from there. This is causing housing inventory to grow which will likely lead to slower and potentiall lower home price growth. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Rese...

Are you a first time home buyer wondering how income and employment works when buying a home? What are the income and employment guidelines when getting a mortgage and why is it important? How does it vary between loan programs? What does the lender require when it comes to employment? How much income do you need to qualify? In this episode, we discuss income and employment guidelines when getting...

Mortgage Interest Rates are back above 7% causing housing inventory to grow over 30% year over year. Will this increase in inventory lead to a housing crash? At the same time, we are seeing price reductions stabilize in the normal area leading to price stability. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well t...

Housing Affordability is near all time lows with mortgage rates sitting near recent highs, home prices have to crash, right? Wrong! The housing market is a function of supply and demand with house prices being sticky to the upside. What does the future of the housing market and house prices look like? In this episode, we dive into the 6 reasons why home prices are sticky to the upside and why a ho...

Mortgage Interest Rates CLIMB as The FED noted that RECENT DATA SHOWS LACK OF FURTHER PROGRESS ON INFLATION THIS YEAR. Specifically, he said "it's likely to take longer than expected" to achieve inflation goals which likely means higher mortgae rates for longer. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reser...

Housing prices continue to outperform while housing affordability continues to erode. What are house prices and inventory doing on a nationwide basis? What does the future of house prices look like? Why are house prices sticky to the upside? Where is housing inventory headed? In this episode, we dive into the housing market with  @ResiClub  founder, Lance Lambert to help you become The Educated Ho...

CPI just came in HOT pushing inflation higher than than expected dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon. Consumer prices rose 3.5% from a year ago in March, more than expected which is putting pressure on bonds likely sending mortgage rates higher in the short term. Should you buy now or wait? In this live episode, we are going to discuss the latest...

Rising housing insurance costs are not only putting a huge strain on home buyers but also impacting homeowners in a meaningful way. Will homeowners insurance costs continue to rise? Where is this being felt the most? Will homeowners have to sell their homes due to rising costs? In this episode, we dive into the world of homeowners insurance to help you become The Educated HomeBuyer. ✅ - Get conne...

This is very different housing market than during the housing bubble, when a large percentage of borrowers had little or no equity as over 69% of borrowers have current LTVs under 60% (and this doesn’t include all the homes without a mortgage). And 91.2% of borrowers have LTVs under 80%. Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the F...

The Housing Market Continues To Appreciate Even In The Face Of Higher Mortgage Rates? What's driving house prices? Are BIG corporations inflating house prices and driving down inventory? How can you compete in a house market when you're competing against companies like Black Rock and Black Stone? In this episode, we take a deep dive into the idea that big corporations are to blame for the...

House Prices Just Increased nearly 6% year over year while mortgage rates remain near 7%. When will housing affordability improve? When will house prices and mortgage come down? Should you buy now or wait? In this live episode, we are going to discuss the latest regarding inflation, the Federal Reserve, as well the latest employment and economic data while helping you understand how that affects y...