Today in Mortgages

Today, we are talking about inventory! Inventory is increasing with more people actively selling their homes, up to 740,000, according to "The Fred Economic Data." Active listings have nearly doubled from two years ago, but rates have stayed high, meaning we are still in a sellers market, but prices won't skyrocket. Tune in to this episode to gain a deeper understanding of what thes...

Welcome back dream-makers! Today in Mortgages we are discussing Gen Z's continued presence in the real estate world. Today's article from Redfin states Gen Z took out 40% of real estate loans in 2023. They are now the predominate buyers. As mortgage professionals, we need to know how to offer, sell and market to these Gen Z borrowers who are ready to buy. To learn more, read today's...

Welcome back dream-makers! Today in Mortgages we are discussing the return of summer home buying. Today's article states that last years home sales hit a record low since 1995, and predicts there will be a 9% increase in 2024 and even more in 2025. Buyers are realizing the reality of interest rates aren't changing drastically anytime soon, and they are beginning to buy again. As mortgage...

Join us on Today In Mortgages as we unpack the question: What's happening with vacation home mortgages? In this episode, we dissect the recent decline in demand for vacation home loans and explore its implications for the industry. Here's what you can expect: • The impact of pandemic migration on second home purchases. • Policy changes affecting the availability of second home financing....

Is co-borrowing a good idea? In this episode, we delve into the intricacies of co-borrowing in the realm of mortgage and real estate. Tune in as we explore several key points: The benefits and risks of co-borrowing. How co-borrowing affects credit scores and loan eligibility. Strategies for maximizing the advantages of co-borrowing while minimizing the risks. Important considerations when entering...

Will Rates Go to 10%!? Dive into the latest episode of our podcast where we unravel the possibilities of the mortgage market. We'll discuss: The current economic indicators shaping interest rates. Insights into Federal Reserve policies and their impact on mortgage rates. Strategies for mortgage and real estate professionals to navigate changing rate environments. Expert predictions and analys...

Ever wonder how the recent Federal Reserve update impacts the mortgage and real estate landscape? This episode dives deep into the question: "No News Actually IS News." Join us as we uncover: Key takeaways from the latest Fed policy statement. Implications for mortgage rates and housing market trends. Strategies for adapting your business approach in response to Fed decisions. Expert ins...

Are buyers ready to seize the opportunities of the spring housing market? In this episode, we’re discussing the BIG question: How are rising mortgage rates impacting the spring market? Key points: Understanding the dynamics of the current spring buying season amidst fluctuating mortgage rates. Exploring the implications of market volatility and its effects on homebuyers and sellers. Flipping the n...

It may have been a bad week for rates… but inventory? Actually looking up! Here’s what we’re discussing Today in Mortgages: Understanding the driving factors behind the significant increase in inventory. Exploring the implications of this inventory surge on market trends and client strategies. Strategies to capitalize on the expanded inventory for enhanced client satisfaction and business growth....

What the read on builder sentiment amidst fluctuating mortgage rates? In this episode of Today in Mortgages, Michael and Rich dive into the topic, separating fact from hype in the real estate and mortgage industry. They explore several key points: The stability of home builder sentiment despite market fluctuations. The impact of interest rates on demand and home buying trends. The significance of...

Are you feeling the ups and downs of the current mortgage roller coaster? On today’s episode, we dissect the latest trends and hot topics in the real estate and mortgage world. In this episode, they dive into the burning question: What's driving the recent surge in mortgage rates? Here's what you can expect: Unraveling the impact of the latest inflation report on mortgage rates. Explorin...

Today, we’re peeling back the curtain to go inside the Network with this special clip from one of Rich Jefferson’s (Today in Mortgage Cohost and EVP of Network Funding) recent internal videos to our sales people. Rich posts news, updates, and training EVERY DAY to our people to help them grow, learn, and win.  Read the original article here: [ _ ] ______ Grow Your Business: https://join.nflp.com/...

In today’s special episode, we bring on expert mortgage and real estate coach Michael Regan from Building Champions to give his take on the recent settlements by the National Association of Realtors. This content was originally recorded as part of Network Funding’s internal training and coaching, but we decided it was too valuable to keep to ourselves. Listen in as we discuss how mortgage professi...

Today in Mortgages, we’re discussing the current state of the economy and its impact on mortgage rates. Conflicting indicators of a strong economy and high inflation are making it difficult for the Federal Reserve to cut rates. We’re focusing on the importance of the buyer's budget and selling on value rather than rate. Takeaways The economy is showing signs of strength with low unemployment...

In this conversation, Richard Jefferson and Michael discuss the current state of the economy and its impact on different income groups. They highlight the mixed news and varying economic sentiment among individuals. Factors affecting economic sentiment, such as delinquencies and financing choices, are explored. The concept of a two-speed economy is introduced, with the rich continuing to spend whi...

The conversation discusses the lock-in effect in the mortgage industry and its impact on home sales. It highlights the challenges faced by homeowners with low interest rates who are unable to move due to the higher costs associated with buying a new home. The conversation also emphasizes the decrease in home sales and inventory due to the lock-in effect. However, there is optimism that the market...

Are you curious how the Federal Reserve impacts the mortgage industry? Dive deep into the relationship between Fed policies and the real estate market in our latest episode. We'll explore several key points: - Understanding the role of the Federal Reserve in setting interest rates. - Analyzing the effects of Fed rate changes on mortgage rates. - Discussing strategies for mortgage professional...

Welcome to today's episode of Today in Mortgages, where we delve into the latest trends shaping the housing market. In this episode, we're excited to explore a promising development: the rise in builder sentiment and its accompanying data. Builder sentiment is a crucial barometer of the housing market's health, reflecting the industry's confidence in future demand and economic...

Today's episode of Today in Mortgages delves into the surprising rise in mortgage demand, despite persistently high interest rates. We'll explore the factors driving this unexpected surge, the resilience of the housing market in the face of economic challenges, and the opportunities and considerations for both homebuyers and refinancers amidst this landscape. Stay tuned as we dissect the...

Ever wondered why buying a house seems increasingly challenging across generations? Join us on Today in Mortgages as we delve into the housing market's evolution. In this episode, we dissect the escalating gap between home prices and incomes, exploring key factors shaping this trend. - Unveiling the staggering statistics: From 1985 to today, discover how median incomes have risen while home p...

In this episode, hosts Rich and Michael delve into the implications of the PCE report released today, addressing key points such as: • Year-over-year trends: Analyzing the 2.8% increase and its significance. • Spending habits: Exploring how personal spending has decreased and savings rates have risen. • Market reactions: Understanding the initial responses and predicting future market adjustments....

Despite a tumultuous few weeks of economic news, Fannie Mae is projecting optimism for 2024 and 2025. What gives? In this episode of Today in Mortgages, Michael and Rich delve into the intricacies of the current economic climate and its implications for the mortgage and real estate industries. They explore various indicators and trends, providing valuable insights for professionals in the field. H...

On Today in Mortgages we look at new data suggesting that the frozen housing market is beginning to thaw.  Listen in as we break down today's news! _______ Grow Your Business: https://join.nflp.com/ ______ FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing _________  Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.  The content...

Rich joins us LIVE in the studio today to discuss recent news that housing starts have declined in the past month. But should we be concerned?!  We discuss on this episode of Today in Mortgages.  ________ Interested in growing your business? See our plan for you at https://join.nflp.com/ _________ FREE MARKETING RESOURCE: https://todayinmortgages.com/marketing _________ Today in mortgages is produ...

Your hosts Michael and Rich discuss the unique challenges young people face in today's marketplace on Today in Mortgages: Are we past the worst for mortgages, or are there still challenges ahead? Why do younger borrowers still struggle with affordability despite an increase in average income? How has the recent uptick in quarterly loan volume impacted the market? What factors contribute to th...