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Looking for numbers for your own personal scenario, go to our website, mortgagemomradio.com and book a consultation or call 844-935-3634.
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, MO, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.
Today we discussed the retail sales report and how that has sparked a big drop in mortgage interest rates. The economy is starting to cool and all of the necessary factors for the Fed to consider the first rate cut can’t be ignored.
Looking for numbers for your own personal scenario, go to our website, mortgagemomradio.com and book a consultation or call 844-935-3634.
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, MO, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.
Why are mortgage rates suddenly improving? Financial Data is starting to show signs of weakness. The unemployment report issued on Friday, May 3, 2024, was worse than expected. Although it is tough on the economy, it is a blessing for mortgage rates. Continued improvement from here is very possible. What additional reports are showing signs of weakness? We dive in right here on Mortgage Mom Radio!
Looking for numbers for your own personal scenario, go to our website, mortgagemomradio.com and book a consultation or call 844-935-3634.
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, MO, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.
The Federal Reserve left rates unchanged today. The last two inflation reports being worse than expected have created bumps in the road which continues the higher for longer narrative of the Federal Reserve.
There were some positive pieces to today’s meeting with the slowing of the sale of treasuries on a monthly basis beginning on June 1, 2024. This is a good indicator that we are possibly at a tipping point to start seeing some cooling in the economy, which will ultimately lead to future rate cuts.
As indicated in many shows, I do believe that our first rate cuts will not come until fourth quarter of 2024 whether that we earlier or as late as December.
Looking for numbers for your own personal scenario, go to our website, mortgagemomradio.com and book a consultation or call 844-935-3634.
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, MO, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.
Today we went through two scenarios comparing what rents would be vs. what your mortgage payment would be if you were to buy a home. It’s my goal to give you the numbers so that you can decide if you should be looking at purchasing a home today. Looking for numbers for your own personal scenario, go to our website, mortgagemomradio.com and book a consultation or call 844-935-3634.
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, MO, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

Today’s CPI – Consumer Price Index Report was released and it was higher than expected. For the 2nd month in a row, inflation has increased rather than decreased. What does this mean to you and what can you do to help reduce inflation?

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

Recently there has been some very bad press around real estate agents, how much they earn, and how hard they work. Today we are crushing that thought process and bringing you the reality of a real estate agent’s job and life!

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

Been reading those headlines about the National Association of Realtors and the lawsuit settlement? We’re diving in today with all kinds of great information and incite!

What was it about? How will it change how you buy and sell real estate?

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

The Fed meeting is over for March 2024. What did they say? Is there a light at the end of the tunnel for lower rates in our future?

Been reading those headlines about the National Association of Realtors and the lawsuit settlement and changes coming to real estate commissions? We’re diving in today with all kinds of great information and incite!

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

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This was a great show as I went over questions that have been asked by my listeners. These are great questions because they cover important questions that the listeners have. My goal is to bring you the information that you need when exploring a new home purchase or refinance. I love the questions, keep them coming!

Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, TX, WA-MLO-237926 is Licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.