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No price cuts to homes in 2024
Manage episode 394422891 series 3460347
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Today on "Today In Mortgages" we discuss where home prices are headed in 2024. We take a look at an article from Housing Wire: "Fewer homes will take a price cut in spring 2024." The article states high interest rates slowed housing demand, but with rates dropping that could all change. Our company is already seeing applications going crazy for purchases.
As mortgage professionals, we need to show our borrowers the difference between buying at a higher interest rate vs. buying at a higher purchase price. We want our borrowers to succeed and it is our responsibility to help them make the best decision for their personal situation.
Listen in as we discuss today's news!
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
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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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
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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