Mortgage Market Update: Why Rates Are Stuck at 7.4%
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Mortgage Interest Rates & Housing Market Volatility. Fannie Mae mortgage guideline changes, mortgage interest rates, employment verification, and new job income requirements — what do real estate agents need to know this week?
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**Mortgage Interest Rates & Housing Market Volatility**
We discuss recent mortgage rate movements, the 10-year Treasury, and why mortgage rates can change even when broader interest rate expectations remain uncertain.
**Fannie Mae Employment Verification Changes**
Learn about additional flexibility in verifying a buyer's employment before closing and why these changes may help reduce last-minute mortgage delays.
**Mortgage Qualification for Buyers Starting New Jobs**
Find out how updated employment documentation guidance may help buyers relocating, transferring jobs, or starting new positions.
**The Three-Year Income Continuance Rule**
We discuss why application dates matter when evaluating certain income sources, including child support, alimony, and disability-related income.
**What These Mortgage Changes Mean for REALTORS®**
Understand the questions to ask your lender and how to help buyers prepare for a smoother real estate transaction.
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🗺️ 30 Day New Agent Roadmap
💡 Weekly mortgage and real estate market updates
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🤝 Real estate agent networking, role-playing, and support
Optional group coaching and VIP 1:1 real estate coaching are also available.
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Mortgage programs, underwriting requirements, interest rates, and individual qualifications vary. Always confirm current guidelines and borrower eligibility with a qualified mortgage lender.
#RealEstateMarketUpdate #FannieMae #MortgageRates #RealEstateAgentTraining #RealEstateCoaching
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00:00 Introduction – Week of October 12th- Interest Rate Update
00:45 Seller Paid Closing Costs vs Price Reduction – A Real Inspection Scenario
01:20 The Math – What a $10,000 Price Reduction Really Saves Each Month
01:55 Using Seller Concessions for a 2-1 Buydown
02:40 Having the Conversation With Your Buyers – Let the Lender Do the Math
03:05 How Long They Plan to Stay and the $6 Per Thousand Rule of Thumb
03:50 Will Rates Go Up Again Before Year End?
04:25 The 2-1 Buydown Power Tool and How to Reach Nikki
#realestate #lender #mortgagerates #mortgagerates #fanniemae #fha
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Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!
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Angie Gerber
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