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Mortgage Market Update: Why Rates Are Stuck at 7.4%

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?

🎁 **JOIN OUR FREE REAL ESTATE AGENT TRAINING COMMUNITY:**
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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.

👉 **JOIN THE FREE COMMUNITY:** 👉https://www.skool.com/rebusinessbuilder/about

Inside you'll find:
📞 LIVE Survive to Thrive training Monday–Friday
📚 Real estate scripts and objection handlers
🗺️ 30 Day New Agent Roadmap
💡 Weekly mortgage and real estate market updates
📖 FREE From Hustle to Harmony eBook
🤝 Real estate agent networking, role-playing, and support

Optional group coaching and VIP 1:1 real estate coaching are also available.

📌 **HAVE A MORTGAGE QUESTION FOR NIKKI?**
Connect with Nikki Erickson on social media: Mortgages From MN to AZ.

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

🔗 Book your FREE Discovery Call with Angie: https://calendly.com/angiegerber/real-estate-business-builder

📞 Connect with Nikki Erickson at Kevnik Mortgage:
📱 Call or Text: 952-484-1584
📧 Email: nikki@kevnikgroup.com
📘 Facebook | TikTok | Instagram:
@mortgagesfrommntoaz

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!

Find me in my free Community for Women Real Estate agent:
www.skool.com/rebusinessbuilder/about

Check out my YouTube Channel - So many ways to stay connected and plugged in! AGCoaching@agcoaching684

With Gratitude -

Angie Gerber
angiegerber@gmail.com

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