Friday Coffee with your Mortgage Man, Eric

January 29, 2020

Friday Coffee with your Mortgage Man, Eric. 9.20 Mortgage Rate Update- The Aftermath of the Fed Rate Reduction!

Friday Coffee with your Mortgage Man, Eric video duration 10 Minute(s) 28 Second(s), published by Eric Kinneman on 22 09 2019 - 02:21:14.

Deep in the weeds of a Loan Scenario: To follow up on the last video I put out 2 weeks ago of why it is better to use a Mortgage Banker versus a Mortgage

When the Federal Reserve drops or raises rates it effects short term lending - over night lending between banks
Mortgage rates are long term lending
so the An Army specialist and Purple Heart recipient was gifted a mortgage-free home in Orange County, allowing him to move from Texas to be closer to his parents So what was the result of the .25% Fed Rate Cut?

Deep in the weeds of a Loan Scenario: To follow up on the last video I put out 2 weeks ago of why it is better to use a Mortgage Banker versus a Mortgage Broker, here is a Loan Scenario where we had to come to the rescue and save a Buyer who was using a Broker and they just couldn't get the deal done. We experience these situations a few times each month. Thank goodness the Buyer hung in there for us to successfully get him across the finish line.

Other Video about Friday Coffee with your Mortgage Man, Eric:

Purple Heart recipient gifted mortgage-free home in O.C.  ABC7

Purple Heart recipient gifted mortgage-free home in O.C. ABC7

An Army specialist and Purple Heart recipient was gifted a mortgage-free home in Orange County, allowing him to move from Texas to be closer to his parents .

9.20 Mortgage Rate Update- The Aftermath of the Fed Rate Reduction!

9.20 Mortgage Rate Update- The Aftermath of the Fed Rate Reduction!

So what was the result of the .25% Fed Rate Cut?



The #RealEstateNinjaShow - Fed Cuts Rates. does that effect mortgage rates?

The #RealEstateNinjaShow - Fed Cuts Rates. does that effect mortgage rates?

When the Federal Reserve drops or raises rates it effects short term lending - over night lending between banks
Mortgage rates are long term lending
so the .

Previous
Next Post »
0 Comment