Mortgage Demand Explodes as Rates Fall

In today's episode of "One Rental at a Time," we discuss the recent surge in mortgage applications as interest rates fall, the implications of the latest Federal Reserve meeting, and a significant change in VA mortgage guidelines. We also explore market dynamics and the potential opportunities for buyers in the current real estate environment. Tune in to hear expert insights and advice on navigating these changes and making the most of the current market conditions. [00:00] - Introduction and overview of the Fed Day meeting. [00:30] - Impact of CPI and core inflation numbers on mortgage rates. [01:52] - Surge in mortgage applications and refinancing due to falling rates. [02:21] - Seasonal peak in home sales prices and current market cooling trends. [03:06] - Increased inventory and longer days on market in various regions. [03:33] - Importance of studying your local market for real estate opportunities. [04:26] - Changes to VA mortgage guidelines allowing buyers to pay their agents. [05:20] - Implications of new buyer broker agreements in real estate transactions. [07:33] - Encouragement to get pre-approved and the benefits of working with a great mortgage broker. [17:05] - Invitation to join the "One Rental at a Time" school community for more in-depth learning. Great Mortgage Broker: https://greatmortgagebroker.com - Get pre-approved and connect with Matt and his team across 48 states. One Rental at a Time School: https://onerentalatatime.com/school - Join the school community for masterclasses, boot camps, and live sessions with real estate experts. Thank you for tuning into today's episode of "One Rental at a Time." If you enjoyed the discussion, please subscribe on Apple Podcasts, Spotify, or your favorite platform, and leave us a review. Share this podcast with friends and family who might benefit from these real estate investing insights. Follow us on social media for more updates and exclusive content. Keep taking action, and remember, it's all about doing the work. Happy investing! 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/