Are you shocked at how quickly mortgage rates have increased? Are you looking to purchase a home but worried about the housing market and higher mortgage rates? In this episode, Melissa and Jay Fradenburg discuss the current mortgage environment with Nathan Steiner, NMLS #771054, Senior Vice President of lending with Guaranteed Rate. Nathan has over 20 years of lending experience and understands the unique challenges buyers and agents are facing in the current rate environment.
You will learn:
- What are my options now that mortgage rates have increased so quickly?
- Why are rates so much higher than 6 months ago?
- Are there strategies to get a lower rate?
- Is the housing market still a sellers market?
- How does an ARM work?
- What is a 2 -1 buy down?
- Find out more about Nathan HERE.
- Reach out to Nathan Steiner.
- Follow Nathan on Instagram and Facebook.
- Read, What Issues Should I Consider When Dealing With High Inflation?
- Read about 2-1 Buydowns.
- Read Adjustable-Rate Mortgage (ARM): What It Is and Different Types.
- Listen to Episode 134: Inflation Expectations and Market Volatility with Jay Fradenburg.
- Listen to Episode 88: Mortgage Options in Retirement with Nathan Steiner.
- Connect with Jay Fradenburg.
- Sign up for our Fall Economic Update and Investment Outlook Webinar HERE.
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