Miles D. Rusth’s Post

Mortgage rates were a rollercoaster in 2023, but what's in store for 2024? Our latest e-news covers what buyers and homeowners can expect. ✔️ Click the link below to learn more! #mortgagelending #smcenews #housing #mortgagerates #realestate #gosummit

Mortgage rates were a rollercoaster in 2023, but what's in store for 2024? Our latest e-news covers what buyers and homeowners can expect. ✔️ Click the link below to learn more! #mortgagelending #smcenews #housing #mortgagerates #realestate #gosummit

Mortgage rates were a rollercoaster in 2023, but what's in store for 2024? Our latest e-news covers what buyers and homeowners can expect. ✔️ Click the link below to learn more! #mortgagelending #smcenews #housing #mortgagerates #realestate #gosummit

Mortgage rates were a rollercoaster in 2023, but what's in store for 2024? Our latest e-news covers what buyers and homeowners can expect. ✔️ Click the link below to learn more! #mortgagelending #smcenews #housing #mortgagerates #realestate #gosummit

Mortgage rates were a rollercoaster in 2023, but what's in store for 2024? Our latest e-news covers what buyers and homeowners can expect. ✔️ Click the link below to learn more! #mortgagelending #smcenews #housing #mortgagerates #realestate #gosummit

How are you preparing for coming changes? What impact will the new TCPA rules and the (hopefully soon to pass) Anti-Trigger Leads bill have on your mortgage business. Is it a pickup for you based on your model? Will you need to change a little - or a lot? Have you huddled with your buyer agents to educate, strategize, and prepare for borrowers/buyers after August 17th? Do you feel the coming changes make your role more important in the LO/Agent relationship than it was before? Is your company doing a good job prepping for all of this stuff that is headed down the pike? Would love to see your thoughts in the comments! Mortgage Bankers Association NAMB - National Association of Mortgage Brokers National Association of REALTORS®

Why do people who work in real estate always say, “Now is a great time to buy!?” Truth is, it all depends on your situation. However, the buyers that are waiting for interest rates to come down…they will actually be paying higher prices for their new home. And this could make the monthly payment even higher than it is if they purchased a home now. 👑Rebecca Foote Mortgage Team | Mortgage Lender 🏠💜| 📞717-609-4044 | Licensed in PA & MD | NMLS 134413, 51029 | Equal Housing Lender #yourmortgagequeen #rebeccafoote #carlislepa #mortgagetips #whybuy2024

This isn’t like 2008. Builders aren’t overbuilding, they’re just catching up.  This graph shows there’s a gap to make up after over a decade of not building enough homes.  Plus, builders are focusing on completing what’s already started versus breaking ground on a whole lot of new homes. This means they’re being mindful and that’s a good thing. Have questions? Let’s chat. 👑 Rebecca Foote Mortgage Team | Mortgage Lender | 📞 717-609-4044 | Licensed in PA, MD, & FL | NMLS 134413, 51029 | Equal Housing Lender #rebeccafoote #carlislepa #centralpa #realestate #mortgage #mortgagetips #homebuying

🏡 In the mortgage industry, closing on a house typically takes an average of 52 days. But did you know that with our Same Day program, we can provide approvals in less than a week? If you have any questions about how we expedite the process to this level, feel free to reach out! 📞

Mortgage rates have dropped below 7% for the first time since March, causing a surge in applications not seen since January. But with rising demand comes a pressing question – what about inventory? Discover how recent economic shifts are impacting homebuyers and builders in this week’s Market Update.