New Mortgage Rate Adjustments Frustrate Homebuyers
New Mortgage Rate Adjustments Frustrate Homebuyers.
To clear up the confusion and offer facts concerning the Biden administration's mortgage rate adjustments, it must be noted that LLPAs are changing in a way that benefits those with lower credit scores and disadvantages those with higher credit scores. However, people are mistaking the change for the actual cost. This means that a low credit borrower will not pay less than a high credit borrower, but the gap between what they pay is smaller than it was. The change amounts to a tweak of an existing fee structure, which favors those with lower credit scores and disadvantages those with higher credit scores. In other words, there is no scenario where someone with lower credit will have a lower fee.
Need Help Buying orSelling Real Estate In Florida?
Email us with questions and your contact information
Joseph Dionne
Managing Partner
Appli Home Loans
www.applihl.com
Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
00:00 Introduction
00:36 Pricing was announced in January
02:23 Real Explanation
05:31 Is this a distraction
DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz
Follow Brenden
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rend...
LinkedIn: https://www.linkedin.com/in/homesinor...
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
#mortgageadjustments #floridarealestate #federalreserve #interestrates #fhaloan #fhanloans #mortgagerates #mortgageratestoday #inflation #fed #housingmarket #orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagentl #homesales #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #housingmarket2023 #orlandohousingmarket
-
23:04
Homes In Orlando For Sale
1 year agoMortgage Rates Hit 2 Month Low. Will Homebuyers Come Back?
3 -
14:34
Homes In Orlando For Sale
1 year agoLow Home Inventory Boost Prices In March Despite Mortgage Rates
7 -
10:31
JeromeMaldonado
5 months agoNew Mortgage Rates are about to CRUSH Buyers...
141 -
10:06
Carolina Capital Management
2 years agoBreaking News! Mortgage Rates For Owner Occupies Purchases Hit Low Points!
2 -
5:20
PinkTV
2 years agoReal Estate Investor Reacts to HISTORIC Mortgage Rate Increase
13 -
7:05
TheLAProbateExpert
2 years agoMortgage Rates Go Over 5%....Yawn.....No Housing Crisis Yet
5 -
1:32
JK Mortgage
2 years agoMortgage Interest Rate and Housing market crash Update!
4 -
7:08
SweetHomeStAugustine
1 year agoBIG BREAKING NEWS on Mortgages Rates
862 -
8:23
Elite Realty Partners | North Idaho Living
1 year agoMortgage Rate Myths Revealed: Uncover the Secrets Behind What Really Moves Rates!
4 -
5:34
P.R.E.M TV
11 months agoBreaking News Mortgage Rates Surpass 7% Amidst Economic Data Evaluation
10