Every day, most people approach the largest financial decision of their lives with misinformation, misleading data, and just plain bad advice. The wrong move can cost you thousands, even hundreds of thousands of dollars. The Mister Mortgage Show, hosted by Mark Eitel. Take a fun. never boring, deep dive into the data of the day. Told in often comical, but always relatable stories. The answers to your questions are here. Spend an hour in this interactive Q&A formatted weekly talk show. You’ll ...
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Post-COVID Real Estate Protocols: Navigating the New Norms
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Post-COVID Real Estate Protocols: Navigating the New Norms In this episode of The Mr. Mortgage Show, Mark Eitel explores the positive changes in real estate protocols that emerged from the COVID-19 pandemic. One significant shift is the practice of securing full mortgage approval before viewing properties, giving buyers a competitive edge in negoti…
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2008 vs. Today: Understanding the Differences in Housing Markets
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2008 vs. Today: Understanding the Differences in Housing Markets This episode of The Mr. Mortgage Show, hosted by Mark Eitel, dives into a comparative analysis of today's housing market versus the scenario during the 2008 crash. Mark dissects the causes of the 2008 housing crash, such as subprime lending and market overvaluation, and highlights how…
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Interest Rate Cuts vs. Rising Mortgage Rates: Unraveling the Disconnect
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Interest Rate Cuts vs. Rising Mortgage Rates: Unraveling the Disconnect Join Mark Eitel on this week’s episode of The Mr. Mortgage Show as we delve into the perplexing situation where despite recent Federal Reserve cuts, mortgage rates continue to climb. What causes this apparent disconnect? We explore how various factors beyond the Fed's control—i…
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Multigenerational Living: A Solution in High-Priced Markets
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Multigenerational Living: A Solution in High-Priced Markets In this episode of The Mr. Mortgage Show, Mark Eitel delves into multigenerational housing as a practical solution for families navigating the challenges of today's high-priced real estate market. We explore the benefits and dynamics of multigenerational living, from shared financial respo…
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Fed Rate Cuts: Unpacking the Impact on the Housing Market
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Fed Rate Cuts: Unpacking the Impact on the Housing Market In this episode of The Mr. Mortgage Show, Mark Eitel explores the recent decision by the Federal Reserve to lower interest rates and its anticipated effects on the housing market. We delve into how these rate cuts could stimulate home buying, affect mortgage rates, and impact both buyers and…
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First Home Layaway Program: A Family Path to Homeownership
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First Home Layaway Program: A Family Path to Homeownership In this insightful episode of The Mr. Mortgage Show, Mark Eitel introduces a forward-thinking strategy known as the First Home Layaway Program, designed to help parents and grandparents pave the way for their children's future homeownership. This approach involves using equity from their ow…
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Demystifying Reverse Mortgages: The Truth Behind the Myths
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Demystifying Reverse Mortgages: The Truth Behind the Myths Join Mark Eitel on The Mr. Mortgage Show as he delves into the often misunderstood world of reverse mortgages. This episode aims to debunk the common misconceptions surrounding this unique mortgage type, providing clarity on how they actually work, who can benefit, and the potential drawbac…
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Breaking Free from Analysis Paralysis in Real Estate Decisions
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Breaking Free from Analysis Paralysis in Real Estate Decisions In this episode of The Mr. Mortgage Show, Mark Eitel tackles the common trap of analysis paralysis, particularly in relation to obsessing over interest rates when considering real estate purchases. We explore how incremental rate decreases can mislead potential buyers into waiting for t…
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Blending Rates to Beat Debt: The Power of Consolidation Refinancing
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Blending Rates to Beat Debt: The Power of Consolidation Refinancing This episode of The Mr. Mortgage Show dives into the strategic financial tool of debt consolidation refinancing. Mark Eitel explains how, by potentially increasing your mortgage rate, you can consolidate all your high-interest consumer debt into one lower monthly payment, saving hu…
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Why Homeowners Hold the Upper Hand in Today’s Market
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Why Homeowners Hold the Upper Hand in Today’s Market In this episode of The Mr. Mortgage Show, Mark Eitel breaks down why the current real estate market remains favorable for existing homeowners. With historically low mortgage rates and substantial equity, homeowners are in a prime position to either sell for a profit or leverage their equity for f…
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Decoding Mortgage Rates: What Really Moves Them
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Decoding Mortgage Rates: What Really Moves Them Join Mark Eitel on The Mr. Mortgage Show as he unravels the common misconception that the Federal Reserve is the primary mover of mortgage rates. This episode dives deep into the true factors that influence mortgage rates, providing listeners with a clearer understanding of what to watch for when tryi…
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Making Sense of Refinancing: Analyzing Costs and Timing for Optimal Benefits
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Making Sense of Refinancing: Analyzing Costs and Timing for Optimal Benefits. n this episode of The Mr. Mortgage Show, Mark Eitel demystifies the refinancing process, focusing on how to critically analyze when a refinance truly makes sense. He delves into the concepts of the true cost of money and effective interest rates, tools that are essential …
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Why is Getting a Mortgage Such a Pain in the Butt?
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Join Mark Eitel on this week's episode of The Mr. Mortgage Show for a playful yet insightful comparison that's bound to capture your attention: preparing for a mortgage application is surprisingly similar to prepping for a colonoscopy. Both require thorough preparation to ensure a smooth and successful experience. Mark delves into the details of wh…
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Rent-Vesting vs. House-Hacking: Weighing Your Real Estate Investment Options
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Rent-Vesting vs. House-Hacking: Weighing Your Real Estate Investment Options In this week's Mr. Mortgage Show, Mark Eitel takes a critical look at the rising trend of "rent-vesting," a strategy that encourages renters to purchase investment properties in markets outside their living area. While proponents see it as a viable option for those unable …
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Pay More, Spend Less: Mastering Seller Concessions for Better Deals
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Pay More, Spend Less - Buyer strategies that work in today's real estate market! This week on The Mr. Mortgage Show, we unveil a strategic approach for home buyers and sellers under the intriguing concept of "Pay More, Spend Less." We explore how buyers can leverage seller concessions to buy down their mortgage rate, resulting in significant saving…
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The Anatomy of a Housing Crash: Lessons from the Past, Insights for Today
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The Anatomy of a Housing Crash: Lessons from the Past, Insights for Today In this week's episode of The Mr. Mortgage Show, we dissect the concept of a housing crash, examining why despite increased inventory and widespread expectations, the housing market remains surprisingly resilient. We delve into the historical context of the Great Recession, a…
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Watching the Fed's Next Move: It's Not That Important!
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This week’s episode on The Mr. Mortgage Show, we take a closer look at the importance or lack thereof of the Federal Reserve's upcoming decisions regarding interest rates. Many people closely monitor the Fed's moves, anticipating significant impacts on their personal financial decisions, particularly in real estate. However, we'll explain why these…
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Is Housing Really In Crisis? The Data Will Surprise You!
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This episode of The Mr. Mortgage Show takes a critical look at the popular narrative surrounding a housing crisis. Is the current state of the housing market truly a crisis, or is it being amplified as a political talking point and sensational news story? We explore the data and perspectives that challenge this narrative, discussing how perceptions…
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Waiting on Rate Cuts? Why It's Time to Rethink Your Strategy
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This week, we discuss the increasing unlikelihood of interest rate cuts by the Federal Reserve in the near future. As many hopeful buyers and refinancers wait for lower rates, we delve into why this strategy may not be beneficial. We analyze current economic indicators, Federal Reserve policies, and market trends to explain why waiting for rate cut…
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Zero Down Mortgages Return: Are We Headed for Trouble?
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Let's explore the resurgence of the 100% mortgage and address concerns about a potential repeat of the lending practices that led to the 2008 housing crisis. This week on The Mr. Mortgage Show. Is history poised to repeat itself, or have lessons been learned? We deep dive into the details of this new mortgage program, examining the safeguards and c…
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Debunking the Crash Myth: Rate Stability and Softening Prices
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In this episode of The Mr. Mortgage Show, we delve into the current real estate landscape where interest rates are holding steady and home prices are beginning to soften slightly. Amid widespread predictions of a market crash, we question the likelihood and timing of such an event. Drawing a parallel with egg price inflation and the cost-effectiven…
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Bucking the Trend: Capitalizing on Hidden Real Estate Opportunities
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This week Mark tackles the daunting combination of high home prices, soaring interest rates, escalating taxes, and spiraling insurance costs—factors many cite as reasons to avoid the real estate market. Despite these challenges, unique buying and selling opportunities exist that are often overlooked. We uncover these hidden gems and discuss how to …
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Navigating the Surge: Understanding High Rates, Prices, and Rents
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This week on the The Mr. Mortgage Show, we delve into the current dynamics of the housing market, where high mortgage rates, escalating property prices, and soaring rental costs are becoming the norm. What’s driving this surge? We break down the fundamental principle of supply and demand that governs these changes and its impact on pricing across t…
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Data Over Drama: Finding Real Opportunities in Real Estate
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In this episode of The Mr. Mortgage Show shifts focus from sensational headlines to solid data, urging listeners to concentrate on real estate facts rather than emotional narratives. Mark discusses how, despite having no control over interest rates or market pricing, there are always opportunities available for those looking to buy a primary reside…
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Does the Federal Reserve Control Mortgage Rates?
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In this week's Mr. Mortgage Show, we clear up a common misconception: the Federal Reserve directly set mortgage interest rates. While the Fed's policies can influence the economic environment in which these rates are determined, waiting for Fed action to dictate your mortgage decisions might lead to missed opportunities. We delve into the relations…
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Parents & Grandparents Building Future Homeowners: Gifting the Dream
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This week, we explore a burgeoning strategy developed by Mark Eitel and the Mr. Mortgage team, where parents and grandparents purchase rental homes with the intent to eventually sell them to their children and grandchildren. This method, which includes gifting equity, is gaining popularity as a proactive way to secure the dream of homeownership for…
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When Does A Refinance Make Sense? The Path Is In The Math
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Higher Rate, Big Savings: A Debt Consolidation Success Story. This week on The Mr. Mortgage Show, we dissect a real-world example that defies conventional wisdom: refinancing into a higher mortgage rate to achieve substantial monthly savings. We take you through the journey of a homeowner who, despite the rise in their mortgage rate, managed to sav…
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Going Solo: Mastering the Art of Selling Your Home Without a Realtor
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In this episode of The Mr. Mortgage Show, we delve into the nuances of selling a home without the assistance of a realtor, a timely topic in light of the recent National Association of Realtors (NAR) commission lawsuit and proposed settlement. With many homeowners now questioning the need to pay substantial real estate commissions, we explore the p…
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Together Under One Roof: The Rise of Multigenerational Living
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Multigenerational housing and the purchase options: Yes they are a thing! In this insightful episode of The Mr. Mortgage Show, we explore the growing trend of multigenerational living and its myriad benefits. As families look for ways to support aging parents while managing their own households, the concept of buying a home that accommodates multip…
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Unlocking Savings: The Power of Debt Consolidation Refinances
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Join us as we tackle the often-overlooked strategy of debt consolidation refinances and how it can be a financial game-changer for many homeowners. Amidst the struggle with high-interest rate debts from credit cards and car loans, many cling to their historic low mortgage rates without realizing the potential for massive monthly savings. We dive in…
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NAR's Proposed Settlement: Will This Really Save Consumers Money?
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The NAR Settlement Explained. In this week's episode of The Mr. Mortgage Show, we delve deep into the proposed settlement of the National Association of Realtors (NAR) lawsuit and its potential impact on consumers. Will this legal resolution truly lead to savings for homebuyers and sellers, or is the outcome less promising than it appears? Join us …
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Assumable Mortgages: How to Save Big on Your Home Purchase
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In this informative episode of The Mr. Mortgage Show, we uncover the often-overlooked strategy of buying a home with an assumable mortgage; a tactic that could save buyers thousands of dollars. As interest rates fluctuate, the appeal of assuming an existing mortgage with favorable terms becomes increasingly attractive. We dive deep into what assuma…
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Equity Rich and Holding Tight: The Over-50 Homeowner's Advantage
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This week on The Mr. Mortgage Show, we delve into the demographics of homeownership in the United States, focusing on a striking trend: the average age of homeowners is over 50, and they're sitting in an enviable financial position. With no urgency to sell, this group of homeowners is equity rich, thanks to years of property value appreciation. We …
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Pain in the Butt Comparison: Colonoscopy vs. Mortgage Application
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On this week's show Mark, as only he can do, takes an unconventional approach to understanding the complexities of mortgage applications by comparing them to the preparation required for a colonoscopy. Yes, you heard that right! Both can be a pain in the butt, but as we'll explore, proper preparation can significantly ease the process. We dive into…
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Stuck in Neutral: Real Estate Holdup and the Outlook for Interest Rates
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In this episode of the Mr. Mortgage Podcast, we explore the current state of the real estate market, characterized by stagnation and the dashed hopes for immediate lower interest rates. As many prospective buyers and sellers sit in limbo, waiting for a sign of movement, we dissect whether this stagnation poses a significant problem for the market a…
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Inflation's Grip: Rate Cuts on Hold and Rising Mortgage Delinquencies
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In this episode we dive into the latest economic trends affecting the real estate market. With higher inflation numbers likely keeping interest rate cuts at bay, we explore the "higher for longer" scenario and its implications for homeowners and potential buyers. Additionally, we uncover startling data on mortgage delinquencies, highlighting that n…
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Waiting on Rates? You're Not Really Ready!
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This episode of The Mr. Mortgage Show challenges a common misconception in real estate: that interest rates should dictate the timing of purchasing a primary residence. We delve into why interest rates, often considered a vanity metric, should not be the driving factor in the decision to buy a home. Instead, we consider that the decision should be …
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When Will The Fed Cut Rates? Does It Really Matter?
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Interest rate is not the most important factor when deciding whether to buy or sell real estate. Wondering what is more important than interest rate? This week's show is for you! In this week’s episode of The Mr. Mortgage Show, we delve deep into the often-overlooked variables that play a crucial role in making informed real estate decisions. Wheth…
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Real Estate's Changing Game: Elevator, Escalator, or Stairs in 2024?
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In this episode, we dive into the evolving landscape of real estate, comparing the market dynamics of 2024 with those of recent past. While the approach to buying might have changed, the game's essence remains the same – building equity over time. Mark Eitel brings this to life with a compelling analogy: the elevator, escalator, and stairs. Each re…
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Don't Be Emotional About Real Estate: Things Buyers Should Not Do!
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In this eye-opening episode, we're tackling the emotional rollercoaster of real estate decisions, amplified by the rise of social media influencers. With a flood of persuasive content and generalized advice, it's easy to get swayed into making hasty buying or selling decisions. We dive into how some might be misrepresenting data or pushing narrativ…
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Misleading Headlines: Refinancing Uptick Presented as Buyer Surge
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Once again the Headlines are Wrong! The devil is in the Data! This week, we're cutting through the noise of sensational headlines to reveal the truth behind the recent surge in mortgage applications. Contrary to popular belief, this uptick isn't signaling a flood of buyers entering the market. Instead, we uncover that it's driven largely by homeown…
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Biden's Housing Blueprint: Unpacking the Proposals
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We're diving into the Biden administration's ambitious proposal to fund 500,000 affordable homes. It's a plan that could reshape America's housing landscape, but what's the real story behind the headlines? We'll explore the potential upsides, like increased accessibility and market stabilization, and weigh them against the possible downsides, inclu…
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Mortgage Rates End 2023 Where They Started!
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Mortgage Rates in 2023 - The Ultimate Groundhog Day! Isn't it ironic? In 2023 All the rate predictions were wrong. This was highlighted by us blowing past 8%. Now as the year wraps up, we find ourselves right back where we started. Today, we're exploring this deja vu and what it means for the real estate market. Have we truly come full circle, and …
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Buffet Behavior in Finance: Overspending, Overborrowing, and Real Estate
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Ever feel like you're at a financial buffet, tempted to overspend and overborrow, especially when it comes to real estate? You're not alone. In this episode, we're unpacking the 'Buffet Behavior' in finance – that urge to bite off more than you can chew in the property market. We'll dive into why we get caught in this cycle, the impact it has on ou…
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Rate Rollercoaster: Celebrate the Dip or Brace for a Head Fake?
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In this episode, we're riding the waves of fluctuating mortgage rates. As rates take a sudden dip, the big question looms: Is it time to pop the champagne and celebrate, or should we be wary of a potential head fake? Mark dissects the factors driving these rate changes and what they mean for buyers, sellers, and the overall housing market; As only …
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Red Devil Cycles Toy Run 2023 Recap
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The Red Devil Cycles 2023 Toy Run Live Recap! Bikes, Beers, Barbeque, and Lots of Toys for the kids of Martin County Florida! and of course, Yours Truly and the Mr. Mortgage Crew! We had a blast doing a live remote show for the event. A huge thanks to John & Luann at www.RedDevilCycles.com another great event for a great cause. Follow the Fun and G…
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Gender and Age in Homeownership; Where Are the Young Men?
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Are Sports Betting Apps, Killing Homeowership for Young Men? In this insightful episode, we delve into the current state of homeownership in the US, with a special focus on the gender and age gap. Where are all the young men in the housing market? We explore this intriguing question, examining the factors contributing to this trend and its implicat…
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Is 2024 Bringing Lower Rates, How about Lower Prices?
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Is 2024 Bringing Lower Rates? How about Lower Prices? How do you know you're ready to buy a home? Well, how much you spend on happy hour, bottle services and axe body spray may be an indicator! This week we start to look at the 2024 predictions for prices and rates... will anyone get it right this time? Mark also explains that interest rate is the …
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Slowing Housing Market, is it Really a Bad Thing?
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Is a slowing housing market really a bad thing? We're taking a deep dive into the fundamentals of today's housing landscape, unraveling who really benefits from this deceleration. From first-time buyers to seasoned investors, we explore the varied impacts and uncover potential opportunities hidden within a less frenetic market. Join us for an enlig…
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Is 7% The New 5%; Mortgage Rates Explained
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Mortgage Activity spikes as mortgage rates retreat from the lofty 8% recent highs to a more palatable mid-7% range. Is 7% the new 5% in today's real estate world? We're breaking down what this shift means for buyers, sellers, and the overall market dynamics. Get ready for a lively discussion filled with insights, as we explore whether these numbers…
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