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The True Impact of Interest Rates on Payments
Manage episode 386593787 series 3532369
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Is it better to negotiate a lower sales price or buy down the interest rate? Discover the surprising impact of buying down rates and how it can lead to significantly lower payments compared to just reducing the sales price.
Join us as we break down the numbers, revealing insights that could reshape your approach to property purchases and financing decisions.
We cover all this and more as Mark answers questions ranging from refinancing, reverse mortgages, buying investment properties, and even reverse mortgages. this was an action packed show
Jen is in the studio keeping us all inline, woman-ing the anytime hotline and keeping Mark on task!
Learn more about Mark Eitel, the team, and the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline
Thanks for tuning in, and we'll see you on the next episode of "The Mr. Mortgage Show"
Let's Connect! Feel Free to Call Text or Email Mark Eitel NMLS #1929005
Call or Text us: 561-935-5474 (Main Office)
Email: mark@mr.mortgage
00:00-Intro
02:18-CPI Data Released
03:40-Rate buy down vs a lower price
05:24-the path is in the math
08:59-buying rental property with no income verification
10:00-we’re back
10:54-buying down the rate with out a seller contribution
12:35-paying off student loans with a mortgage refinance
14:21-is more money coming to hometown heros
15:40-how does the landlord loan work
17:49-rates too high to refi?
18:50-we’re back 2
19:44-the timeline for selling by owner
22:16-does a refinance restarts my mortgage
24:04-I’m still on my exes mortgage can I still buy a house
27:39-FHA saves the day for a single mom
28:39-we’re back 3
29:39-selling a house that has a reverse mortgage
31:09-using a reverse mortgage to help my grandkids buy a house
34:34-how to maximize buying power when buying a house
35:46-Free for sale by owner book
36:31-paying off a judgement with a reverse mortgage
38:03-wrapping it up
…
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Join us as we break down the numbers, revealing insights that could reshape your approach to property purchases and financing decisions.
We cover all this and more as Mark answers questions ranging from refinancing, reverse mortgages, buying investment properties, and even reverse mortgages. this was an action packed show
Jen is in the studio keeping us all inline, woman-ing the anytime hotline and keeping Mark on task!
Learn more about Mark Eitel, the team, and the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline
Thanks for tuning in, and we'll see you on the next episode of "The Mr. Mortgage Show"
Let's Connect! Feel Free to Call Text or Email Mark Eitel NMLS #1929005
Call or Text us: 561-935-5474 (Main Office)
Email: mark@mr.mortgage
00:00-Intro
02:18-CPI Data Released
03:40-Rate buy down vs a lower price
05:24-the path is in the math
08:59-buying rental property with no income verification
10:00-we’re back
10:54-buying down the rate with out a seller contribution
12:35-paying off student loans with a mortgage refinance
14:21-is more money coming to hometown heros
15:40-how does the landlord loan work
17:49-rates too high to refi?
18:50-we’re back 2
19:44-the timeline for selling by owner
22:16-does a refinance restarts my mortgage
24:04-I’m still on my exes mortgage can I still buy a house
27:39-FHA saves the day for a single mom
28:39-we’re back 3
29:39-selling a house that has a reverse mortgage
31:09-using a reverse mortgage to help my grandkids buy a house
34:34-how to maximize buying power when buying a house
35:46-Free for sale by owner book
36:31-paying off a judgement with a reverse mortgage
38:03-wrapping it up
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