Market and Mortgage Rate Update with Trever Kerr
Manage episode 437334253 series 2919447
In this episode, John, Kyle and special guest Trever Kerr dive into the “Market and
Mortgage Rate Update”. Trever Kerr is a professional mortgage advisor associated with
Gateway Mortgage. With extensive experience in the real estate and finance industries,
Trever specializes in helping clients navigate the evolving landscape of mortgage rates
and loan programs.
Trever highlights how recent changes in the stock market and the Federal Reserve's
actions impact mortgage rates, discussing the current setting where rates are hovering
around the mid-sixes. The conversation touches on the differences between
government-backed loans like FHA and VA versus conventional loans, and explores
why it might be a wise move to buy now despite the higher rates, as home prices are
more likely to surge when rates finally drop. The episode concludes with insights on
upcoming economic events and what savvy investors should consider in the months
ahead.
Quotes:
"As soon as these rates do come down 1% or so, these home prices are going to go
way up and you're going to end up costing yourself a whole lot more money than
having that higher interest rate for a year."– Trever Kerr
"I think we're getting to a point where people realize rates are never going back down
to 3% again.” – Trever Kerr
"It doesn't matter if it's a republican president, a democratic president. They want to
make things they understand."– Trever Kerr
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
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Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!
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