Rocky H Copelad-Professor

2021 Mortgage data shows that the borrowers saved an average of over $9400 in interest and fees by obtaining a wholesale mortgage through a mortgage broker, compared to retail lending options Data Source: https://bit.ly/3bl33Bs *Comparisons based on conventional conforming 30-year fixed loans for debt-toincome ratio 41-45% between top 10 wholesalers and top 10 nonbank retailers; low income defined as less than $52,200; interest savings assumes full term of loan. Title: Retail vs Wholesale Mortgage, Save Thousands | HTXMTG For more info on how we can provide you with an successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com ============================= Edward Foy: H Mortgage efoy@HTXMTG.com 281-304-6353 Competitive Pricing, Quick Approvals, Close On Time NMLS 310856 / 218762 ============================= #RetailVsWholesaleMortgage #MortgageChoice #MortgageRates #WholesaleMortgage #RetailMortgage #...

Even if you were to find your dream home, a home that checks all the boxes, chances are, that six months from now, you’d have a list of things that you could improve That’s how setting goals works, you always want to improve, right? When it comes to buying a new home, as difficult as it might be, you want to try to look at things objectively. If you can find 70-80% of what you’re looking for, that’s a win, especially if you can start with a profit an buy your home below market. Even when interest rates were in the 2-3% range, there were plenty of people waiting for rates to get lower. They waited, not only did rates rise, but so did home prices. I’ve had many clients that who have tried to time the market and ended up having to significantly compromise due to rising home prices. One of the primary factors in your home search should be to establish and build equity This can provide you with more leverage to profit from rising home prices to level up and buy your dream home. My ...

I was recently reviewing some interesting stats from the Federal Housing Financing Agency (FHFA) and thought it was important to share, especially with so much doom and gloom in the media regarding interest rates. Although home prices differ in each region, the national average shows: A 57% increase in home values over the last 5 years. Values nearly tripled in the last 30 years. So the question is: when you see a 57% increase in value over 5 years, does paying a 7-8% interest rate matter? These are not opinions, these are documented facts. Comment below with your thoughts Like this video if it helps and share it with someone you want to help. FHFA Data: https://ift.tt/MIqPih9 TITLE: Home Prices Increased 57% in 5 Years, Does Paying 7-8% Matter | HTXMTG.com For more info on how we can provide you with an successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com ============================= Edward F...

How Job Growth Impacts Homebuyers The strong job growth in the United States, adding 336,000 jobs, has both positive and negative implications. On the positive side, it benefits the labor market. However, it also signals a hot economy to the Federal Reserve, potentially leading to measures like interest rate hikes, which, in turn, have caused 30-year mortgage rates to reach a 23-year high of 7.84%. The real estate market is under pressure due to elevated rates, causing economic anxiety, and it’s expected to lead to a decline in home sales. The one bright spot in the job report is that wage growth has slowed, which could help slow inflation. However, the continued high interest rates are damaging various sectors of the economy, and some experts suggest the Fed should consider cutting rates next year to achieve a soft landing. Despite high interest rates, home prices continue to rise due to low housing inventory. This suggests that as long as people need housing, prices will likely kee...