Interest Rates Affect More Than Just Mortgages…

Welcome back dreammakers! In this episode of "Today in Mortgages," we talk about the wide-spread affects of interests rates. We look at an article from CNBC: "Weak manufacturing measures raise specter of U.S. economic slowdown". Reports are showing the economy contracting due to lower demand. This is another indicator of what the economy is doing, and supports the fed rate cut we've been talking about the last few weeks. We are pretty certain a rate cut is coming, but by how much? That remains to be seen!

We as mortgage professionals should continue to pay attention to the economy and what it's going on with the fed so we can help talk to our borrowers.

Listen in to learn about this and more!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.