Affordability Still a Challenge—But Opportunity Is Growing

Affordability continues to be a major hurdle for buyers—but it’s not the full story.

Michael and Rich break down the latest from the Fed, including the updated dot plot and what “higher for longer” really means for interest rates. They also dive into how global events, inflation, and rising costs—like taxes and insurance—are impacting monthly housing payments.

Then, they unpack a new Redfin report showing payments at a one-year high and explain why some buyers are stepping back… while others are finding opportunity in a less competitive market.

If you’ve been waiting on rates to drop, this is a must-listen.

What you’ll learn:

• What the Fed’s “dot plot” reveals about future rate expectations
• Why “higher for longer” is still the current outlook
• How global conflict and oil prices are influencing inflation
• The hidden drivers of affordability: taxes, insurance, and home prices
• Redfin report: housing payments hit a 1-year high
• Why fewer buyers may actually create opportunity
• The risk of waiting for lower rates vs. buying now and refinancing later
• How loan officers can better coach buyers through uncertainty
• Using AI to improve the borrower and referral partner experience

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. Visit our website at nflp.com/licenses for all state licensing and other legal information.