Today, on “Today in Mortgages,” we talk about falling home prices, and its affect on buyers according to Newsweek’s article “Home prices are falling. Are buyers biting?” While this article has good points, we discuss that home prices are only dropping in certain areas; not everywhere. Demand is still too high to have pricing fall. It’s important to remember that this time of year sales typically decline with the busyness of the holidays.

As mortgage professionals, we need to make sure we are informed about the housing market, so we can coach our borrowers and help them succeed!

Listen in as we break down today’s news!

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

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.