Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss the tiny increase we’ve seen in home sales. Today’s article from Yahoo Finance is titled “US existing home sales rise in May; mortgage rates still a constraint.” Overall, more homes are being listed for sale and the sales prices are appreciating! There are a lot of signs in the market that point to a strong economy: wage growth, low unemployment, low inflation and now increase in home sales. We are moving to a more normal buyer/seller dynamic that will help move some of the inventory built up in the market. But, buyer’s still have a bit of an edge right now, so let’s help our borrowers use that to their advantage. Listen in as we discuss this and more!
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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.
About Today in Mortgages
Today in Mortgages, the show where we try to make sense out of the click-bait headlines in Mortgage and Real Estate news that clients and buyers are being flooded with every day. We’re trying to find our what’s real and what’s hype in the market news and discuss how mortgage and real estate professionals should be navigating these tricky conversations with clients who are getting scared away from the housing market.
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The Fed raised rates .25bps instead of the expected .50bps due to the tension in the market. And, with lenders tightening credit all these factors can help fix inflation, could this potentially slow or end the Fed rate hikes?
Fear and uncertainty are playing a bigger role in today’s housing market than many people realize. In this episode of Today in Mortgages, the conversation focuses on how fear impacts both homebuyers and loan officers — and how education, preparation, and trusted guidance can shift decision-making from emotional to confident. From the importance of pre-qualification to understanding local market data over national headlines, the episode highlights practical ways professionals can help buyers navigate the process with clarity and confidence.
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