Welcome back, Dreammakers! Today, on “Today in Mortgages,” we’re talking about whether your primary residence is a good investment. An article from Yahoo Finance states that you shouldn’t buy a home solely as an investment. Rich and I discuss this statement giving our opinions on the matter. We believe buying a home for most middle income families is their primary investment, and biggest wealth building tool. Especially when you plan to live in the house for many years. Historically, over the last 81 years there’s only been 6 years where home have lost value. We would say that is a pretty good long term investment strategy.

We know fears are high, and and as mortgage professionals, we need to coach our borrowers around these types of questions. We are here to help, so they can make the best decision for themselves and their families.

If you found this episode informative, consider joining Rich Inside the Network for daily coaching and more resources to stay smart in the mortgage world. For now, thanks for tuning in to “Today in Mortgages.” We appreciate you, and we’ll catch you next time!

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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.