Deceived by Data: Deciphering New Home Sales

Can the same data be positive and negitive? Yes! Don't be deceived! In a world awash with data, not everything is as it seems. This episode dives into the intricacies of the latest New Home Sales Report, revealing the contrasting narratives of monthly and yearly figures. While sales may be down month-over-month, the year-over-year stats tell a different story. Join us as we unravel the numbers, offering insights into why it's crucial to look beyond the surface and understand the broader context. Data can be deceiving, but with the right perspective, you can uncover the truth.We cover all this and more as Mark answers questions ranging from refinancing, reverse mortgages, buying investment properties, and even reverse mortgages. this was an action packed showJen is in the studio keeping us all inline, woman-ing the anytime hotline and keeping Mark on task!Learn more about Mark Eitel, the team, and the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline Thanks for tuning in, and we'll see you on the next episode of "The Mr. Mortgage Show"Let's Connect! Feel Free to Call Text or Email Mark Eitel NMLS #1929005Call or Text us: 561-935-5474 (Main Office)Email: [email protected]:00-Intro01:35-Deceiving Housing Data04:05-looking too closely at the data05:25-the experts were wrong again09:00-rates too high to refi10:00-we’re back10:52-this weeks housing data reports12:07-non warrantable condo mortgage options15:47-refi investment property as primary residence17:49-no income verification investor loans19:05-we’re back 219:44-debt consolidation with cash out refinance21:47-bridge loan buy before you sell23:32-HECM reverse to purchase26:01-rate buy down today or wait and refinance28:55-we’re back 329:28-Refinancing out of a 3-2-1 buy down31:45-pay off back taxes with a rec refinance33:49-porting my mortgage35:05-refinance in a depreciating market36:53-bank said no to my heloc what now38:23-wrapping up