Episode 1: Financial Freedom Fridays - Heading into 2024

In this conversation, Adam and Benjamin discuss the current rates for mortgages and the possibility of rate drops in 2024. They also explore the challenges in the housing market and the impact of an election year on rates. Benjamin provides insights into financing options for non-new build homes, including temporary and permanent buy downs. They also delve into the importance of credit scores and offer tips on improving credit. The conversation concludes with a discussion on considerations for new construction homes and the value of having a real estate professional. Overall, the conversation provides valuable information for individuals looking to navigate the housing market and make informed financial decisions. Takeaways: The Fed has been hinting at the possibility of rate drops in 2024, which could benefit the housing market. Temporary buy downs can provide lower interest rates for the first few years of a mortgage, offering affordability for buyers. Improving credit score is crucial for obtaining favorable financing terms and increasing purchasing power. Having a real estate professional can help navigate the complexities of new construction homes and ensure the buyer's best interests are represented.