Is 7% The New 5%; Mortgage Rates Explained episode artwork

EPISODE · Nov 19, 2023 · 39 MIN

Is 7% The New 5%; Mortgage Rates Explained

from Mr Mortgage Show: Mortgage and Housing News · host Mark Eitel

Mortgage Activity spikes as mortgage rates retreat from the lofty 8% recent highs to a more palatable mid-7% range. Is 7% the new 5% in today's real estate world? We're breaking down what this shift means for buyers, sellers, and the overall market dynamics.Get ready for a lively discussion filled with insights, as we explore whether these numbers signal a temporary relief or a long-term trend.Plus, we'll tackle the buzz around real estate commissions – are they becoming a relic of the past? Jen 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]

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Is 7% The New 5%; Mortgage Rates Explained

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