October 2022

Welcome to the Mortgage Update with Mike and Joe, featuring Mike Pulver, SVP, Residential Mortgage Manager, and Joe Leone, GVP, Mortgage Operations Manager! Our podcast airs monthly and presents a recap of the numbers and trends Mike and Joe have seen in the Upstate New York real estate market over last month, plus gives some analysis on what's to come for agents and buyers alike.October 2022: This month, Mike and Joe compare low rate and higher purchase price versus higher rate and lower purchase price, with some real examples that put it all in perspective. With the Federal Student Loan Forgiveness now in effect, we talk about what completing this five-minute application can do for prospective homebuyers with student loan debt. And finally, Mike and Joe take a moment to celebrate the “Most Neighborly City in the United States”  -- and share why they're happy to call it home! This episode was filmed on 10/18/2022. All numbers and rates are accurate as of filming date.- Helpful Links - Genesee Regional Bank Home Mortgage: https://www.grbbank.com/home-mortgage...Submit your questions for next month's podcast: http://grbbank.com/mike-joe-market-up...Genesee Regional Bank | Member FDIC | NMLS#417491 | Equal Housing Lender | www.grbbank.comMike Pulver, SVP, Residential Mortgage Manager NMLS#410020Joe Leone, GVP, Mortgage Operations Manager NMLS#6780