Rates down by three quarters of a point. Here's what you need to know about changes in the market!

Aug 10, 2024 · 45m 7s
Rates down by three quarters of a point. Here's what you need to know about changes in the market!
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Listen Saturdays @ 12pm on WDBO 107.3FM | 580AM Welcome to the Loveland report and Loan Arranger Show with Cleve Loveland and Bruce Woodburn. They discuss real estate news, interest...

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Listen Saturdays @ 12pm on WDBO 107.3FM | 580AM

Welcome to the Loveland report and Loan Arranger Show with Cleve Loveland and Bruce Woodburn. They discuss real estate news, interest rates, mortgage business, and market trends in Central Florida and beyond. Interest rates have dropped significantly, improving mortgage rates. The Fed's decision not to cut rates has led to this improvement due to bond market improvements. Rates have dropped by about three quarters of a percentage point in the last few weeks. Current rates range from 6% to 6.5%, with some loans available in the fives for those with good credit. It's important to seek professional mortgage planning to navigate the market. They advise against do-it-yourself credit repair and offer mortgage assistance at 407-250-9144 or WeBringYouHome.com. They also discuss changes in MLS commission rules and emphasize the importance of simplifying transactions to attract buyers. They assure that their team will negotiate commissions and represent clients' best interests. For real estate planning and mortgage needs, they recommend calling Cleve for real estate planning and Bruce for mortgage assistance. They promise to provide top-notch service and ensure a smooth closing process.

Cleve Loveland | Loveland Properties | 407.352.8118 | CleveLoveland.com

Bruce Woodburn, The Loan Arranger | 407.250.9144 | WeBringYouHome.com CrossCountry Mortgage, LLC | NMLS228431 | NMLS1591876 | NMLS3029

#LovelandReport #LoanArrangerShow #RealEstateNews #InterestRates #MortgageBusiness #CentralFlorida #NARCommission #MarketingTips #FedRateCut #BondMarket #CreditRepair #BuyersAgent #ClosingCosts #Homebuying #MortgagePlanning
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Author Bruce Woodburn
Organization Bruce Woodburn
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