Low Credit Score = Low Interest Rate: Say What?!

What you need to know about the truth of credit scores and interest rates.

Are you worried about the recent news that’s saying people with lower scores are getting better interest rates for their homes? If so, know that I’m here today to clear the air and show you the truth about this situation. This news has gotten a lot of action lately, but there are some misconceptions involved.

Listen to the video above for a full explanation, or skip to specific topics using these timestamps: 

0:00 — Introduction
0:30 — The truth about credit scores and interest rates
1:30 — Analyzing the Loan Level Price Adjustment (LLPA) graph
2:05 — The reality of the situation
3:55 — Helping people with lower scores to incentive buying homes
5:02 — Wrapping up 

Overall, just know that people still benefit significantly from higher credit scores. If you are still confused or have any questions about this, don’t hesitate to reach out! You can call or email me anytime, and know that I’m always happy to help.

How the Real Estate Market Is Shaping Up: Insights From the Latest NAR Report

An important update on how the housing market is changing all over.

The new numbers from the National Association of Realtors (NAR) for the first quarter have come in, and I’m looking forward to sharing them with you today. Some of the statistics are very interesting and unlike what people predicted. It is my goal to help you understand the real estate market so you can make informed decisions about your housing plans this summer. 

Hear the full market update in the video above or skip to specific topics using these timestamps: 

0:00 — Introduction 

0:26 — The number of home sales 

1:16 — How home prices are changing 

1:45 — Stats are affected by interest rates and affordability 

2:22 — The NAR’s predictions 

3:00 — People have made peace with interest rates, but those could change 

4:31 — What we need from the economy 

5:27 — Why it’s a great time to buy and sell 

6:21 — Wrapping up 

This information should set you on the right track if you’re thinking about buying or selling a home soon. If that’s you, don’t hesitate to reach out for help, as I have the knowledge and experience that you need in your corner. You can call or email me anytime.