Mortgage Mom Radio - Podcast
Debbie Marcoux - Mortgage Mom Radio
Mortgage Mom Radio is a mortgage and real estate education show. We help all those who are navigating the real estate, home buying, and mortgage process. You are encouraged to call us with all of your questions 844-935-3634! Our phones are answered 24 hours to help you. Want to be a guest on our next show? Call in Saturday mornings between 7AM and 8AM.
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Top 10 Mortgage Mom Radio - Podcast Episodes
Goodpods has curated a list of the 10 best Mortgage Mom Radio - Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Mortgage Mom Radio - Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Mortgage Mom Radio - Podcast episode by adding your comments to the episode page.
Fed Hold’s Rates – 6th Consecutive Week of Interest Rate Declines – Refi Applications Up
Mortgage Mom Radio - Podcast
12/13/23 • 59 min
Fed announced today they are holding rates again. 6th consecutive week of improved rates. Refi app's up 19%. I also gave great tips for buyers and sellers in today's current housing market! For more information and to get a scenario customized to you, book your free phone consultation today, BOOK NOW We are LIVE on YOUTUBE every Wednesday @ 1PM PST. Interact with us LIVE while we record! Ask us your questions right in the comments. Text "MOM" to 844-935-3634 to receive a link once a week to join the show. Debbie Marcoux is licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID-167867, IL-031.0058339, NC, NV-57237, MO, OR, TN-184373, TX, WA-MLO-237926
2020 Loan Limits have been increased, how does this help you?
Mortgage Mom Radio - Podcast
12/20/19 • 14 min
At the end of every year, we receive all of the updates and changes to guidelines and loan programs. This year we received fantastic news that the Conventional and FHA loan limits are being increased. This very well may help you, even if you already have your loan. This is big news for both purchase and refinance transactions.
Miss lasts weeks show? Don't worry about it, I have all the podcasts up from last week you just have to go back and listen to them. We talked about some really helpful things you won't want to miss out on, so go back and listen you won't want to miss out on it!
How do you get through to Mom? Email is a fantastic way to get through to the Mortgage Mom, [email protected]. Text messages and phone calls are great too! Do you know how to contact us? Text the word "MOM" to 474747 or give us a call 844-935-3634!
Download our Phone App loaded with every mortgage tool that you could need, and last but not least, watch our Homebuyer Workshop Series on YouTube!
AZ-0941504, CA-DBO237926, GA-69178, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: www.nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by AZ # 0918544, CA Department of Business Oversight under the California Residential Mortgage Lending Act # 4131054, GA # 23002, IL # MB.6760898, NV # 3401, OR # ML-5081, TN # 112748, TX, WA # CL-39179.
Down Payment Misperceptions
Mortgage Mom Radio - Podcast
01/26/22 • 24 min
1/24/2022 Thirty-five percent of first-time buyers and existing homeowners believe they need a down payment of 16% to 20% of the purchase price. Ten percent believe they need more than 20% for a down payment to purchase a home, according to survey data from the National Association of REALTORS®. With the recent double digit rise in home values, this can be a very difficult hurdle to push through. The good news, this is not true at all! It is a misperception based on old data from years past. There are low down payment options available. Many might say, "with low down payments you will be forced to pay mortgage insurance." That might be, however there are many programs with less than 20% down payment that offer options without paying a monthly expense for mortgage insurance. There are programs that you will pay for mortgage insurance but at only 3-3.5% down payment, it certainly gets you a foot in the door for homeownership. Have you seen the cost of rent in your area lately? If you have been living in the same home with a long-term rental contract, that's great news for you. Keep your fingers crossed that your landlord does not increase your rents. The current rent vs. own, even with the elevated home prices, is proving to be more beneficial to own a rather than rent. Market Update: 1/24/2022 Home loan rates ticked up this week to the highest levels in two years. Let's discuss what's happened this past week and what to watch in the weeks ahead. "Up, Up, Up - Can only go up from here" ...Up by Shania Twain Interest Rates Rising Globally The U.S. bond market took the long weekend to ponder Federal Reserve Monetary Policy and what they will do at next week's Fed meeting and beyond. Once the bond market reopened on Tuesday, it came to the realization that rates "can only go up from here." Much like 2018, the Fed is hawkish, and they want to raise rates multiple times and possibly "shrink" their balance sheet (sell bonds). The Treasury market saw the 2-year note yield, an instrument that responds to the notion of Fed rate hikes, spike above 1.00% for the first time in two years. The 10-year yield, which many look to as a rate that ebbs and flows with mortgage rates, ticked up above 1.85%, also the highest in two years. Mortgage-backed securities (MBS), where home loan rates are derived, dropped sharply again, pushing rates to the highest mark in two years. The spike here caused ripples abroad, where the German 10-year bund yield crept up to 0.0% for the first time in years. Germany and most of Europe have had negative rates for years and 2022 may be the year that changes. Oil Prices Spiking Just when you thought it was safe to fill up your tank, oil has gushed to $86 ... a seven-year high. This spike is untimely as we are already dealing with 7% consumer inflation and a market fearing multiple Fed rate hikes to fight inflation. In the absence of oil prices receding, it will lead to more inflation and expectations of even more. On the latter, this is the fear of the Fed, that consumers will get comfortable and expect higher prices in the future. Inflation expectations are self-fulfilling, meaning if we expect higher prices, we get them. The opposite is true. It's All About the Fed, Folks There is no lack of opinions on what the Fed will do this year as it relates to interest rates and their balance sheet. And it is this uncertainty that has caused incredible volatility in the stock and bond markets. The markets are fearing the Fed will hike rates four times or more this year. Back in 2018, the Fed hiked rates four times and ultimately stocks declined sharply, and housing was disrupted. Subsequently, the Fed spent 2019 reversing all the hawkishness and cut rates in July 2019. Listening to the Fed is very important as the financial markets and housing are tethered to interest rates, which they control ... to some degree. Let's see what they say and do next week.
What to Do When You Are in Forbearance and Changes to the Application Process
Mortgage Mom Radio - Podcast
03/11/21 • 67 min
Mortgage Mom Radio airs weekly focusing on topics that will educate our listeners around mortgage lending. This week we broadcast from our new Mortgage Mom Radio studio and discuss the new application form used by all mortgage lenders, forbearance and what to do before pursuing a refinance, and tips you can use to help make the mortgage process smoother and easier for everyone. And, as always, we answer your questions submitted in the comment feeds on YouTube, Facebook, and Twitch! Tickets for the Walking Phoenix’s virtual concert benefiting the Pacific Mesothelioma Center can be found here: https://walkingphoenixes.veeps.com/stream/schedule Find Drew’s music at https://irishcowgirlmusic.com/ Rates Hit Historically Low Levels Interest rates hit historically low levels last year due to the pandemic outbreak and the worst quarterly decline in economic growth ever. Those rates have helped millions of homeowners to refinance and save significant money on interest expense. On the purchase side, along with several other tailwinds, low rates have fueled a bonanza in housing. Fortunately, we are closer to getting past the pandemic as vaccines are now seeing widespread distribution. This, along with enormous stimulus measures, pent-up consumer demand, and easy monetary policy, tells us the good times of ultra-low rates may have come to an end. To back up this claim, a Freddie Mac spokesperson said, "New COVID-19 cases are receding, which is encouraging and that has led to a rise in Treasury rates." Translation: Higher rates may be ahead, but not so fast. The Federal Reserve has played a pivotal role in keeping rates relatively low by purchasing $120 billion worth of Treasurys and mortgage-backed-securities per month. But despite those efforts, rates have crept steadily higher in the past month with the 10-year yield moving from .50% last August to the current level of 1.15% due in part to an improving economy, along with the aforementioned vaccination distribution and COVID-19 losing its grip. Should rates move too high too quickly, the Fed will likely do more to try and pin down long-term rates, like purchasing even more bonds. But be aware, rates are subject to inflation expectations along with the direction of stocks and bonds and the economic landscape, to name a few. Bottom line: If the economy continues to improve, rates have no other direction but to move higher. Last year this time in a strong economy, the 30-year fixed-rate mortgage was 3.47% and if rates were to return to those levels, they would still be near all-time record lows. Mortgage Rages are Projected to Stay Low in 2021 While 2020 was definitely a roller coaster of a year, one thing is certain: The real estate market not only met expectations, it actually surpassed them and broke records. As we continue into 2021, people are once again wondering what the housing market will bring. Here are the housing and mortgage projections you want to keep in mind for the coming year. In 2020, 30-year fixed mortgage rates hit record lows, which was one of the main reasons for the thriving real estate market. These rates made homeownership affordable for many people, and eager buyers were ready to take advantage of the savings. Most experts predict mortgage rates will remain low in 2021. As a result, they also predict an increase in home sales. If you're thinking about selling your home, this is good news. Higher demand usually increases home prices, so you'll likely be able to get more for your home. If you plan to buy, you have good news to look forward to as well: Some experts think we'll see an increase in inventory as both new homes from builders and properties from hesitant homeowners who waited out the pandemic hit the market. If you're thinking about buying a new home this year, now is the time to act. Contact your loan officer to learn about the current mortgage rates and plan your next move in this burgeoning market.
Don’t Give Up On Getting Your Loan
Mortgage Mom Radio - Podcast
05/07/21 • 54 min
Mortgage Mom Radio airs weekly focusing on topics that will educate our listeners around mortgage lending. This week Debbie returns from her Mommy Makeover to peel back the curtain a little on the last couple weeks. She then continues on to inform everyone interested in a refinance that you have not missed your window, interest rates are still great for refinancing right now! Debbie and Heidi also go on to discuss loan options most people don't consider and important things to know about filing taxes if you are near closing on a home. A Look Into the Markets "Can you take me High Enough?" by Damn Yankees This past week we watched long-term rates, like mortgages, improve slightly despite a surprising comment from Treasury Secretary, Janey Yellen. Let's break it all down and look at what's on tap for next week. "It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat" - Treasury Secretary, Janet Yellen Janet Yellen was being interviewed on Zoom when she unleashed this seemingly innocent and likely honest comment. Well, it sent shockwaves across the stock market, pushing the NASDAQ down as much as 400 points on Tuesday alone. Yellen was once the Fed Chair, and in that former role, it would be her duty to share comments on monetary policy. As Treasury Secretary, it is not her role to discuss rates. Especially, considering the active Fed Chair Jerome Powell saying over and over just days earlier at the Fed Meeting that "now is not the time" to raise rates. There is big pressure on the Fed to help keep rates low. First and foremost are the upcoming "Plans" being debated in Washington D.C. The American Jobs Plan and American Family Plan are estimated to cost another $4 trillion, on top of the $1 trillion-plus still not spent from the American Rescue Plan. All this spending must be paid for by selling new bonds in the market. What we as a country can't afford now is higher rates as the expense to service all this new debt will be an enormous burden. Sell in May and Go Away Stocks, especially the tech-laden NASDAQ, may have used Yellen's comment as a reason to sell – but some of the downward pressure in stocks may be a seasonal phenomenon called "Sell in May and Go Away". The idea is that stocks generally underperform during the summer months when many take vacations, thereby creating lower trading volume, larger price swings and more risk. As you could imagine, the pain in stocks was a gain for bonds. The 10-year yield declined to 1.56%, down nicely from 1.75% from just a few weeks ago. If the summer selloff in stocks continues, we may see further improvement in rates. Opportunity knocks again With the recent improvement in rates, many more people can still benefit from a refinance and it will certainly help drive the purchase market. However – any rate improvement could be short-lived – here's three reasons why locking at today's rates may make sense: Treasury Secretary Janey Yellen's comments for higher rates, was honest. Lumber and other commodity prices are soaring – higher rates would cool that off. There is growing pressure on Fed Chair Powell to start "tapering" bond purchases. Again, in response to "frothy" assets like stocks and real estate. We are going to see higher inflation numbers over the next few weeks – what we don't know is how high the numbers will be or how bonds will react. Bonds do not like inflation – it's like kryptonite to Superman...a killer. Bottom line: Rates have improved of late, but the good times may be relatively short-lived. Those thinking about locking in today's rates should do so. Looking Ahead Next week we will get a reading on consumer inflation by way of the Consumer Price Index (CPI). It is forecast to come in above 3% year over year – mainly due to year over year increases in oil and commodities. This will be the first time in 50 years since headline year over year consumer inf...
Repairing your Credit with Special Guest George Hartmann
Mortgage Mom Radio - Podcast
11/05/20 • 70 min
Mortgage Mom Radio airs weekly focusing on topics that will educate our listeners around mortgage lending. George Hartmann from creditrepairin30.com joins us this week to talk about credit repair. He gives us a little background on his history in credit repair and shares valuable knowledge and tips on the effect of revolving balances, late payments, identity theft, and how to stay on top of your credit score. We also stick around past the one hour mark for our first installment of our bonus segment, "Mortgage Mom After Dark" that you won't hear on the radio! We are LIVE on YouTube every Wednesday at 5 PM. Watch us record our show! Ask us your questions right in the feed, we'll read those and answer them for you. Make sure to subscribe to our channel and turn on your notifications to know when we get started. Mortgage Mom Radio equips you with all of the mortgage education that you could ask for right at your fingertips! Listen to our Podcast with hours of shows and topics, download our PHONE APP loaded with every mortgage tool that you could need, and last but not least, watch our weekly Homebuyer Workshop Series on YouTube! Mortgage Mom Radio How do you schedule a phone appointment with mom? Call our office, 844-935-3634. Get your free consultation today! Do you want our phone app to have the tools you need at your fingertips? Click the link: PHONE APP Debbie Marcoux is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, GA-69178, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | Heidi Slagle-Points CA NMLS ID 1666881
Fed dropped to near 0%, what does this mean to you? Recession on the way? How do you safeguard?
Mortgage Mom Radio - Podcast
03/20/20 • 59 min
Mortgage Mom Radio air's weekly focusing on topics that will educate our listeners around mortgage lending. Today we focused on the the fed reducing the rate to 0% what does that mean to you? Will you get a zero percent rate for your mortgage?
We also talked about the trying times ahead with talks of possible recession on it's way. How can you safeguard yourself and protect your credit and home? Should you be considering purchasing a home today? If you are a renter, should you be concerned? How do you get your application quickly reviewed and locked in during these times that are so busy for mortgage lenders? It was a jam packed show with a ton of great information!
Tune in every Wednesday at 9AM to watch us record our show live! We typically run at 5PM, but due to the virus and the limited amount of resources, we will temporarily be switching our show to 9AM on Wednesday's instead.
Mortgage Mom Radio equips you with all of the mortgage education that you could ask for right at your fingertips! Listen to our Podcast with hours of shows and topics, download our Phone App loaded with every mortgage tool that you could need, and last but not least, watch our weekly Homebuyer Workshop Series on YouTube! www.mortgagemomradio.com
How do you schedule a phone appointment with mom? Call our office, 844-935-3634. Get your free consultation today! Do you want our phone app to have the tools you need at your fingertips? Click the link below! https://mortgagemomradio.cardtapp.com
Debbie Marcoux is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, GA-69178, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | Heidi Slagle-Points CA NMLS ID 1666881
We talked with Crista Hermance about Trusts! Is it important to have a trust?
Mortgage Mom Radio - Podcast
11/20/19 • 27 min
In this weeks episode we talked with Crista Hermance about why you should have a trust. Some people may think a trust and a will are the same, but they are not! If you want to know what the difference is between a trust and a will, listen to this podcast and you'll learn everything you need to know!
Miss lasts weeks show? Don't worry about it, I have all the podcasts up from last week you just have to go back and listen to them. We talked about some really helpful things you won't want to miss out on, so go back and listen you won't want to miss out on it!
How do you get through to Mom? Email is a fantastic way to get through to the Mortgage Mom, [email protected]. Text messages and phone calls are great too! Do you know how to contact us? Text the word "MOM" to 474747 or give us a call 844-935-3634!
Download our Phone App loaded with every mortgage tool that you could need, and last but not least, watch our Homebuyer Workshop Series on YouTube!
Debbie Marcoux is Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, CA-DBO237926, AZ-0941504, TN 184373, TX
Points vs No Points
Mortgage Mom Radio - Podcast
06/10/21 • 57 min
On today’s segment, Debbie brings in real-estate agent and childhood friend Heather Barkley-Kilpatrick to discuss various topics. Debbie also talks with her son (and high-ranking gamer) Mikey about the details of the online gaming world since she is officially sponsoring that part of the industry. Heather chimes in on the subject and points out how lucrative that business has become in recent years while Mikey relates the gaming industry to the world of sports and what the similarities and differences are. This further fuels Debbie’s ongoing determination to one day do a loan with one of these gamers. Debbie expresses on how her show is tailored to bringing education to her listeners and how important that is. She reveals her various referral partners ranging from insurance agents, realtors and home inspectors. Heather drills down on the subject of referral partners with specifics when she talks about bidding, repairs, contractors, roof inspectors, plumbing inspectors and finding a handyman. Debbie takes the opportunity to express how personable and reachable her team is at all times in all home-buying relations. Debbie and Heather then discuss how the rates this week specifically are going up and down and how important it is to get prepared when doing a re-finance or purchasing a home, especially when locking in a rate. They even talk a little bit about Bitcoin and how things that are happening in the world currently do impact the interest rates. Debbie then urges the importance of future home-buyers to be upfront and honest about their credit scores, especially when getting an accurate quote for their loan. She states that going through the credit report with her clients can enhance benefits to these future home-buyers in the long run due to her leveraging talents and years of experience. Debbie gives examples and scenarios of various options she can juggle through with her clients in order to get to a successful decision. Debbie is consistently asking the audience to be interactive on her show, especially because of the potential of bringing up points that can be discussed more in detail. Heather and Debbie reminisce on the 80’s, their childhood experience together and subjects of hairstyles, clothing styles and make-up. Debbie clearly considers her team-members as “family” and the importance of working with them. Both Debbie and Heather jump back on the subject of loans. They talk about paying points for a loan, conventional loans and other scenarios to help further educate the audience. Education for their audience is their goal. Education from Mortgage Mom Radio is free, so “book an appointment and get educated” says Debbie, even if the client may be going through a competitor lender. It doesn’t matter because they are here to help you. Debbie also gives more scenarios on how dropping mortgage insurance will save the client money. Heather also points out how she was able to combine a first and second loan for a client and save them a “ton of money,” including dropping their mortgage insurance. She also says that because of her client calling in with a goal, Heather was able to analyze the goal and give even better options than what the client first embarked on. Debbie discloses to her audience that they can now make appointments on weekends, which is a positive game-changer for her clients. Heather sympathizes with the potential clients that have random schedules, and drills down on Debbie’s point of being open during the weekends. They get on the topic of loan modifications, deferments, forbearances and how Covid enabled these options. Debbie talks about how her team can strategically help with refinancing due to forbearances and deferments. Debbie and Heather bring up three important points: #1 - Hold on to your loan modification paperwork because that is “golden.” #2 - Make an appointment so they can see your situation and help you with it. #3 - Refinancing does NOT show up on your credit report,
Understanding Pre-Approval and Pre-Qualification
Mortgage Mom Radio - Podcast
04/16/21 • 59 min
Mortgage Mom Radio airs weekly focusing on topics that will educate our listeners around mortgage lending. This week we continue the Homebuyer Workshop series by covering the details of the Bank Statement loan program and more! We are LIVE on YouTube every Wednesday at 5 PM. Watch us record our show! Ask us your questions right in the feed, we'll read those and answer them for you. Make sure to subscribe to our channel and turn on your notifications to know when we get started. Mortgage Mom Radio equips you with all of the mortgage education that you could ask for right at your fingertips! Listen to our Podcast with hours of shows and topics, download our PHONE APP loaded with every mortgage tool that you could need, and last but not least, watch our weekly Homebuyer Workshop Series on YouTube! Mortgage Mom Radio How do you schedule a phone appointment with mom? Call our office, 844-935-3634. Get your free consultation today! Do you want our phone app to have the tools you need at your fingertips? Click the link: PHONE APP Debbie Marcoux is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | Heidi Slagle-Points CA NMLS ID 1666881
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FAQ
How many episodes does Mortgage Mom Radio - Podcast have?
Mortgage Mom Radio - Podcast currently has 269 episodes available.
What topics does Mortgage Mom Radio - Podcast cover?
The podcast is about Investing, Podcasts, Education and Business.
What is the most popular episode on Mortgage Mom Radio - Podcast?
The episode title 'What you need to know about pre-approvals and making offers, and is now a good time to refinance?' is the most popular.
What is the average episode length on Mortgage Mom Radio - Podcast?
The average episode length on Mortgage Mom Radio - Podcast is 42 minutes.
How often are episodes of Mortgage Mom Radio - Podcast released?
Episodes of Mortgage Mom Radio - Podcast are typically released every 6 days, 3 hours.
When was the first episode of Mortgage Mom Radio - Podcast?
The first episode of Mortgage Mom Radio - Podcast was released on May 24, 2019.
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