Demystifying The Mortgage Market
04/09/24 • 55 min
Lender Series #4
Brian Taylor, a mortgage banker with 21 years of experience, shares his insights and advice for real estate agents and buyers. He discusses his journey in the industry, navigating the 2008 market crash, and preparing for market changes. Brian emphasizes the importance of real estate as an investment and encourages buyers to take advantage of the current market conditions. He also discusses the use of 401k funds for down payments and provides an outlook for the real estate market in 2024. The conversation covers various topics related to interest rates, the Federal Reserve, affordability, down payment assistance, and overlays in the mortgage industry. The pressure on the Fed to lower rates is discussed, along with the factors that influence mortgage rates. The swing of interest rates and the historical context of rates are explored. The impact of debt-to-income ratio on affordability is highlighted, as well as the availability of assumable loans. The concept of buying down rates is explained, and the importance of understanding overlays in lending is emphasized. The conversation also touches on down payment assistance programs and the Tulsa Remote Program. The advice for young homebuyers is to consider the affordability of the local market and explore available assistance programs. In this conversation, Brian Taylor discusses the meaning of home ownership and its significance in building wealth and generational freedom. He emphasizes that home ownership is not just a place to live but also a vehicle for creating wealth and providing for future generations. Real estate is seen as the fastest way to build wealth, making home ownership a powerful tool for financial success. You can reach Brian Taylor at 918-728-9178.
Christi Gillentine is the Host of the Oklahoma Real Estate Radio Podcast and Co-Founder of 918 Home Team in Tulsa, Oklahoma. She has been in real estate for over 20 years. She specializes in New Construction Sales and is a Business Coach You can reach her at 918-269-1988 or OklahomaRealEstateRadio.com
Lender Series #4
Brian Taylor, a mortgage banker with 21 years of experience, shares his insights and advice for real estate agents and buyers. He discusses his journey in the industry, navigating the 2008 market crash, and preparing for market changes. Brian emphasizes the importance of real estate as an investment and encourages buyers to take advantage of the current market conditions. He also discusses the use of 401k funds for down payments and provides an outlook for the real estate market in 2024. The conversation covers various topics related to interest rates, the Federal Reserve, affordability, down payment assistance, and overlays in the mortgage industry. The pressure on the Fed to lower rates is discussed, along with the factors that influence mortgage rates. The swing of interest rates and the historical context of rates are explored. The impact of debt-to-income ratio on affordability is highlighted, as well as the availability of assumable loans. The concept of buying down rates is explained, and the importance of understanding overlays in lending is emphasized. The conversation also touches on down payment assistance programs and the Tulsa Remote Program. The advice for young homebuyers is to consider the affordability of the local market and explore available assistance programs. In this conversation, Brian Taylor discusses the meaning of home ownership and its significance in building wealth and generational freedom. He emphasizes that home ownership is not just a place to live but also a vehicle for creating wealth and providing for future generations. Real estate is seen as the fastest way to build wealth, making home ownership a powerful tool for financial success. You can reach Brian Taylor at 918-728-9178.
Christi Gillentine is the Host of the Oklahoma Real Estate Radio Podcast and Co-Founder of 918 Home Team in Tulsa, Oklahoma. She has been in real estate for over 20 years. She specializes in New Construction Sales and is a Business Coach You can reach her at 918-269-1988 or OklahomaRealEstateRadio.com
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The Secret Sauce For A Successful Team
Team Leader Series #2
Jessica Scott shares her journey as a Team Leader from a young solo agent in 2004, offering insight on what has made her team a success and what pit falls to avoid when starting a team. There are many things to consider when start, joining or growing a Real Estate Team. Jessica dives into these details and much more in this episode.
Jessica Scott is the Founder and Team Leader of Jessica Scott and Associates in Tulsa Oklahoma. Her team ranks in the Top 1% in Oklahoma Real Estate. Jessica is one of the most respected Realtors in Oklahoma. You can reach her at [email protected].
Christi Gillentine is a Realtor with eXp Realty and Co-Founder of Tulsa Oklahoma's 918 Home Team. She specializes in New Construction Sales You can reach her at OklahomaRealEstateRadio.com
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Next Episode
Rolling with Industry Changes
Team Leaders Series #3
Jim Miller shares his journey into real estate and how the market has changed over the years. He emphasizes the importance of personal connections and being an expert in the local market. Jim also discusses the challenges of building a team and the need for systems and processes. He advises new agents to find the right brokerage and take the time to learn and understand the market. He emphasizes the importance of staying in the market consistently, even during downturns, and the need to adapt and learn different ways to make money with a real estate license. Jim also talks about the stability of the Oklahoma real estate market and the factors that contribute to its growth. He highlights the influx of people moving to Oklahoma from other states and the opportunities for investment and development in the area. Jim also discusses his approach to sales and customer experience, focusing on building relationships and understanding clients' needs. Jim Miller discusses his unique selling proposition as a real estate agent, which is his ability to cover a large area and provide a joyful and problem-solving experience for his clients. He also talks about his willingness to sell different types of properties, including land and commercial properties, and his approach to helping buyers find their perfect home. Jim emphasizes the importance of community involvement and respectful conversations about politics and religion. He believes that homeownership is the path to the American dream and the basis of personal wealth and freedom. You can reach Jim at [email protected]
Christi Gillentine is the Host of the Oklahoma Real Estate Radio Podcast and Co-Founder of 918 Home Team in Tulsa, Oklahoma. She has been in real estate for over 21 years. She specializes in New Construction Sales and is a Business Coach You can reach her at 918-269-1988 or OklahomaRealEstateRadio.com
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