The 10 Minute Mortgage Podcast

With interest rates drifting lower, what questions might be considered to figure out if a refi is a good move? What does the refinance process look like? What additional requirements you may encounter as a result of the COVID pandemic. As always, talk to a qualified mortgage professional about your specific situation. Thanks for listening.

In this episode, we go below the surface of the mortgage market to shed a little light on the disruptions that are putting upward pressure on mortgage rates in a time other interest are at historic lows. We run long in this episode, it's difficult to provide to encapsulate a complex system in 10 minutes. All things considered, we pack a lot into a short time. Thanks for listening.

How does the recent and severe stock market sell-off affect what you pay for your home mortgage and why? Why have mortgage interest rates increased significantly in the last few days? What can we expect moving forward? Three words, Mortgage-Backed Securities, or MBS.

In this episode, we talk briefly about the different loan programs and products readily available for home buyers. Most importantly, we address the 20% down payment MYTH. You do not need 20% down to purchase a home. As always, consult a mortgage professional for answers about your specific situation.

Quick tips for getting your credit, bank account, and employment documents in order before applying for a home mortgage.