{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"RE: Real Estate Podcast","title":"Ep.45 - Mortgage Update with Mike Domangue","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0e41b6de\"></iframe>","width":"100%","height":180,"duration":1405,"description":"Ep.45 - Mortgage Update with Mike Domangue\nKeywords\nmortgage rates, real estate, home buying, interest rates, loan products, market trends, FHA, VA loans, home financing, housing market, buyer strategies\n \nSummary\nIn this episode of the R.E. Real Estate Podcast, hosts Clint C. Galliano and Ben Harang welcome mortgage loan officer Mike Domangue from Hancock Whitney. They discuss the current state of mortgage rates, the impact of historical rates on buyer behavior, and innovative loan products available for buyers. The conversation emphasizes the importance of finding balance in the housing market and provides insights into navigating buying and selling strategies. Mike shares valuable information about new loan products that offer 100% financing and no PMI, making homeownership more accessible.\n \nTakeaways\n·         Mortgage rates are influenced by the 10-year treasury bond.\n·         Historical low rates during 2020-2021 are unlikely to return.\n·         A balanced market is better for both buyers and sellers.\n·         Current rates for government loans are in the mid-fives to upper-fives.\n·         Buyers are hesitant to sell due to low existing mortgage rates.\n·         New loan products are available for low to moderate income buyers.\n·         100% financing options are now offered with no PMI.\n·         The Fed is expected to cut rates soon, impacting mortgage rates.\n·         It's cheaper to buy a house than to rent in the current market.\n·         Understanding census tracks can unlock financial benefits for buyers.\n \nSound bites\n\"We need to find a balance.\"\n\"The Fed's gonna cut rates.\"\n\"100% financing, no PMI.\"\n \nChapters\n00:00 Introduction to the Podcast and Guest\n02:12 Current Mortgage Rates and Market Trends\n05:47 The Impact of Historical Rates on Buyer Behavior\n09:32 Navigating the Market: Selling and Buying Strategies\n13:06 Innovative Loan Products and Financing Options\n17:55 Conclusion and Contact Information\n \n \nHosts \nBen Harang, REALTOR® La. ...","thumbnail_url":"https://img.transistorcdn.com/No9eufPQfJ-gv1wSG-sdTgEYsdkKimgOhjMA3k0fuXk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YTAw/NjI1ZDQ0NTg5OTFl/NGM5YzQ5NGU2MTQ2/YzMwNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}