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People don't call us because they need a mortgage. They call us because they need help making a housing decision.
Mortgage Matters is a Las Vegas, Nevada-based radio show and podcast hosted by mortgage advisors Roland Daniels (NMLS 355859) and Heidi Griffith (NMLS 2247754) with Geneva Financial. Airing every Sunday at 7:30 AM on KUNV 91.5 and available wherever you listen to podcasts, the show explores the real-life decisions, opportunities, challenges, and financial realities that shape where and how we live.
Every week, Roland and Heidi tackle the housing conversations people are already having around kitchen tables, at family gatherings, and on social media. Should I buy or wait? Is my first home supposed to be my dream home? Should I move up, downsize, invest, or stay put? How do I build wealth through real estate? What's the smartest use of my money? Through honest conversations and practical guidance, they help listeners make sense of the choices involved in renting, buying, selling, investing, and planning for the future.
Drawing on decades of mortgage and housing experience, Roland and Heidi break down real mortgage questions, homeownership strategies, down payment assistance programs, FHA loans, VA loans, conventional financing, housing affordability, wealth-building opportunities, and the financial realities that influence housing decisions.
Mortgage Matters also shines a spotlight on the people and organizations working to strengthen communities across Las Vegas and Nevada. Through conversations with housing advocates, nonprofit leaders, educators, elected officials, and local changemakers, the show explores the issues that affect housing, opportunity, economic mobility, fair housing, and homeownership throughout Southern Nevada.
Roland and Heidi are active community educators who lead free homebuyer workshops across Nevada in partnership with organizations including the Nevada Housing Division, Chicanos Por La Causa (CPLC), and Nevada Rural Housing Authority. Roland serves as a director with the local chapter of the National Association of Real Estate Brokers (NAREB), and Heidi serves as President of the Silver State Fair Housing Council, where Roland is also a board member. Together, they bring mortgage expertise, housing advocacy, community involvement, and a passion for helping people make informed housing decisions to every episode.
Announcer 0:00
This is a KU NV Studios original program. The
Wesley Knight 0:04
content of this program does not reflect the views or opinions of 91.5 Jazz and More, the University of Nevada Las Vegas, or the Board of Regents of the Nevada System of Higher Education,
Music 0:22
the
Roland Daniels 0:43
Good morning, Las Vegas. Welcome to Mortgage Matters. I'm Roland Daniels, a certified mortgage advisor with Geneva Financial. My NMLS number is 355859 Our company NMLS number is 42056 and I'm here this morning with my fantastic co-host Heidi Griffith. Good morning, Heidi.
Heidi Griffith 1:07
Well, good morning, Roland. Happy Sunday.
Roland Daniels 1:09
Happy Sunday,
Heidi Griffith 1:10
I'm Heidi Griffith. I'm also a mortgage advisor and your director of client services. My NMLS number is 2247754 So every week we kind of talk about what the last week brought, and we do. We see out, you know, what I've been noticing a lot.
Roland Daniels 1:27
What is that?
Heidi Griffith 1:27
It seems like interest rates are the only conversation people are having right now.
Roland Daniels 1:32
Um, yes, that is probably the number one question we've been hearing lately. We,
Heidi Griffith 1:37
we've done some events in the valley. We were actually at a union hall this week, a lot of you. We've done a lot of stuff this week, and you know, I could talk to 10 people, right? And the first question that they ask us is, is it a good time to buy a house? That's probably number two. But then the next question directly following up, and the line of folks that we talked to after that, it's, what's the interest rate.
Roland Daniels 2:00
What is the interest rate?
Heidi Griffith 2:02
Almost like that's, you know, that number, that interest rate, that single number kind of explains everything. And it really got me wondering, do you think people are actually asking about rates when they ask about rates, or do you think they're really asking about something else?
Roland Daniels 2:18
Well, sometimes I really do think they are asking about the rates,
Heidi Griffith 2:23
yep,
Roland Daniels 2:24
but rates can affect their, you know, their payment, right, affordability, their loan qualification, and their confidence. So
Heidi Griffith 2:32
that's a good reason to ask.
Roland Daniels 2:33
Maybe, maybe that is the key, right? Confidence, right? But a lot of times people are really asking, am I making a mistake by buying now?
Heidi Griffith 2:44
That's a.. it's a great question.
Roland Daniels 2:46
And then we also hear, should I wait? Am I going to overpay? What does that look.. is
Heidi Griffith 2:53
there something I don't know that somebody else knows? Do you have that crystal ball? It's broken, is
Roland Daniels 2:58
broken,
Heidi Griffith 2:59
is broken. You know, I think you're right. People want certainty, you know. If you experienced the big crash in 2008
Roland Daniels 3:10
right, it
Heidi Griffith 3:10
left many of us, myself included, with a really bad taste in our mouths. We went through a lot. We went through a lot in that time period. Well,
Roland Daniels 3:17
there was a lot of uncertainty,
Heidi Griffith 3:19
and I feel like coming into where the market that we're in now, sometimes there's not as much certainty about a lot of things, about a lot of things, so it makes it really overwhelming and confusing, and I really believe that people don't want to think that, you know, they bought at the wrong time, because I did, I bought right before the crash, I felt it, I know that when the next property came up, I had to think really long and hard about the decision I made, because I do sit with, although you know that time period wasn't my, it was no one person's fault, it was, it was a combination of so many different things,
Roland Daniels 3:55
all the different variables fell in place at the same time.
Heidi Griffith 3:58
Yeah, and you know, when you're making a housing decision, don't you think it really becomes way more emotional than people would expect.
Roland Daniels 4:05
I agree, because you do feel every single emotion when you're in the process of purchasing a home, whether you're feeling anxiety, fear, you're feeling happiness, excitement, and of course uncertainty. Well,
Heidi Griffith 4:19
you feel it all,
Roland Daniels 4:20
you feel that every.. I mean,
Heidi Griffith 4:21
we talk to people who are in.. you know, their offer has been accepted, they're in escrow, they're getting.. they're working towards closing. We're going through underwriting, we're doing all of that stuff, and I could receive a call, you know, during this time frame, and it'd be this joyous time, and then another call with.. what are we doing?
Roland Daniels 4:40
Then you're nervous,
Heidi Griffith 4:40
and so, yes, we do go through all of this more, you know, some people more than others, but I think all of us, regardless of how analytical and number driven we are, I bet even you get a little emotional during the process,
Roland Daniels 4:54
I do get emotional, and you,
Heidi Griffith 4:55
you're pretty analytical, you're an analytical guy, you're a numbers guy, so I am. You understand what that whole process feels like. It's, yeah, it's a lot, so you know it's interesting because rates are just one number of an entire puzzle.
Roland Daniels 5:12
Yes, rate is just the most important factor. What about the cost of the rate?
Heidi Griffith 5:17
And that's interesting because rates are just like one piece of the puzzle, it is
Roland Daniels 5:21
just one piece of the puzzle,
Heidi Griffith 5:23
because buying a home isn't just one number,
Roland Daniels 5:25
it's not.
Heidi Griffith 5:26
It's not, maybe people are looking for rate, maybe they're looking for certainty.
Roland Daniels 5:32
Yes, I agree.
Heidi Griffith 5:34
If anything that we talk about today sparks interest, if you have any questions, or you feel like you're kind of in this spot, please feel free. You can give us, call, or text us. We're at 702-540-0420 Again, you can reach us by calling or texting us. We're at 702540420 So now that you know number one question, what's the rate? Then you turn on the TV, or you go to the internet, you go to your socials, you're scrolling, because
Roland Daniels 6:05
we're all on social,
Heidi Griffith 6:06
man. Oh man, no wonder we're all confused.
Roland Daniels 6:13
Yeah, so a lot of information coming to us on a daily basis.
Heidi Griffith 6:16
First of all, the amount of information we get, so we have all this information overload,
Roland Daniels 6:21
yep, bombarded 24/7
Heidi Griffith 6:23
and then all of these headlines, right, these headlines that may not even match one day to the next,
Roland Daniels 6:31
and why?
Heidi Griffith 6:32
Because headlines sell stories,
Roland Daniels 6:34
absolutely,
Heidi Griffith 6:35
headlines still sell stories. I mean, I learned it firsthand when I was, I was interviewed by the Nevada Independent, you were, and we were talking about affordability in the state, and you know, most reporters will go out and talk to a number of people around whatever topic they're reporting on, and so first and foremost, my entire interview wasn't included in the article, which is understandable, but specific things were pulled out of my opinions,
Roland Daniels 7:03
right? Not the entire story.
Heidi Griffith 7:05
She didn't report it inaccurately. She, she reported what I said, and she's a great reporter. It was a great piece, but did you get all of the information? And was my information the word of law? No, no, was not, you know, it was my opinion, so it was my opinion in print, so take with that what you will, and there's just so much information, especially when it surrounds housing, because housing is, it's a hot topic on a national level,
Roland Daniels 7:36
right,
Heidi Griffith 7:36
right, and you can take a look, and let me start here, I pulled some stuff, recent stuff. So, this is an old news, right? So, I've got an article from Housing Wire. So, this is what we're talking on a national level from May of this year. Inventory is rising, but homes are selling faster. Take it back a little bit to March 2026 from the Nevada Independent. Nevada remains short approximately 124,000 housing units, and housing affordability remains a major challenge. Clark County rents have increased more than 55% since 2018
Roland Daniels 8:12
and that's a lot, that's a big number.
Heidi Griffith 8:14
And these are headlines, and these are facts. Right, then we take it to may 12, KTNV, right here in Las Vegas, more homes available, fewer sales, medium price below 2025 peak. So we have three different stories reported within just the past few months,
Roland Daniels 8:30
right? And some within a week,
Heidi Griffith 8:32
completely different headlines. One article says inventory is up, the next article says we have a housing shortage, one states homes are sitting on the market for longer. Looking here, another says homes are selling fast,
Roland Daniels 8:46
right?
Heidi Griffith 8:46
One says buyers have more leverage, another says affordability is terrible.
Roland Daniels 8:51
So, what are people supposed to do with all of
Heidi Griffith 8:54
this? It's a lot, right? Absolutely, that could confuse anybody,
Roland Daniels 8:58
right?
Heidi Griffith 8:59
You know which headlines, right?
Roland Daniels 9:02
How do housing stories often sound contradictory?
Heidi Griffith 9:05
And they do. They do. I just proved that point. You did you and I, you know, we, we share articles with one another about it
Roland Daniels 9:12
every day,
Heidi Griffith 9:13
every single day. You know, I'll send you a text, you'll send me a text. We get emails, we talk about it,
Roland Daniels 9:18
we get phone calls,
Heidi Griffith 9:19
and the interesting thing is, one day we're reading the sky is falling. The next day we're reading you better hurry up and buy it's just.. it's a lot.
Roland Daniels 9:28
So, how does the average consumer process this?
Heidi Griffith 9:31
It's difficult. It's difficult, and it's about doing research and talking to people, maybe not just one person, because again, I have big opinions, and my opinions are not everyone's opinions,
Roland Daniels 9:43
right? Just pay attention not to speak with the street committee.
Heidi Griffith 9:47
Well, yeah, we'll talk about the street committee, I'm sure, at some point today. But you know, it's almost information overload, isn't it?
Roland Daniels 9:53
I think so. You
Heidi Griffith 9:54
take in so much, and you're kind of like, I can't even deal with this anymore. I don't know when a good time to buy us, I. I don't know if rates are going to come down,
Roland Daniels 10:02
so when individuals hear all of this information, what can happen and cause you to just stop analysis?
Heidi Griffith 10:12
Oh, paralysis, no doubt, no doubt. I mean, you get to a point where you're just like, I don't know what to do with this, just forget it,
Roland Daniels 10:20
right? And we just stop, and don't we don't do anything at all.
Heidi Griffith 10:23
Yeah, yeah.
Roland Daniels 10:24
So, the truth is, many of those headlines can be true at the same time.
Heidi Griffith 10:30
They can,
Roland Daniels 10:31
right? The problem isn't that people aren't paying attention. The problem is they are hearing different things. So, somebody has to be right. Do you agree?
Heidi Griffith 10:43
I think that's where people get stuck, because after you hear all those headlines, people start thinking somebody gotta be right. Somebody has to be right.
Roland Daniels 10:50
Yes,
Heidi Griffith 10:51
so if somebody has to be right, that means somebody has to be wrong, because that's how we naturally think, right? If inventory is going up, then housing can't be under, under supplied,
Roland Daniels 11:02
right.
Heidi Griffith 11:03
Well, I don't know if homes are sitting, then homes can't be selling quickly,
Roland Daniels 11:08
right?
Heidi Griffith 11:09
Except housing doesn't work like that.
Roland Daniels 11:10
It does not. It
Heidi Griffith 11:11
doesn't, you know, we are in several different kinds of markets. First and foremost, we have the national market. The national market, although it affects all of us on a national level,
Roland Daniels 11:25
right.
Heidi Griffith 11:26
We have our local markets, so regardless of where you live, where you live is your market, right. Every
Roland Daniels 11:32
market is different,
Heidi Griffith 11:33
every market is different, but even bigger than every market is different, every market has sub markets, right. So we were talking about this yesterday, you know, we were talking about where people want to live, and those being sub markets. So, for example, if a house came on the market in, we'll just call it Summerlin, because that's one people like to talk about a lot. A house came on the market in Summerlin, let's say it was listed at 424 bedrooms, thing single level $420,000 in Summerlin. How quickly would that house sell?
Roland Daniels 12:08
That would be a great opportunity, and I'm pretty sure you would have offers immediately,
Heidi Griffith 12:14
probably sight unseen. And then, then the bigger question would be, why is that house listed for that? What's what's wrong with it? And maybe nothing's wrong with it. Maybe the seller just really wants to get rid of it today. Well,
Roland Daniels 12:25
if it was at 420,000 I think I would probably put an offer in on it as well.
Heidi Griffith 12:30
Well, I'll keep my eyes open for you, let our real estate friends know about that. But, but, yeah, so every market has sub markets. The luxury market in Las Vegas
Roland Daniels 12:39
is hot. The
Heidi Griffith 12:39
million dollar plus it's out there just doing its things, you know. And then there's, you know, different areas of the valley or different price points. Now that you know, we're still seeing people, because affordability is still a big topic, and it's probably one of the biggest things that you and I fight for in our industry,
Roland Daniels 13:00
because we don't want you to be house poor, and affordability is probably one of the number one factors.
Heidi Griffith 13:05
Absolutely, and it's tough, and we talk to people all the time, and understand that wages aren't keeping up with the cost of not only homes but the cost of living, right? But
Roland Daniels 13:18
because everything is going up, except for our wages,
Heidi Griffith 13:22
I know, I know, but we are getting folks into home. I mean, we're seeing a lot of the people that we work with are purchasing homes under 400,000
Roland Daniels 13:33
Yes, you
Heidi Griffith 13:34
know, we told a story a couple weeks ago about Lillian, who needed to stay at a very specific monthly number, so that she wasn't overextended. She knew that going in, and she was able to find a three-bedroom condo for under $300,000 Sure, actually, well, under $300,000 in a really nice area, nice community. It was just, you know, a needle in a haystack. It took some searching. It took a great real estate professional on her side to help her through all of that. It's still doable. It's just not nearly as easy as it used to be, not nearly as easy as, but it
Roland Daniels 14:12
can be done,
Heidi Griffith 14:13
you know. And so housing isn't just one market, it's 1000 of individual decisions that happen at one time, and I think that's kind of what frustrates people,
Roland Daniels 14:24
right.
Heidi Griffith 14:24
Everybody wants a simple answer. Is it a good time? Is it a bad time? Tell me, tell me if it's a good time or a bad time. And I think the answer, regardless of what market we're in,
Roland Daniels 14:33
is it depends.
Heidi Griffith 14:34
It depends,
Roland Daniels 14:35
right, because everybody's situation is different. My spending, my income, my credit is all different from yours,
Heidi Griffith 14:42
100% and people aren't confused because they're uninformed, are they? No, they're confused because they're receiving information that sounds contradictory. That's my two cents on it.
Roland Daniels 14:54
Well, maybe that's why people start looking for what we like to call. Called the shortcut, right? A number, a signal, something simple. Is it as simple as it sounds? Is it? Is it
Heidi Griffith 15:07
a good market or is it a bad market?
Roland Daniels 15:10
It all depends. Is it
Heidi Griffith 15:11
time to buy? It
Roland Daniels 15:12
depends.
Heidi Griffith 15:13
Yeah, and you know, and I think that's kind of how we keep in these conversations, circling back to rates.
Roland Daniels 15:20
I agree. I
Heidi Griffith 15:21
think it's one of the strangest things we see every single day. Everybody has this magic number. I talk about it almost weekly on air,
Roland Daniels 15:29
right? And that magic number can be anywhere from 5% five and a half to even 6%
Heidi Griffith 15:34
You could, you know, what? What is that magic number? Is it five? Is it six? Is it 4.25 What is the magic number? Who decides what that number is? So this is an interesting thing. There was a recent survey by Clever Real Estate that caught my attention. They surveyed 1000 prospective millennial buyers, and listened to this: 51% said they would only consider buying if rates were 6% or lower.
Roland Daniels 16:04
Wow, that's a big number. 51%
Heidi Griffith 16:07
51 So just over half of 1000 people said they'd only consider buying if rates were six, or yeah, or better. Okay, call it
Roland Daniels 16:16
okay.
Heidi Griffith 16:17
Why 6%
Roland Daniels 16:19
That's a good question. Why
Heidi Griffith 16:20
not 6.25
Roland Daniels 16:22
Maybe the psychology, the number of it, because we'll see rates at 5.99 in people using their psychology, 5.99 compared to 6%
Heidi Griffith 16:34
and that's that's why marketers, I mean, go to Walmart, look at prices, nine seven is one of those kind of psychological numbers, right? But yeah, why not 5.75 If you're going to say the number six, if 50% of these people are saying the number is six before they're, why not 5.75 Is it because it's headline news? Rates are up, rates are down. I don't know how many times you know, let's go back six months. Rates haven't done a whole lot, they've trickled up
Roland Daniels 17:06
in six months. Actually, you're right, rates have actually increased, we've seen decreased,
Heidi Griffith 17:11
right? But you could catch a Wednesday where rates, there's what we call a blip in the market, right? And rates may come down, I mean, so minuscule that you wouldn't see a difference in your pain, yeah,
Roland Daniels 17:24
maybe a few dollars,
Heidi Griffith 17:25
right? And the headlines are
Roland Daniels 17:28
rates,
Heidi Griffith 17:29
rates dropped,
Roland Daniels 17:30
dropped,
Heidi Griffith 17:31
rates dropped, and we get phone calls. We heard that rates dropped. I'm ready to refinance. I heard that rates dropped. The numbers are exactly the same as we talked about last week, and it appears just based on all of the things that are happening,
Roland Daniels 17:45
all of the indicators,
Heidi Griffith 17:46
they're going up.
Roland Daniels 17:47
Yes, so is it
Heidi Griffith 17:48
that the headlines are driving us towards rates? Is it social media?
Roland Daniels 17:56
I think it's a combination of all of it, all of the information about the street committee, I mean, including the street
Heidi Griffith 18:03
committee has a big voice and big opinions.
Roland Daniels 18:05
They do.
Heidi Griffith 18:06
We all, I bet everyone that's listening can think about a person who you know in your life that loves to give information, and sometimes it's great information. They can be the
Roland Daniels 18:18
person who has the greatest influence,
Heidi Griffith 18:20
and they might have the, and they might actually have good intent, right. But first, I've talked to some of these folks who we were at an event just this week, and he came up, and he knew everything about everything. He told me what rates were going to do. He said that it's not a good time to buy, you have to wait three. I mean, he gave me a specific. He told me you have to wait three years, because rates are going to just bottom out in three years, and the housing market is going to crash in three years. This is what this guy told me. Maybe
Roland Daniels 18:53
he has the crystal ball, because ours.. I
Heidi Griffith 18:56
actually, I asked him if he had a crystal ball, and then I said, so how long have you been in your house, and what interest rate do you have, because I was genuinely curious, how this guy, I mean, he, he knew it
Roland Daniels 19:08
all right,
Heidi Griffith 19:08
he had some passion behind what he was telling me, he said, oh no, I don't own a home,
Roland Daniels 19:12
say that again,
Heidi Griffith 19:13
I'm, I said, so you're waiting for that three years, he said, well, yeah, we'll see where I'm at. At that point, I was like, okay, okay. Well, that's cool. Everybody has, you know, the right to have their own opinion, but sometimes the street committee is out there giving bad information, and sometimes they're doing it for their own reasons, you know. There are people in the world that don't want to see other people move forward and succeed, so with this magic number, let's call it six, since that's what the survey said. The survey said that their buyer confidence wouldn't be there until it was 6% What happens if rate hit 6% tomorrow? Would these people actually buy?
Roland Daniels 19:56
That's a great question,
Heidi Griffith 19:57
or would there still be something, something?
Roland Daniels 20:00
Know, stop and prevent them from buying a house.
Heidi Griffith 20:02
Yeah, because half of those prospective buyers have drawn this imaginary line in the sand.
Roland Daniels 20:06
Right?
Heidi Griffith 20:07
What I find even more interesting from that survey, because survey again headlines, they're contradictory surveys. Sometimes have some fun stuff buried into them as well. They do. 78% of these people said that lower rates would entice them to buy, they'd be more driven to buy if rates were lower,
Roland Daniels 20:24
but what is lower?
Heidi Griffith 20:25
Well, that's it. And we'll use that 6% because that's what was this survey was based on. But 61% said that they regret not buying when rates were lower. Let's go back here, we go talking about, you know, 2022 2023 going into 2024 it was that whole Covid time, federal, that whole Covid time, the feds needed to infuse the money, had to
Roland Daniels 20:52
step
Heidi Griffith 20:53
into the market. Why
Roland Daniels 20:54
keep us from crashing?
Heidi Griffith 20:55
Yeah, I mean, here's first of all, people were dying,
Roland Daniels 21:00
yes,
Heidi Griffith 21:00
right. People were losing their lives.
Roland Daniels 21:04
They were at home,
Heidi Griffith 21:04
they were at home, they weren't working, because we had
Roland Daniels 21:07
deployment,
Heidi Griffith 21:08
we had, you know, stay-in-place orders. A lot was happening during that time, and this whole we need to stimulate the economy was not the headlines. No,
Heidi Griffith 21:18
that wasn't the headlines, because Covid was the headlines,
Roland Daniels 21:22
but they had to do something with our economy.
Heidi Griffith 21:24
They did, and they did a great job of
Roland Daniels 21:26
it. I think so.
Heidi Griffith 21:27
I will say that that was probably one of the better things that could have happened during that period, because I would hate to see where we were as a country financially today. Had that a
Roland Daniels 21:38
lot of that uncertainty, or at least gave them hope at that time.
Heidi Griffith 21:42
Heck yeah, it made people want to buy everything. I mean, I don't know if you remember, but I remember you like going to my folks' house during that time, and I would drive past Target, and I would drive past Walmart on my way to my parents' house, right? And, man, people were shopping. I was like, "Wow, you guys have TV, you have cart full of stuff. We are having a good time. We are out here spending money, and that helped the economy. Same thing happened with houses, you know, there were people, because rates were so low, unheard of, low. And you know, if you, if you've listened to us, if you've tuned in before, then you know that we've said this in many instances, but if we saw rates like we saw during Covid, especially those rates in the twos,
Roland Daniels 22:30
something major is going on.
Heidi Griffith 22:33
I don't want to see what's happening.
Roland Daniels 22:34
Me, I mean, I don't want,
Heidi Griffith 22:36
I don't want to have to go through another Covid.
Roland Daniels 22:38
I agree,
Heidi Griffith 22:39
so anything else that could remotely be on that level, right? It would
Roland Daniels 22:44
be something, but so catastrophic.
Heidi Griffith 22:46
People were buying houses, they were financing houses, even if they had the cash to purchase. They might have normally, in a normal world, bought the property cash, but they were financing money.
Roland Daniels 22:57
Yes,
Heidi Griffith 22:58
so I think a lot of times when we're thinking about buying a house, especially with the street committee, people are looking back at that and going, well, we're just going to wait until rates are two and a half or three and a half or four and a half percent. The likely of that happening anytime in the near future is slim to numb. The one thing that the street committee also told us is that there was this big bubble that was going to burst, and you know, coming out of Covid, I might not have argued with you, I was, I was very cautious,
Roland Daniels 23:29
right,
Heidi Griffith 23:31
but time and time again we've proven in this world that we're not hitting that, especially right here in the valley, prices, although they're not shooting through the roof every day, they're not dropping tremendously, either. You know, we've seen some slowdowns. Sure, we have, because people are sitting in homes that have two and a half and three and a half percent, and they're
Roland Daniels 23:52
not moving, and they're not selling. And
Heidi Griffith 23:54
would you know you were in that problem, unless you had to, unless there was a death, or there was a job change, or a disability, or divorce. There is real need to have to move away from those rates. I was talking with someone, she called me up. She was looking at purchasing a bigger property,
Roland Daniels 24:13
right?
Heidi Griffith 24:14
She purchased in like 2018 and refinanced during that time period, so her rate choice, yeah. She's at like three and a quarter, but her family has since grown by several kids, and so now the house is too small. So she's kind of in this, you know, situation where we got to do something. We've grown, we've completely grown out of our house, right? So let's look at the different scenarios. So that's where we're at right now, is looking at the different scenarios, and she will have to make a decision, and she does understand that her payment, regardless what the property looks like, is going to be nowhere near the almost $1,400 that she's paying today,
Roland Daniels 24:55
will probably triple.
Heidi Griffith 24:57
Heck yeah, heck yeah, so you know. That whole contradiction, I think it's fascinating. People are saying I regret waiting while they still say I'm going to wait.
Roland Daniels 25:11
Yep,
Heidi Griffith 25:11
sometimes their people are waiting for rates. Sometimes I think I really, I think they're waiting for confidence, whether that be, you know, media confidence, whether that be sphere of influence confidence, whether that be internal confidence, but I think it's bigger than the rates.
Roland Daniels 25:28
I agree,
Heidi Griffith 25:30
we still have a lot of stuff to talk about. So, before we get out of here today, let's take a moment to talk about something that's incredibly important to you and I. Fair housing, we talk about it weekly,
Roland Daniels 25:41
every day,
Heidi Griffith 25:42
every single day. Everyone deserves equal access to housing opportunities, fairness, education, and protection. Silver State Fair Housing Council is the nonprofit right here in Nevada that provides education, advocacy, outreach, and supports fair housing issues throughout our entire community, and their work matters. A lot of people don't realize fair housing impacts renters, homeowners, buyers, folks with disabilities, families, seniors, every single one of us. The Silver State Fair Housing Council works hard to help people understand their rights, help housing providers understand their responsibilities, and help create awareness around fair housing protections throughout our community. When people have questions or concerns, it's important that they know that resources are available. Fair housing is an optional, it's law and worth fighting for.
Roland Daniels 26:31
We fight for it every day,
Heidi Griffith 26:32
every single day. So, if you'd like to learn more about your fair housing rights, housing resources, education, and the Silver State Fair Housing Tester program, or just more information about the work they're doing, feel free to reach out, and we'll help connect you. We're at 702-540-0420 Again, that number is 702-540-0420
Roland Daniels 26:54
We'll be back next Sunday morning at 7:30am right here on KU and V 91.5 Until then, believe in what's possible, even if you've been told that it's out of reach, and remember, stay true to yourself and your mind.
Heidi Griffith 27:11
Bye.
Transcribed by https://otter.ai