July 27th, 2022 7:15 PM by Eric Willner
Radio Show Notes 7/27/22 Wednesday:
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Radio Show Notes 07.27.22 – Wednesdays- Mortgage & Midweek Report on The Real Estate Show
By Eric Willner, Host of The Real Estate Show, America’s longest running daily radio show about real estate.
In the Wednesday Mortgage & Midweek Report edition of The Real Estate Show, Eric Willner hits the top Real Estate related headlines and how real estate is still the best vehicle for long term wealth building and financial wellness.
Key Points:
- The 30 year fixed rate mortgage is now:
o National Average 5.84%
o Federal Benchmark 5.70%
- Baby Boomers are aging out. This will have an effect on housing inventory.
- First Mortgage Default Rate is at highest since September 2020 (Pandemic)
- Foreclosure Starts are creeping up
- Loan Modifications are up, Deeds in Lieu of Foreclosures are down
o Borrowers are not just giving up yet
o Real Estate demand is cooling, but still strong
.
Finally, do not panic from the Fake Media headlines, stay informed, and use your best judgment. The situation is rapidly changing, so focus on putting policies and procedures in place to keep your perspective.
Listen to the show live or the archived version in its entirety for all the tips, facts and ideas discussed today.
Want more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner. The Show is Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio station WSBR: AM 1470, FM 95.3, FM 96.9, and more. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook.
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Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.
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