Listing Agents: No need Reduce Listing Price, Here’s How To Net More Money For Your Sellers & Win More Listings!
Hello,
This is Joann from Joann Wong Mortgage Group.
I wanted to get this out before the higher rates and costs with the high balance loans kick in and affect the listing market.
What's happening?
1. Fannie Mae - announced last month that increased costs to loans above $647,000 are coming mid Feb for an April 1st delievery date. (these costs will be passed directly to the consumer)
2. Inflation - the current inflation spike has caused a significant spike in long - term rates, which are mortgage rates.
........................
How will it impact you As Listing Agent???
1. Higher rates - With just inflation along, the rates are much higher in all loan types.
2. Higher rates above 647K - With the inflation part kicking in AND the Fannie Mae cost hike, these loans will be hit hardest and by a lot.
How to prepare - This video will provide info on why this will be happening to you and your property, plus who to prepare to conter these offers that will be coming sooner than later.
For more info please visit our website: http://www.JoannWongMortgage.com
Our Clients review: https://www.mortgagelenderreport.com/reviews?loid=115524
Schedule a consultation with Joann: https://calendly.com/joannwong-transglobal/loan-consultation-with-new-client?month=2022-04
This is Joann from Joann Wong Mortgage Group.
I wanted to get this out before the higher rates and costs with the high balance loans kick in and affect the listing market.
What's happening?
1. Fannie Mae - announced last month that increased costs to loans above $647,000 are coming mid Feb for an April 1st delievery date. (these costs will be passed directly to the consumer)
2. Inflation - the current inflation spike has caused a significant spike in long - term rates, which are mortgage rates.
........................
How will it impact you As Listing Agent???
1. Higher rates - With just inflation along, the rates are much higher in all loan types.
2. Higher rates above 647K - With the inflation part kicking in AND the Fannie Mae cost hike, these loans will be hit hardest and by a lot.
How to prepare - This video will provide info on why this will be happening to you and your property, plus who to prepare to conter these offers that will be coming sooner than later.
For more info please visit our website: http://www.JoannWongMortgage.com
Our Clients review: https://www.mortgagelenderreport.com/reviews?loid=115524
Schedule a consultation with Joann: https://calendly.com/joannwong-transglobal/loan-consultation-with-new-client?month=2022-04