Ep. 164 - Home Prices Keep Rising | May Lending Update Pt. 1

In part one of May’s lending update, Quinton and Daniel Halverson dive into the latest financial headlines. With a staggering 11 trillion dollars in accessible home equity and consistent home price appreciation, they explore the opportunities for homeowners to leverage their equity and position themselves for future moves. As interest rates remain a hot topic, they share insights from their conversation with Raphael Bostic, head of the Atlanta Federal Reserve, and provide valuable resources for buyers looking to secure the best mortgage rates in the current market. If you work in the real estate industry or are looking to buy or sell your next home, this episode is a must watch.

[00:00 - 02:32] - Introduction

[02:33 - 05:39] - Technology in Real Estate

[05:40 - 09:28] - Homeowner Equity Peaks and Tappable Equity

[09:29 - 11:03] - Leveraging Home Equity 

[11:04 - 14:28] - Home Price Resilience 

[14:29 - 16:06] - Consecutive Home Price Growth and Loan Size Increases

[16:07 - 18:24] - Impact of Inflation

[18:25 - 21:40] - Best Practices for Buyers and Real Estate Agents

Resources:

Secret to the BEST Interest Rate: https://bit.ly/wy1msecret
May Lending Update: https://bit.ly/4bMNDzx

Key Quote:

“There's a storm brewing in a good way” - Daniel Halvorsen

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Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

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