Are home buyers getting a true deal with record low interest rates?
*** The Adverse Market Fee discussed in this episode will not take affect until December 1, 2020. ***
Interest rates are at record lows. But with so few homes on the market, many buyers are getting into bidding wars — driving up home prices.
Cari Kimball Meabon, Senior Loan Officer at Guild Mortgage also goes over a surprise announcement from Freddie Mac which is adding interest to new loans.
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Published: Wednesday September 02, 2020