Valerie Gaffney

6 key questions to ask your mortgage broker 🏠 Choosing the right mortgage broker can make a world of difference in securing the best loan. Make sure you're well-prepared with these essential questions before signing on. Here’s what you’ll find: ❓ Key inquiries to gauge your broker’s expertise and services 📋 Tips on understanding loan terms and repayment structures 💡 Advice on identifying potential red flags Equip yourself to make the best mortgage decision—click below to access the guide! 🔗 https://lnkd.in/e99akuAU #MortgageBroker #HomeLoanTips #FirstHomeBuyers #PropertyInvestment #SmartBorrowing

Mortgage rates and buyer demand typically go hand in hand 🫱🏼‍🫲🏽 If you’re looking to sell, you may want to get ahead if the crowd… because once rates drop, competition will increase and competition will go up even more! Read more below!

Looking to excel in the mortgage industry? If you have been in the mortgage industry for less than 2 years, what are you doing to enhance your skills and accelerate your success? Remember, when starting any new career it is important to build a strong foundation and invest in additional training. Why should you consider supplemental courses? 1. Increased Knowledge: Gain deeper insights and understanding of essential concepts. 2. Valuable Tips & Tricks: Learn practical strategies to navigate the industry effectively. 3. Fast-track Your Earnings: Implement actionable techniques to start making money sooner. Ready to take your mortgage career to the next level? Explore a supplemental course and that could help you pave your path to success in the mortgage industry! https://lnkd.in/geftMUH9 #mortgage #MLO #LoanOfficers #MortgageCareer #ProfessionalDevelopment #SuccessTips

Mortgage rates trend down as the labor market loosens

"The definition of insanity is doing the same thing over and over and expecting a different result." And that is what plagues the mortgage industry. When the market goes bad, we are told to go back to basics. But what if the basics we were taught are good, but also create the same cyclical mess? The mortgage industry has been taught to focus on prospecting and selling since the beginning. But the foundation of a successful loan officer extends beyond just acquiring leads because new business alone doesn't create sustainability. Our mission is to empower you with strategies in 4 key areas that not only support growth but longevity: Conversion Scalability Performance Modernization

Rates on the decline! Will the trend continue? Check out your mortgage markets in aminute!

🌞🔥 On this day in 1987, Sacramento, California, experienced a scorching temperature of 105°F, making it a day for the history books! This extreme heat wave serves as a reminder of the powerful forces of nature and the importance of staying cool and hydrated during intense heat. Whether it was finding refuge in the shade, enjoying a cold drink, or taking a dip in the pool, residents surely found ways to beat the heat on this remarkably hot day. 🍦💦 In the realm of real estate and finance, this day in 1987 also presents an interesting snapshot of the housing market at the time. Mortgage rates were at a steep 10.47%, a figure significantly higher than today's national average zero-points 30-year fixed mortgage rate for prime borrowers, which is around 7.25%. This comparison highlights the ever-changing nature of the housing market, where fluctuations in mortgage rates can greatly influence the affordability of buying a home. 🏠💸 Reflecting on this day in 1987, we're reminded of the challenges and conditions of the era, both in terms of weather and the economic climate. With mortgage rates considerably higher back then, it underscores a period when buying a home was more challenging, contrasting with the slightly more favorable rates faced by homebuyers today. However, it's also a testament to the dynamic nature of the market, where rates can and do change, affecting affordability and accessibility for prospective homeowners. 📈📉 For those navigating the housing market today, this historical perspective serves as a reminder of the importance of resilience and adaptability. While we may not always have control over the timing when we decide to buy, understanding that rates can and do change may offer some reassurance. Let's draw inspiration from the resilience shown during the 1987 heat wave and remain hopeful for the future, both in our personal pursuits and in achieving our homeownership dreams. 🚀🏡 #OnThisDay1987 #MortgageRates #HomeownershipJourney #HeatWave #FinancialInsights Sources: Historical Events: www.onthisday.com Historical Rates: https://lnkd.in/d77QP7U Current Rates: www.mortgagenewsdaily.com

Check out these brilliant ways to save money on your #mortgage. #realestate

Considering waiting for rates to drop before making your move? Don't forget about buyer demand. When rates decrease, competition intensifies. Stay ahead of the game by selling now. Let's talk! Chat with one of our agents at (832) 900 4144. Ambrosi Realty Katy, Texas #RealEstateMarket #BuyerDemand #InterestRates #SellNow #HomeSales #Competition #StrategicMove #TimingIsKey #RealEstateTips #MarketInsights #AmbrosiRealty

Here’s everything you need to know about escrow and #realestate. #mortgagetips

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.