Mortgage Interest Rates Plummet! — Here’s How to Get Your Rate Even Lower

If you’re interested in buying a home now that interest rates have FINALLY dropped a bit, you won’t want to miss this video. Not only am I going to explain how mortgage interest rates have dropped, but I’m also going to share how to continue to lower your rates for a cheaper home!

Join me for an in-depth discussion on what interest rates look like right now and what you can do to get the lowest possible rates for your buying journey in 2024 and even going into 2025.

00:00 Intro
02:20 Builder Incentives
05:55 Sample Calculation
21:17 Builder Buy Downs
23:10 Buy Down Calculator
26:40 Outro

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👋 Zak Schmidt, Lic# 0759608
🏆 Brokered by: eXp Realty, Lic# 603392

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Disclosures
😀 Info provided is opinion and for entertainment purposes.
💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links.

🔎 Sources
Niche, Wikipedia, TravelTime, Census, Real Estate Commission, NTREIS
😀 Info provided is opinion and for entertainment purposes.
💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links.

Mortgage Interest Rates Plummet! — Here’s How to Get Your Rate Even Lower
#mortgage #interestrates #zakschmidt

[jasminesession]

So knowledgeable! I can’t wait to use you as our realtor when we are ready to purchase!

[QuentinHugee]

I wanted to know if you heard anything about naca and the new policy they’ve implemented. Is there truth that buyers can no longer sell the home after 5 years ? They hold a lien on the home for the life of the loan ?

[cfoster]

Why are the most helpful people never in my state.😖

Two questions for you. Have you talked about the new way realtors are now compensated by the buyers?

Also, do you have a video going over just buying a lot in a development? We want to buy a lot now and build later. The developer does allow this. Most of the videos i find are about buying raw land. Just looking at 2 acres, completely wooded with tall trees, and a river runs across the back property line. All utilities ready to be tapped into but it is in a flood zone because of the river.

[judgejlo]

I have new construction closing early next year. On average what is the latest I can get my rate locked in? I anticipate rates will only go down not up before we close so the longer I can hold the better for us it seems.

[virginiaescalante]

You need to add that the rates are only for a couple of years. The earnest money is way higher. A lot of new builds are not dropping the price that affects their sales. And again only the lender can give more accurate numbers

[lacednationTV]

Where can I get this calculator your using