Greg Sher

Housing advocate, mortgage executive - champion for homeownership - and an avid sports card collector. Baltimore-raised and Northern Virginia based.

[Greg Sher @1gregsher]

My parents were 30 feet from the President when my mom said she hear a single gunshot - and her, my dad and everyone got under their tables. 45 minutes later, she said she was still shaking. They were guests of .@weijia and are in their 80's. Thank God for our law enforcement.

[Greg Sher @1gregsher]

@jonbrooks concur

[Greg Sher @1gregsher]

@jonbrooks this is through 11/25?

[Greg Sher @1gregsher]

He's not wrong. Bill is very "mid."

[Greg Sher @1gregsher]

Staring down the barrel of a housing kill shot. Our Veterans are in danger - they need our help. That's because congress is about to nearly triple the VA IRRRL refinance fee from 0.5% to 1.42%. On a $325K loan, that's $1,625 today versus $4,615 under the bill. Three thousand more, off the top. Roll it into the mortgage and it's $8,550 over the life of the loan.

VA rules require a vet to recoup the cost of a refinance within 36 months or the loan isn't allowed. Today that takes about 18 months. Under this fee, that grows to nearly five years, meaning the loan would no longer qualify.

This would wipe out thousands of refi candidates.

Read the rest here: https://t.co/ICkfbDzD0A

[Greg Sher @1gregsher]

@charliebilello I agree, however unpopular the idea of a correction may be.....

[Greg Sher @1gregsher]

@TBitTwo @HomeLoanBill @4score__7 what's up brother - good stuff

[Greg Sher @1gregsher]

More mortgages in the 6's than below 3%.... a critical threshold.

[Greg Sher @1gregsher]

@LizyHoeffer Lizy the LEGEND!!

[Greg Sher @1gregsher]

@msipes @texasrunnerDFW concur

[Greg Sher @1gregsher]

The biggest lie in housing history......

[Greg Sher @1gregsher]

@NFL_DovKleiman No Ja'marr Chase? Must be April fools.

[Greg Sher @1gregsher]

@texasrunnerDFW Don't like this - dangerous.

[Greg Sher @1gregsher]

Over the past three years (May 2023-May 2026), the number of agency-backed loans with interest rates below 4% has dropped from 72.5% to 57%, a decrease of 21.5%.....while the number of loans with rates 5% or higher has shot up from 9.5% to 27.%, an increase of 184%.

[Greg Sher @1gregsher]

Some people will hate on this. I am not one of them. Thank you for your service @pulte . Wishing you all good things in this expanded role. The country needs you.

[Greg Sher @1gregsher]

@VladTheInflator what is the source of this chart?

[Greg Sher @1gregsher]

If you want to blow up housing - do this.

[Greg Sher @1gregsher]

@pulte Greta work - thank you for your continued service!!! The industry appreciate it.

[Greg Sher @1gregsher]

@pulte You're working hard to fix the mortgage industry - thank you. All that's left is to come on my podcast!! Happy birthday and thank you for your service!!!