Kenneth Turkington

President - First Commerce Financial. Florida & Michigan Mortgage Broker. NMLS #137873

[Kenneth Turkington @KenTurkington]

@RedLineReportt YES

[Kenneth Turkington @KenTurkington]

@StandUpForFact YES

[Kenneth Turkington @KenTurkington]

@KirkChivas 😂😂😂

[Kenneth Turkington @KenTurkington]

@KirkChivas That is going to leave a mark!

[Kenneth Turkington @KenTurkington]

@VivekNewsX 👍

[Lance Lambert @NewsLambert]

In a largely fixed-rate housing market like the U.S., a mortgage rate shock pretty much just hits homebuyers on the chin

However... a home insurance shock hits homebuyers AND homeowners

Nowhere is that home insurance shock bigger or more impactful right now than in Florida

[Kenneth Turkington @KenTurkington]

@KirkChivas Nailed it 😂

[The Disrespected Trucker @DisrespectedThe]

This lady was on fire with #abortion and #illegals.

[Kenneth Turkington @KenTurkington]

@ElonMNews A

[Kenneth Turkington @KenTurkington]

@PT109er Cheers!

[Kenneth Turkington @KenTurkington]

@LaterWendy Why do you need to get more than you originally agreed to?? Gross.

[Kenneth Turkington @KenTurkington]

@KirkChivas @GRomePow @TrishaFLsun @m3_melody @SydneyReilly7 @windgineering @KennyCap_Phd @ThouShillNot @evaheeeh @mrsunbubbles How could this not have sold....formica counters, dishwasher is not level, missing cabinet doors, bathroom vanity looks like it was hit with a grinder, other bath has a sliding door in the shower, rest of home hasn't been updated in 20 years....should bring top dollar!!

[John Wake @JohnWake]

House Price to Income Ratio
Nice graphic from 2022.
https://t.co/7uzj1ZF454

[Darth Powell @VladTheInflator]

@ResidentialClub

[Kenneth Turkington @KenTurkington]

@KirkChivas @TrishaFLsun @m3_melody @GRomePow @SydneyReilly7 @politenomoreUSA @MrAwsumb @BankingNewsGuy @TSuppRedux @jfc_jim @IGHO_2022 Good reminder that Housing is not a good short term investment. Would love to know why they are selling.

[Kenneth Turkington @KenTurkington]

@KirkChivas Ouch

[John Downs @AdvisorJohn]

‼️ Attention Homeowners w/ #Rates > 6.00% ‼️

Pay VERY close attention to the costs of any refinance proposals you receive, especially from your loan servicer. Enticing Low rates with high closing costs seems to be the tactic used during this cycle.

Analyzing refinances...

🧵

[Colin Robertson @mortgagetruth]

Mortgage rates are now about 150 bps below levels seen in late October.

While everyone is rejoicing, you know who probably isn't very happy?

Home buyers who paid discount points to get a rate of 6.99%.

If rates keep falling they'll likely have to eat that upfront cost.

[Kenneth Turkington @KenTurkington]

@KirkChivas Disgusting

[John Downs @AdvisorJohn]

Started my week with a sad phone call. Past client bought a home in 2018, refinanced to silly low rate/payment in 2021. In 2022, we discussed strategic planning of opening a HELOC given they had $200k equity and not a lot of savings. If something tragic happened…

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