YourMortgageGuy

Top 1% Mortgage Originator looking to bring insight and value to the home buyer community!

[YourMortgageGuy @YourMTGguy]

@mlkbfrey $qqq

[YourMortgageGuy @YourMTGguy]

@aakashgupta Why is no one talking about these profits under conservatorship in the current housing affordability crisis? G-fee increases and the last LLPA change cause the average home buyer to take on higher mortgage rates and monthly payments

[YourMortgageGuy @YourMTGguy]

@UziCryptoo compounding interest. Lump sum from sale put to work at a lower return rate puts you in a better position than collecting 5.5% a month

[YourMortgageGuy @YourMTGguy]

@stonkspekulant1 Rocket runs low LO comp model and automation but more complex borrowers struggle working with them. Their rates tend to he higher than local smaller shop lenders/ credit unions because of their overall size and massive marketing budget

[YourMortgageGuy @YourMTGguy]

@stonkspekulant1 More competitive lenders are already doing this, higher volume - lower cost models which offer lower rates to consumers. 65 bps is .125% in rate. 4.99% is unrealistic with current market rates based on the numbers provided by Nejatian.

[YourMortgageGuy @YourMTGguy]

@NYCMayor Benefits?

[YourMortgageGuy @YourMTGguy]

@WhaleEverything @NoLimitGains @grok DONE

[The White House @WhiteHouse]

BREAKING: President Trump announces steps to ban large institutional investors from buying single-family homes.

"People live in homes, not corporations." - President Donald J. Trump 🇺🇸

[YourMortgageGuy @YourMTGguy]

@AdvisorJohn Long Island - $2400 up to $600K then tier $500 for every $100K increase in price.
Will eliminate the tiering for smaller homes but very hit and miss here with where quotes will come in

[YourMortgageGuy @YourMTGguy]

@GrahamStephan There are already a lot of assumable mortgages in the market. The bigger issue is how equity gaps are being filled on the new purchase. A portable mortgage works for sellers/buyers who are downsizing but step up buyers will need to be able to bridge those equity gaps

[YourMortgageGuy @YourMTGguy]

@VladTheInflator @SecretaryTurner Context bro... this number goes back to 2008. Can guarantee bulk of these numbers are forbearances from 2008 - 2010 and again in 2020. Delinquency rates on conventional mortgages are near historic lows.

[YourMortgageGuy @YourMTGguy]

@AlexBerenson https://t.co/UWbD2wVZHC

[YourMortgageGuy @YourMTGguy]

@StealthQE4 Let me guess... you live in DC metro

[YourMortgageGuy @YourMTGguy]

@GayBearRes Market specific. Busiest I have been in 18 months since election - NY metro

[YourMortgageGuy @YourMTGguy]

@AdvisorJohn Business as usual in NY- Long Island market

[YourMortgageGuy @YourMTGguy]

@VladTheInflator Agree, parents basement in their free and clear home much cheaper

[YourMortgageGuy @YourMTGguy]

@porterstansb 4.43 to 4.49 is once again showing a very strong buy area on 10 year bonds. This narrative can change here if we hold below

[YourMortgageGuy @YourMTGguy]

This is eye opening. The @realDonaldTrump administration and @FHFA should really be looking at the last round of LLPA changes which have added to affordability issues for many first time home buyers who are just over the income levels for waivers.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Just 24% of homebuyers are currently first-time buyers, the lowest in at least 45 years.

This percentage has more than HALVED since 2010, according to the National Association of Realtors.

To put this into perspective, before the 2008 Financial Crisis, the average was ~40%.

As housing affordability hits record lows, first time homebuyers are being priced-out.

In effect, the median age of first-time buyers jumped from 31 to a record 38 years old over the last decade.

Buying a home is now a luxury.

[YourMortgageGuy @YourMTGguy]

@VladTheInflator This one is satire correct?

[YourMortgageGuy @YourMTGguy]

4.24 a spot to watch for temporary pullback from the October route in bonds and mortgage rates as we seem oversold. Only sure thing though is to expect volatility. $tnx #mortgagerates