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Real Estate Training & Coaching School

Mortgage Magic: 3 Easy Tricks to Lower Rates!

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 30 May 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

3 Ways to Overcome Higher Interest Rate Mortgages How do you overcome the #1 buyer objection these days?  “I don’t want to pay these high interest rates and high mortgage payments! I’m going to wait for the rates to come down.” Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com They don’t have to wait; they just have to utilize a different type of mortgage. There are several ways to overcome higher rates. We’ll show you the top three: Buy-Downs, Paying Discount Points, and Adjustable-Rate Mortgages (ARMs). This information is not just for buyer’s agents; it’s also for listing agents to understand how these programs work.   HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:10.2

This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.

0:18.2

What's really working in today's market, how to generate more leads,

0:21.8

make more money, and have more time for what you love in your life. And now your host, Tim and

0:28.3

Julie Harris. Welcome back. Today we are talking about mortgages. Mortgage magic, three easy

0:35.3

tricks to lower your rates. This is an incredibly important topic that all of you understand because obviously interest rates, they are going down. They're kind of leveling off where they look like they're going to be at for quite a while. So you need to understand how you can meet the buyer and maybe the seller is moving up, becoming a buyer, how you can meet them

0:54.7

where the market is as far as rates and what they can actually afford. So we're going to give

0:59.0

you, I think, probably at least three, probably more like five or six different things that you

1:03.6

are not considering. And frankly, your loan officer might not be considering when helping that

1:07.9

buyer afford a mortgage payment. That's right.

1:13.8

Now, there's going to be some technical stuff here and maybe even some math.

1:14.8

So how do they find the notes?

1:17.8

We're doing math.

1:19.4

We're doing math on the podcast.

1:22.1

Do I need to remind you that you and I were English majors?

1:22.7

I know, exactly.

1:22.9

Okay.

1:26.2

So we're going to tell them that there's math and they're going to do it themselves, is what you're saying. There you go.

1:26.8

Right. So the notes for today's podcast as well as every podcast is available on Harris,

1:31.4

Real Estate Daily.com.

1:33.0

Harris RealestateDaily.com is our daily newsletter.

1:36.1

You guys have been hearing about it for about a month now.

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