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Market Surge & Hero Benefits Network Unveiled!
Market Surge & Hero Benefits Network Unveiled!
Exciting market updates and a deep dive into the Hero Benefits Network - don't miss out! 🚀
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Welcome to another installment of The Rising Realtor where we'll be brining you all the info you need to rise from the ashes of yesteryear and soar to new heights in your business.
But first... Like we always do about this time... |
Trivia Question❓In the 2010 film Iron Man 2, what famous landmark is destroyed during a battle with Whiplash in the month of May? Answer at the bottom of the newsletter |
The past week has flown by. I'm fairly certain that having children speeds up time. Maybe because you can't think straight half the time or maybe it's all of their little milestones.
Whatever the case... another week and another newsletter.
Somewhere betweeen the sweet never-ending hum of the beautiful Cicada or the simulataneous smoke filled air of a (I hope) controlled burn in Western Wake, it seems like the end of days.
I do love a good conspiracy theory. Purely for fun. I'm not trying to get on any government watch list.
In other news... the UnMortgage.ai project hit a little stumbling block last week but is still moving forward. It was more of a creative challenge. The program and processes are already in place and working better than I could've hoped for.
Don't forget we're still running the two specials for Teachers and Relocating Yankees. Save your clients a few bucks while you can.
We're also introducing a grant program as part of the Hero Benefits Network which isn't limited to just military or first responders. They're included but so are teachers, employees of non-profts, unions and government employees.
More to come.
Enjoy! |
LAYLA YANG'S NEGOTIATING SECRETS |
The recent home price index report for February 2024 shows positive trends in the real estate market, indicating potential opportunities for homebuyers and investors. Read More... |
Did You Know? |
We frequently run specials to help you help home buyers with some extra savings.
"Extra" because we already have phenomenal rates and low fees to begin with but what's it hurt to add some more, am I right?
Like this one...👇 |
Exciting news for our community heroes! 🏡🚒🚓🏥💪
The Hero Benefits Network (HBN) is here to transform your life! This amazing program offers housing assistance and benefits to military personnel, first responders, healthcare workers, teachers, and other essential workers. 🌟💰
Say goodbye to financial worries with incredible savings on real estate, insurance, travel, entertainment, health & wellness, and more! 🏖️💸 HBN celebrates your selfless contributions and makes a positive impact on your life. 🤝🌍
Don't miss this chance to unlock thousands of dollars in savings! ✨
Eligible heroes include:
Click the "read more" link below to learn more and you'll quickly see why I chose to add HBN to my services. Read More... |
LET'S CATCH UP ON RATES |
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Since I skipped out on rates like a 16 year old skipping leg day at the gym, let's get caught back up.
The above chart is the Ten Year Treasury Yield x 10 (no reason but it's what this chart shows). The difference? 47.5 is 4.75 on the actual yield. Got it?
Ok... moving on.
8 business days ago, we topped out at that ugly almost 4.75 spot on the yield. Fortunately, we've been working our way lower since and it's actual mortgage rates are following suit.
Yesterday we closed below 4.5 for the first time in a month! April 10th to be exact. That's a huge psychological barrier for the market and we're lower today! YAY!
Why are we moving lower? The Fed said they might not be lowering rates at all this year. Shouldn't that push them higher?
Well, do you remember when the Fed started raising rates? Remember how every loan officer on Facebook would post and say "The Fed raised rates but our rates went down. It's already baked into the market."?
The anticipation of rates being cut caused the opposite to happen and the more wrong the analysts are, the more the rates start to fall. It's remarkable.
Remarkable and also predictable. I don't care what the Fed might do, plans to do, or whatever. The proof is in the pudding. The traders control the markets.
As of Friday, we crossed over into a downtrend. If this was a chart of Apple's stock, I'd be salivating and shorting it.
Will they go straight down? I doubt it. But we are in a downtrend and until the trend is broken, I'd bet on better more often than worse. |
What To Look For In A Mortgage Partner |
Q/A Questions |
Q: What should I look for in a mortgage partner?
A: Look for a partner that responds quickly, offers competitive rates, and goes the extra mile to handle any challenges that may arise in the mortgage process. Expect exceptional service, not just the bare minimum.
Q: How can I ensure a smooth transaction with a mortgage partner?
A: Prioritize reliability and seamless communication with a partner who values professionalism and integrity. Choose a partner who can handle tough clients and out-of-the-ordinary files with ease.
Q: Why is mutual trust important in a partnership with a mortgage provider?
A: Trust is the foundation of a successful partnership. Select a partner with a proven track record and a strong reputation for delivering outstanding results. Expect more than just basic service – aim for excellence.
Running your business requires you to have partners you can trust that value and support your brand more than their own.
You need better. You deserve better. |
Quote of the Day |
Quote Of The Day |
You have brains in your head. You have feet in your shoes. You can steer yourself in any direction you choose. You're on your own, and you know what you know. And you are the guy who'll decide where to go.
|
Choosing A Title Company |
As a realtor, guiding your clients through the home buying process is not just about finding their dream property; it also involves ensuring a smooth closing process. A crucial aspect of this is choosing the right title company and closing attorney. Here are some key factors to consider when making these important decisions.
Reputation and Experience: Opt for a title company with a proven track record of success and a solid reputation in the industry. Look for companies with years of experience, positive customer reviews, and a history of efficient, accurate, and reliable service. An experienced closing attorney will have in-depth knowledge of real estate law and local regulations, ensuring a seamless transaction.
Communication and Responsiveness: Choose professionals who prioritize communication and responsiveness. Clear and timely communication between all parties is essential for addressing any concerns or questions that may arise during the process.
Local Expertise: Working with professionals who have local expertise and knowledge of the area can be incredibly beneficial. They will have a better understanding of local regulations, property values, and market trends, allowing for a more informed decision-making process.
Range of Services: A reputable title company should offer a comprehensive range of services, including title searches, title insurance, and escrow services. Similarly, a versatile closing attorney will handle various aspects of the closing process, from reviewing contracts to resolving title issues.
Cost and Value: While cost is an essential factor, consider the value provided by the title company and closing attorney. A competitive price should be accompanied by exceptional service, expertise, and a commitment to client satisfaction.
Remember, selecting the right title company and closing attorney can significantly impact the closing process's success and your clients' overall satisfaction. By prioritizing reputation, experience, communication, local expertise, and value, you can ensure a smooth and efficient transaction for your buyers. |
That's it for the Tuesday edition of The Rising Realtor.
♦ ♦ ♦ DON'T FORGET ♦ ♦ ♦
We're still running not 1, not 2, but 3 promotions through the end of June. The response has bene incredible. Let's keep it going!!
First our special for WCPSS teachers and staff removes $1,250 of closing costs for those special people that help our little ones with way more than just teaching them their ABCs.
Our other promotion eliminates the same $1,250 for people relocating to North Carolina. I'm a transplant and I'm sure many of you are as well. And moving multiple states away is expensive! Let's help out a little by getting them best in class rates WITH lower than normal costs.
Every little bit helps
For everyone else, we always have a $500 closing cost voucher you can use with any client you wish. You can even use it with multiple clients. It's up to you and the least I can do.
If there's anything I can do for you, don't hesitate to reach out.
Until next time!
Email: jason@themortgage.app |
💡 Answer to Trivia Question: The Stark Expo |