VERY Important Update as to what is happening in the mortgage market.
The FED had an emergency meeting Sunday, March 15th and lowered the FED Funds Rate target to 0% to .250%
Mortgage Lenders have 3 Reasons why home mortgage interest rates have not come down more.
1. Capacity
2. Liquidity
3. Servicing Loss and Overhead
Please, if you are a REALTOR, Lender, HomeBuyer, or someone interested in a REFI, who is looking for some clarity, this will be well worth your time.
#BeEducatedOrBeSurprised #AskMarcel
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Marcel Deitrich
Guaranteed Rate
972.672.3246
mdeitrich@rate.com
NMLS #231135
8668 John Hickman Pkwy, BLD 10, STE 1002, Frisco, TX 75078
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Equal Opportunity Lender o Update the video descriptions to the following (updates highlighted):
If you found this information valuable, please subscribe at / marceldeitrich
Marcel Deitrich NMLS #231135
Guaranteed Rate NMLS #2611
972.672.3246
mdeitrich@rate.com
For licensing information, go to www.nmlsconsumeraccess.org
8668 John Hickman Pkwy, BLD 10, STE 1002, Frisco, TX 75078
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Equal Housing Lender
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