Today’s Guest:
In this episode of Your Money Matters, Kurt Rogers, Managing Broker at Affordable Interest Mortgage is with us to tell us all about what’s up with the economy, inflation, wages, and mortgages. Kurt addresses several questions he is experiencing first-hand as he helps homeowners navigate their mortgage and refinancing options, such as:
1. I keep reading and hearing in the media that the economy is good, inflation is going down, unemployment is low – people are making more per month – why do my friends and I feel like the economy isn’t that good?
2. If I start a mortgage loan to either purchase or refinance a home, should I lock now? And if I do, what happens if the rate goes down? How can I protect myself?
Kurt takes a deeper dive into question and tells us it’s because prices are not going down, inflation is where they want it but wages haven’t caught up, and a recent survey shows that over 14% are only 30-days away from missing their mortgage payment and of those, the majority are 40-60 years old and make $100k a year and to make matters worse, many are making ends meet by using their credit cards.
Kurt covers it all and more! Kurt is our exclusive Mortgage Broker for The Haystack Help Radio Home Team! Call Kurt at (720) 895-0500. www.aimortgage.net.
Affordable Interest Mortgage – Powered by IMB #2191655. NMLS 217147. Equal Opportunity Lender. Regulated by Division of Real Estate. MLO #100020228.
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