The Adviser Magazine’s Post

Interest rates have been cut to 5%, but what does that mean for mortgages? 🌟 Simon Webb, Managing Director of Capital Markets and Finance at LiveMore, has explained that this move indicates banks are feeling optimistic about economic stability. This newfound confidence from the banks is a positive sign. It will likely prompt lenders to lower their rates, giving buyers more motivation and assurance to dive into the market. Read more here: https://lnkd.in/e3Hpqd6n  #propertyze #buyersandsellers #househunting #legacybuilding

Learn how covering buyer’s agent compensation can help you sell faster by attracting buyers who rely on mortgages and cannot pay out-of-pocket fees. 

What does the latest interest rate cut mean for YOU? Join Peter on CTV Morning Live Vancouver as we dive into the impact on mortgages and where we stand on rate cuts. Don’t miss out on this important discussion. #everythingfinancialgroup #everythingfinancial #ctvvancouver #ctvmorninglive

With SWAP rates rising sharply we're starting to see lenders react. Some brief commentary of mine about this in the Express. #mortgagebroker #propertyfinance #property https://lnkd.in/eT_wr3Ve

📢 Property transactions hit an 11-year low in January 2024 👉 https://lnkd.in/epUbq6jm The good news is that the economy is finally stabilising, and a boost in transactions is expected later this year. 📈 While we wait to see what will happen next - with rumours of 99% mortgages, downsizing incentives, and increased house building - making transactions easier and more transparent is one way to improve consumer confidence and get things moving. What do you think needs to happen to boost property sales? 🏘️ #EstateAgents #PropertySales #PropertyTransactions

Modeling Reverse Mortgages in MoneyGuide Pro.

Adjustable Rate Mortgages are not proving to be as good of a deal as many initially hope in 2024 with rates high but expected to come down. Here's a great explanation on why that's the case from Chris Butaud. Full, detailed, brilliant, witty, analytical, and illustrated (and probably a lot of other positive adjectives) answer here: https://lnkd.in/dVRrp38e

Answer: Fixed-rate mortgages have a stable interest rate throughout the loan term, providing predictable monthly payments. Adjustable-rate mortgages (ARMs) offer an initial fixed-rate period, followed by rate adjustments based on market conditions. Fixed-rate mortgages provide security, while ARMs may offer lower initial rates but involve potential rate increases over time. Choose based on your financial goals and risk tolerance.

Here are some ways changing interest rates can affect your real estate purchases, along with proven strategies to help you navigate this ever-changing terrain with confidence and agility.(Sponsored Content by Valley Commercial Banking )

This financial climate can make #adjustableratemortgages (#ARMs) seem particularly attractive. #ARMs typically offer lower initial #interestrates compared to fixed-rate mortgages, which is appealing when fixed rates are higher. However, a local lender shares why a unique market factor might give a buyer a pause when selecting an ARM. https://okt.to/lomW8R