Mortgages are essential to the real estate market and will shift in 2023.
Many people have been asking me about mortgage issues lately, and I want to make sure I give you all correct information, so I recently sat down with Richard Kopronica of Midwest Mortgage Investments to discuss mortgage issues in 2023. If you want to buy a home this year, know that our advice will help you find success.
You can listen to the full interview in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:33 — Without financing, there is no real estate market
1:00 — More and more buyers will start asking for points
1:52 — Buydowns will also increase in popularity
2:09 — Credit standards will get tighter
3:09 — We should see more FHA loans
4:12 — The market is changing, and we are moving with it
4:36 — Wrapping up
I know that changes in the market can be intimidating, but I am here to help. If you have any questions, don’t hesitate to reach out! You can call me anytime—I look forward to hearing from you.
