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Every day, most people approach the largest financial decision of their lives with misinformation, misleading data, and just plain bad advice. The wrong move can cost you thousands, even hundreds of thousands of dollars. The Mister Mortgage Show, hosted by Mark Eitel. Take a fun. never boring, deep dive into the data of the day. Told in often comical, but always relatable stories. The answers to your questions are here. Spend an hour in this interactive Q&A formatted weekly talk show. You’ll ...
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This week, we discuss the increasing unlikelihood of interest rate cuts by the Federal Reserve in the near future. As many hopeful buyers and refinancers wait for lower rates, we delve into why this strategy may not be beneficial. We analyze current economic indicators, Federal Reserve policies, and market trends to explain why waiting for rate cut…
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Let's explore the resurgence of the 100% mortgage and address concerns about a potential repeat of the lending practices that led to the 2008 housing crisis. This week on The Mr. Mortgage Show. Is history poised to repeat itself, or have lessons been learned? We deep dive into the details of this new mortgage program, examining the safeguards and c…
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In this episode of The Mr. Mortgage Show, we delve into the current real estate landscape where interest rates are holding steady and home prices are beginning to soften slightly. Amid widespread predictions of a market crash, we question the likelihood and timing of such an event. Drawing a parallel with egg price inflation and the cost-effectiven…
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This week Mark tackles the daunting combination of high home prices, soaring interest rates, escalating taxes, and spiraling insurance costs—factors many cite as reasons to avoid the real estate market. Despite these challenges, unique buying and selling opportunities exist that are often overlooked. We uncover these hidden gems and discuss how to …
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This week on the The Mr. Mortgage Show, we delve into the current dynamics of the housing market, where high mortgage rates, escalating property prices, and soaring rental costs are becoming the norm. What’s driving this surge? We break down the fundamental principle of supply and demand that governs these changes and its impact on pricing across t…
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In this episode of The Mr. Mortgage Show shifts focus from sensational headlines to solid data, urging listeners to concentrate on real estate facts rather than emotional narratives. Mark discusses how, despite having no control over interest rates or market pricing, there are always opportunities available for those looking to buy a primary reside…
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In this week's Mr. Mortgage Show, we clear up a common misconception: the Federal Reserve directly set mortgage interest rates. While the Fed's policies can influence the economic environment in which these rates are determined, waiting for Fed action to dictate your mortgage decisions might lead to missed opportunities. We delve into the relations…
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This week, we explore a burgeoning strategy developed by Mark Eitel and the Mr. Mortgage team, where parents and grandparents purchase rental homes with the intent to eventually sell them to their children and grandchildren. This method, which includes gifting equity, is gaining popularity as a proactive way to secure the dream of homeownership for…
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Higher Rate, Big Savings: A Debt Consolidation Success Story. This week on The Mr. Mortgage Show, we dissect a real-world example that defies conventional wisdom: refinancing into a higher mortgage rate to achieve substantial monthly savings. We take you through the journey of a homeowner who, despite the rise in their mortgage rate, managed to sav…
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In this episode of The Mr. Mortgage Show, we delve into the nuances of selling a home without the assistance of a realtor, a timely topic in light of the recent National Association of Realtors (NAR) commission lawsuit and proposed settlement. With many homeowners now questioning the need to pay substantial real estate commissions, we explore the p…
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Multigenerational housing and the purchase options: Yes they are a thing! In this insightful episode of The Mr. Mortgage Show, we explore the growing trend of multigenerational living and its myriad benefits. As families look for ways to support aging parents while managing their own households, the concept of buying a home that accommodates multip…
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Join us as we tackle the often-overlooked strategy of debt consolidation refinances and how it can be a financial game-changer for many homeowners. Amidst the struggle with high-interest rate debts from credit cards and car loans, many cling to their historic low mortgage rates without realizing the potential for massive monthly savings. We dive in…
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The NAR Settlement Explained. In this week's episode of The Mr. Mortgage Show, we delve deep into the proposed settlement of the National Association of Realtors (NAR) lawsuit and its potential impact on consumers. Will this legal resolution truly lead to savings for homebuyers and sellers, or is the outcome less promising than it appears? Join us …
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In this informative episode of The Mr. Mortgage Show, we uncover the often-overlooked strategy of buying a home with an assumable mortgage; a tactic that could save buyers thousands of dollars. As interest rates fluctuate, the appeal of assuming an existing mortgage with favorable terms becomes increasingly attractive. We dive deep into what assuma…
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This week on The Mr. Mortgage Show, we delve into the demographics of homeownership in the United States, focusing on a striking trend: the average age of homeowners is over 50, and they're sitting in an enviable financial position. With no urgency to sell, this group of homeowners is equity rich, thanks to years of property value appreciation. We …
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On this week's show Mark, as only he can do, takes an unconventional approach to understanding the complexities of mortgage applications by comparing them to the preparation required for a colonoscopy. Yes, you heard that right! Both can be a pain in the butt, but as we'll explore, proper preparation can significantly ease the process. We dive into…
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In this episode of the Mr. Mortgage Podcast, we explore the current state of the real estate market, characterized by stagnation and the dashed hopes for immediate lower interest rates. As many prospective buyers and sellers sit in limbo, waiting for a sign of movement, we dissect whether this stagnation poses a significant problem for the market a…
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In this episode we dive into the latest economic trends affecting the real estate market. With higher inflation numbers likely keeping interest rate cuts at bay, we explore the "higher for longer" scenario and its implications for homeowners and potential buyers. Additionally, we uncover startling data on mortgage delinquencies, highlighting that n…
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This episode of The Mr. Mortgage Show challenges a common misconception in real estate: that interest rates should dictate the timing of purchasing a primary residence. We delve into why interest rates, often considered a vanity metric, should not be the driving factor in the decision to buy a home. Instead, we consider that the decision should be …
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Interest rate is not the most important factor when deciding whether to buy or sell real estate. Wondering what is more important than interest rate? This week's show is for you! In this week’s episode of The Mr. Mortgage Show, we delve deep into the often-overlooked variables that play a crucial role in making informed real estate decisions. Wheth…
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In this episode, we dive into the evolving landscape of real estate, comparing the market dynamics of 2024 with those of recent past. While the approach to buying might have changed, the game's essence remains the same – building equity over time. Mark Eitel brings this to life with a compelling analogy: the elevator, escalator, and stairs. Each re…
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In this eye-opening episode, we're tackling the emotional rollercoaster of real estate decisions, amplified by the rise of social media influencers. With a flood of persuasive content and generalized advice, it's easy to get swayed into making hasty buying or selling decisions. We dive into how some might be misrepresenting data or pushing narrativ…
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Once again the Headlines are Wrong! The devil is in the Data! This week, we're cutting through the noise of sensational headlines to reveal the truth behind the recent surge in mortgage applications. Contrary to popular belief, this uptick isn't signaling a flood of buyers entering the market. Instead, we uncover that it's driven largely by homeown…
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We're diving into the Biden administration's ambitious proposal to fund 500,000 affordable homes. It's a plan that could reshape America's housing landscape, but what's the real story behind the headlines? We'll explore the potential upsides, like increased accessibility and market stabilization, and weigh them against the possible downsides, inclu…
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Mortgage Rates in 2023 - The Ultimate Groundhog Day! Isn't it ironic? In 2023 All the rate predictions were wrong. This was highlighted by us blowing past 8%. Now as the year wraps up, we find ourselves right back where we started. Today, we're exploring this deja vu and what it means for the real estate market. Have we truly come full circle, and …
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Ever feel like you're at a financial buffet, tempted to overspend and overborrow, especially when it comes to real estate? You're not alone. In this episode, we're unpacking the 'Buffet Behavior' in finance – that urge to bite off more than you can chew in the property market. We'll dive into why we get caught in this cycle, the impact it has on ou…
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In this episode, we're riding the waves of fluctuating mortgage rates. As rates take a sudden dip, the big question looms: Is it time to pop the champagne and celebrate, or should we be wary of a potential head fake? Mark dissects the factors driving these rate changes and what they mean for buyers, sellers, and the overall housing market; As only …
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The Red Devil Cycles 2023 Toy Run Live Recap! Bikes, Beers, Barbeque, and Lots of Toys for the kids of Martin County Florida! and of course, Yours Truly and the Mr. Mortgage Crew! We had a blast doing a live remote show for the event. A huge thanks to John & Luann at www.RedDevilCycles.com another great event for a great cause. Follow the Fun and G…
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Are Sports Betting Apps, Killing Homeowership for Young Men? In this insightful episode, we delve into the current state of homeownership in the US, with a special focus on the gender and age gap. Where are all the young men in the housing market? We explore this intriguing question, examining the factors contributing to this trend and its implicat…
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Is 2024 Bringing Lower Rates? How about Lower Prices? How do you know you're ready to buy a home? Well, how much you spend on happy hour, bottle services and axe body spray may be an indicator! This week we start to look at the 2024 predictions for prices and rates... will anyone get it right this time? Mark also explains that interest rate is the …
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Is a slowing housing market really a bad thing? We're taking a deep dive into the fundamentals of today's housing landscape, unraveling who really benefits from this deceleration. From first-time buyers to seasoned investors, we explore the varied impacts and uncover potential opportunities hidden within a less frenetic market. Join us for an enlig…
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Mortgage Activity spikes as mortgage rates retreat from the lofty 8% recent highs to a more palatable mid-7% range. Is 7% the new 5% in today's real estate world? We're breaking down what this shift means for buyers, sellers, and the overall market dynamics. Get ready for a lively discussion filled with insights, as we explore whether these numbers…
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The Curse of the Reverse, HECMs explained and demystified. And it's time to put down the avocado toast and get serious about equity wealth. This episode is a dual-force of enlightenment, tackling two crucial aspects of the housing market. First, we debunk the common misconceptions surrounding reverse mortgages, shedding light on their true benefits…
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Today, we tackle the turbulence in the real estate sector head-on, from the recent NAR lawsuit to climbing interest rates, and dissect what this means for individuals navigating the current economic landscape. Should potential buyers and sellers press pause or keep moving toward their real estate goals? We'll provide ananalysis of the market's dire…
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The dream of homeownership is a cornerstone of the American ethos, but with soaring real estate prices and rising interest rates, is it becoming an elusive dream for today's first-time buyers? This episode delves into the pressing dilemma: Should newcomers to the property market recalibrate their expectations or hold out in hopes of a market downtu…
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Foreclosure Fears and High Rates, is the Market Finally Going Crash? Mark Eitel takes a hard look at the startling new foreclosure data and rising inflation numbers, igniting a debate around the potential repercussions of an 8% mortgage rate on the housing market. We'll dissect the current economic indicators and analyze historical trends to explor…
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Interest Rates and the Economy: Unveiling the Intricate Dance of Finance Join Mark Eitel and Jenn as they dive into the dance between interest rates and the economy in this week's show. Explore how shifts in interest rates echo through various economic sectors, influencing everything from personal loans to global trade. Mark dissects the latest dat…
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Multigenerational Mortgages: Navigating Housing Hacks for Family Fortunes Embark on a journey through the world of multigenerational mortgages with this eye-opening episode. Explore how families are redefining housing norms by embracing mortgages that span generations, ensuring stability and financial security. We'll delve into the nuts and bolts o…
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Can the same data be positive and negitive? Yes! Don't be deceived! In a world awash with data, not everything is as it seems. This episode dives into the intricacies of the latest New Home Sales Report, revealing the contrasting narratives of monthly and yearly figures. While sales may be down month-over-month, the year-over-year stats tell a diff…
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Assuming the Advantage: The Hidden Power of Assumable Mortgages. Savvy buyers are assuming rates in today's market! But how do you find them? We uncover the easiest way ever Ever wondered if there's a way to capitalize on a sellers existing low-interest rates? Mar Eitel unveils the untapped potential of assumable mortgages. Now it's never been easi…
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Is it better to negotiate a lower sales price or buy down the interest rate? Discover the surprising impact of buying down rates and how it can lead to significantly lower payments compared to just reducing the sales price. Join us as we break down the numbers, revealing insights that could reshape your approach to property purchases and financing …
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Why Monthly Expenses Matter More Than Just Rates Join Mark Eitel as he touches on debt consolidation, debunking the common misconception that interest rates are the sole deciding factor. Are you focused on a vanity metic while ignoring a cash flow problem? Discover why focusing solely on rates can be a costly mistake and learn the importance of con…
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Can the federal government truly mend the housing crisis? More people are calling for government intervention in the housing market. Is it a good idea? Join Mark Eitel as he looks at what has happened in the past when the government artificially encouraged consumer behavior and the results, both intended and unintended. As the housing market contin…
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The Top 10 and Bottom 10 cities to buy in the US today! In this riveting episode of The Mr. Mortgage Show, Mark Eitel dives deep into the ever-evolving real estate market of the United States. Channeling his inner David Letterman, Mark presents a countdown that every homebuyer, investor, and real estate enthusiast has been waiting for: The best and…
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We look beyond low mortgage rates and into the world of blended rates and true monthly debt costs. Discover the surprising cashflow benefits of a debt consolidation loan, even if it means letting go of that coveted low mortgage rate. Mark breaks down the numbers, showcasing real-world examples that prove the power of smart refinancing. Plus, learn …
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The housing crisis in America in 2023. Is it a genuine crisis or just media hype? Join us as we dissect the numbers, trends, and underlying factors to uncover the truth behind the headlines. Whether you're a homeowner, potential buyer, or just curious about the state of the housing market, this episode is a must-listen! In this riveting episode of …
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The intriguing new real estate valuation model - the Hot-Chick-O-Meter. Yes, you heard it right! We explore the theory that areas with more beautiful women tend to have higher property values. After a good laugh, we get serious and dive into the real data. Despite inflation and higher rates, property values are on the rise again. We ponder the big …
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Another rate hike? Is the Fed trying to Kill the Housing Market? We've heard this tune before- 🎵"It's the Same Old Song and Dance"🎵. Inflation has a long way to go before the Fed considers easing. His words, not mine. Meanwhile housing is chugging right along. Brace yourselves as we dive deep into the tumultuous waters of the housing market in this…
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Median is Falling While Home Values are Rising! Today We Crack the Code on Median Home Prices and Why it’s A Flawed Data Set! Get ready for an exciting ride with Mark Eitel on the Mr. Mortgage Show. We're diving into the weird world of U.S. housing prices - where the 'median' and 'real' prices are doing a strange dance. Median prices are doing the …
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Real Estate Agents are going to hate this one! We're diving headfirst into the hotly-debated world of FSBO (For Sale By Owner), But before the angry mob of agents march on the studio, set to tar and feather Mark, You must know, he's not anti-agent! As a matter of fact, he's the number one supporter of the RGA network. (Really Great Agents) But not …
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