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220: Top Lenders Share “Good News” for Mortgage Rates + Trending Investor Loans

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Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We may be close to some serious mortgage rate relief, according to today’s panel of top lenders. With interest rates finally starting to slide after cooling inflation and lackluster job growth, investors are gaining hope that we could see more affordable mortgage rates resurface after a very harsh past two years. So, what could come next? Stick around because we’ve got mortgage rate predictions and the best investor loans to look for coming up in this episode!

Caeli Ridge, Krystle, and Kenny Simpson, our expert investor-lenders, are back on the show to give their take on the commercial and residential mortgage space. All are feeling a bit more optimistic as we see rates finally trend into the six-percent range for primary residence homebuyers, with rates up another percent or so for investors. But with today’s mortgage rates still relatively high, which loans should investors use? From DSCR loans (debt service coverage ratio) to HELOCs (home equity line of credit), construction loans, and more, we’ll get into each of these loan products and share which ones investors are taking advantage of today.

Plus, if you’re struggling to find cash flow in today’s tough housing market, our lenders offer some simple but significant solutions to boost your ROI and help you build your portfolio. Do you have an adjustable-rate mortgage? If so, you MUST heed our commercial lender’s words, as you could get a surprise increase in your monthly mortgage very soon.

In This Episode We Cover

Top lenders’ mortgage rate predictions and updates on today’s rates

Why mortgage rates haven’t fallen faster and why there’s hope on the horizon

Trending loan products investors are using to build their real estate portfolios even with high rates

Why commercial lenders are getting cautious and starting to deny this one type of loan

ADU (accessory dwelling unit) lending updates and why it could be easier to get ADU funding soon

How to boost your cash flow and maximize your ROI WITHOUT buying more properties

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Forums

BiggerPockets Agent

BiggerPockets Bootcamps

Join BiggerPockets for FREE

On The Market

Join the Future of Real Estate Investing with Fundrise

Connect with Other Investors in the “On The Market” Forums

Subscribe to The “On The Market” YouTube Channel

Dave's BiggerPockets Profile

Dave's Instagram

Property Manager Finder

On The Market Podcast 185 - Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of w/Caeli Ridge and Krystle and Kenny Simpson

BiggerPockets Daily Podcast 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy

On The Market Podcast 184 - Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025

Connect with Caeli :

Caeli's BiggerPockets Profile

Caeli's Instagram

Caeli's LinkedIn

Caeli's Website

Connect with Krystle and Kenny:

Kenny's BiggerPockets Profile

Krystle's Instagram

Kenny's Instagram

Krystle's LinkedIn

Kenny's LinkedIn

Kenny's X/Twitter

The Simpson Team's Website

Jump to topic:

(00:00) Intro

(01:07) Mortgage Rate Predictions + Update

(08:16) Trending Loan Products

(11:29) Commercial Lenders Get Cautious…

(19:41) Everyone’s Building ADUs!

(26:29) Advice for 2024 Investors

(33:07) Work with a Solid Lender

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-220

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

239 episodes

Artwork
iconShare
 
Manage episode 420471607 series 3338156
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We may be close to some serious mortgage rate relief, according to today’s panel of top lenders. With interest rates finally starting to slide after cooling inflation and lackluster job growth, investors are gaining hope that we could see more affordable mortgage rates resurface after a very harsh past two years. So, what could come next? Stick around because we’ve got mortgage rate predictions and the best investor loans to look for coming up in this episode!

Caeli Ridge, Krystle, and Kenny Simpson, our expert investor-lenders, are back on the show to give their take on the commercial and residential mortgage space. All are feeling a bit more optimistic as we see rates finally trend into the six-percent range for primary residence homebuyers, with rates up another percent or so for investors. But with today’s mortgage rates still relatively high, which loans should investors use? From DSCR loans (debt service coverage ratio) to HELOCs (home equity line of credit), construction loans, and more, we’ll get into each of these loan products and share which ones investors are taking advantage of today.

Plus, if you’re struggling to find cash flow in today’s tough housing market, our lenders offer some simple but significant solutions to boost your ROI and help you build your portfolio. Do you have an adjustable-rate mortgage? If so, you MUST heed our commercial lender’s words, as you could get a surprise increase in your monthly mortgage very soon.

In This Episode We Cover

Top lenders’ mortgage rate predictions and updates on today’s rates

Why mortgage rates haven’t fallen faster and why there’s hope on the horizon

Trending loan products investors are using to build their real estate portfolios even with high rates

Why commercial lenders are getting cautious and starting to deny this one type of loan

ADU (accessory dwelling unit) lending updates and why it could be easier to get ADU funding soon

How to boost your cash flow and maximize your ROI WITHOUT buying more properties

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Forums

BiggerPockets Agent

BiggerPockets Bootcamps

Join BiggerPockets for FREE

On The Market

Join the Future of Real Estate Investing with Fundrise

Connect with Other Investors in the “On The Market” Forums

Subscribe to The “On The Market” YouTube Channel

Dave's BiggerPockets Profile

Dave's Instagram

Property Manager Finder

On The Market Podcast 185 - Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of w/Caeli Ridge and Krystle and Kenny Simpson

BiggerPockets Daily Podcast 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy

On The Market Podcast 184 - Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025

Connect with Caeli :

Caeli's BiggerPockets Profile

Caeli's Instagram

Caeli's LinkedIn

Caeli's Website

Connect with Krystle and Kenny:

Kenny's BiggerPockets Profile

Krystle's Instagram

Kenny's Instagram

Krystle's LinkedIn

Kenny's LinkedIn

Kenny's X/Twitter

The Simpson Team's Website

Jump to topic:

(00:00) Intro

(01:07) Mortgage Rate Predictions + Update

(08:16) Trending Loan Products

(11:29) Commercial Lenders Get Cautious…

(19:41) Everyone’s Building ADUs!

(26:29) Advice for 2024 Investors

(33:07) Work with a Solid Lender

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-220

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

239 episodes

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