Ty Bingham Mortgage Help

Mortgage rates will hit double digits so you’d better buy now!!! To be clear, I don’t see that happening. The data and trends show something different, even though in the moment it’s hard to see it sometimes. . It’s fear….. fear sells, fear motivates…don’t let me convince you of anything other than to take a look at what’s really going on, and who is selling you a load of fear….. My hope is that I can show you how to think for yourself, and to make good decisions…. #utah #utahrealestate #utahmortgagelender #utahmortgage #mortgagerates #firstimehomebuyer #heber #utahhomesforsale #wasatchback

🔥🔥Mortgage hit X.xx….. 🔥🔥🤷🏻‍♂️ Did they go up? You bet they did (they also came back down today) I see all day every day Real Estate and mortgage “professionals” throwing out rates….. Why does this matter to you? If you went with the lender he got that quote from, your rate was WAY TOO HIGH, you could have gotten a better rate from multiple lenders (notice I didn’t say banks and credit unions)….. Mortgage rates are like gas prices (in this scenario). Drive down Main Street and notice how pretty much every gas station has a different price for a gallon of gas even though base gas prices are set in markets….. not the gas station itself. Mortgage rate are the same… Every Bank, Lender, Credit Union have different rates and fees…. Just because you hear one rate (and that’s usually not even half of the story), doesn’t mean every place offers the same rates and fee!! And…… don’t buy all the fear…. I’m not saying housing couldn’t collapse… I’m not saying the world economy couldn’t collapse What I am saying…… the path forward shows a much different outcome than full fledged depression…..even though it sure doesn’t feel that way right now. There is light in the future…. You just have to look for it…. #mortgagerates2022 #mortgagerates2022 #utahhomeloans #utahmortgage #utahrealtor #utah #hebervalley

⬆️Did mortgage rates really spike? 😬You bet they did. 🔒Did it cost you hundreds or thousands by not locking in time? 🤷🏻‍♂️What was your loan officers response? Let’s wait until it calms down?🤦🏻‍♂️ Did it surprise me? Nope Was it because of the Fed raising rates? Rates actually temporarily improved after that. Or was is the recent weekly jobless “claims”…… I use that term loosely these days…… It matters who you work with. We saw this coming weeks ago. Pushed everyone to get in and get locked. Keep in mind, not every lender has the same rates. If you got bit by this rate spike give us a shout… I’m not saying we can save your deal, but many times we can. NMLS 312581 #utahrealestate #utahmortgage #hebervalley #utahhomes #utahhomeloans #wasatchback #mortgagerates

You’re being lied to…. Why does this matter? Give it a listen to see why having the wrong information could cost you thousands. Real Estate and mortgage “Professionals” usually don’t even know the truth Here’s the truth! -YouTube, IG and FB influencers are lying to you (if they make money selling you anything…. Booking an event, subscriptions etc….) Google their past predictions and see how accurate they were…… -It’s provable…… -The thing you need to remember, housing starts and household created are not the same. -You can’t live in a start…… it has to be completed -In 05/06 way too many homes were built -The real way to keep running up housing prices… control the supply….. -Sound familiar? -The media is not telling you the entire truth. -Be ready, this economic cycle is in the last stages -I’m not saying buy now…. It’s most likely the best option financially, but you need to feel good about it, and for most it will be too late once it happens. -Think about this….. if rates do drop (they do in a recession), and the pent up demand for buyers is unleashed (that happens right after a recession)…… do you want to be at the beginning of that, or the end? -If 2021 taught us anything, being at the beginning is WAY MORE BENEFICIAL #utah #utahrealestate #utahmortgage #heber #wasatchback #wasatchfront

Tough times call for tough conversations. -Add up your monthly credit card, Razor, vehicle payments. -See what ones you would pay off -Add up the total it would take to pay them off, and the total you would save each month. -Then call or DM -A cash out refinance may not be your best option…. -However, waiting too long….. missing payments, falling behind etc, is most likely way worse. -Let’s look at your situation and see what route is best for you. -Next year should be great, that is why the situation NOW matters. NMLS 312581

-This is what we have been talking about. -There are going to be so many great opportunities to buy a home in 2022 -Having the right team, a team that has prepared for this moment will make a huge difference. -Give us a shout and we will make sure you are in a great position to take advantage of what’s happening -Most all of it can be done on your phone or computer.