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Market and Mortgage Rate Update with Trever Kerr
Episode 8331st August 2024 • WeAreTPM • Teixeira Property Management LLC
00:00:00 00:29:13

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In this episode, John, Kyle and special guest Trever Kerr dive into the “Market and

Mortgage Rate Update”. Trever Kerr is a professional mortgage advisor associated with

Gateway Mortgage. With extensive experience in the real estate and finance industries,

Trever specializes in helping clients navigate the evolving landscape of mortgage rates

and loan programs.

Trever highlights how recent changes in the stock market and the Federal Reserve's

actions impact mortgage rates, discussing the current setting where rates are hovering

around the mid-sixes. The conversation touches on the differences between

government-backed loans like FHA and VA versus conventional loans, and explores

why it might be a wise move to buy now despite the higher rates, as home prices are

more likely to surge when rates finally drop. The episode concludes with insights on

upcoming economic events and what savvy investors should consider in the months

ahead.

Quotes:

"As soon as these rates do come down 1% or so, these home prices are going to go

way up and you're going to end up costing yourself a whole lot more money than

having that higher interest rate for a year."– Trever Kerr

"I think we're getting to a point where people realize rates are never going back down

to 3% again.” – Trever Kerr

"It doesn't matter if it's a republican president, a democratic president. They want to

make things they understand."– Trever Kerr

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Tune in today!

We Are TPM

Teixeira Property Management

Mansfield, Texas

www.WeAreTPM.com

ShowMeTheMoney@WeAreTPM.com

———————————————————————————

There are a vast amount of ways in today's world to build wealth using real estate and

investing, not just in property, but in yourself!

Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of

Teixeira Property Management bring you all of the knowledge and experience they can

provide for the confidence to achieve your investment goals, or how and why to create

them. Now, while John and Kyle have a ton to share, they will also be bringing you

interviews with some of their clients, industry partners, experienced investors, and

much more every week!

John and Kyle look forward to sharing the knowledge you need about arguably the

greatest investment vehicle that is available to the masses — Real Estate. Knowledge

is power, and John and Kyle intend to give you as much power as possible. It's not

always about the HOW, but also the WHY, and they will be digging into it right here

every week!

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