Aloha! Once a month, I sit down and talk about the mortgage market with Marla and Scott Wynn, partners with the Wynn & Eagan Team at Citywide Home Loans live for our home buying group on Facebook and also for our 365Hawaii Real Estate Minute YouTube Channel.
In this episode of the Mortgage Market Update for April we discuss:
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Interest Rates
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What happens when an appraisal does not come in for the purchase price?
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How do you close the “appraisal gap”?
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How do you reduce your downpayment using a little known strategy?
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Why buying now, even with high home prices, is STILL a good long term strategy.