Smart Mortgage Show with Bill Litton Bill Litton

Now that interest rates are up in the seven percent range and people are paying a higher rate for their mortgage, should you still be thinking about paying your mortgage as quickly as possible or continue making your scheduled payments over time? In this video, we’ll share our perspective as a mortgage lender and a company that works with people to help them reach their financial goals.
Join us as we dissect the complexities of mortgage management in an era of fluctuating interest rates. We’ll explore the value of paying off your mortgage sooner versus investing in the market, the role of 401(k)s, and the nuances of 15-year vs. 30-year mortgages. Whether you're a new homeowner or nearing retirement, this episode offers valuable perspectives on making the most of your money.

The real estate market is on the verge of a major shift, and it's not just the fluctuating interest rates or the ebb and flow of the housing inventory. A lawsuit against the National Association of Realtors (NAR) is making waves, and the ripple effect could alter the landscape for buyers, sellers, and agents alike. While there’s no final decision from the Department of Justice, real estate professionals are anticipating certain changes potentially coming this summer.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
1:13 – What we’re anticipating
3:21 – Agent fees
4:21 – Will it change things?
9:00 – Lending options
11:31 – The impact
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
 

Finding a home that checks all the boxes is an awesome feeling, but you can’t celebrate until you’ve had your offer accepted. In a market where competition can get pretty heated, the difference in winning and losing is usually a slim margin so putting together the best possible offer is critical.
It starts with having an experienced team on your side that know what little things work to strengthen an offer. In this video, Bill Litton of Cross Country Mortgage will share a few of the strategies his team considers when helping borrowers secure their homes. These steps can go a long way towards giving the seller the confidence to choose you and there are a multitude of ways we can do this.
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
 

What will a mortgage lender look for when determining whether you will be approved for a loan? The approval process involves three key pillars, which every buyer will need to be prepared for and we’ll break that all down in this episode.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
1:57 – Credit
5:19 – Income
6:58 – Assets
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.

The debate over whether it’s better to buy or rent isn’t a new one, but it’s picked up in recent years as interest rates have risen and property values have soared. Which is the better option financially? The answer might lie in a number of considerations, but the math makes a very compelling argument in one direction.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
1:53 – Home values
3:46 – Building wealth through ownership
6:59 – Buying vs renting
11:07 – Cost of waiting
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
 

As we head into spring, history tells us that inventory will start to pick up again. But are we still in a seller’s market?
Today is our market update for April and we’re focused in on interest rates, home prices, and inventory. We’ll share some data that shows the latest trends in values across the country and give you another visual to capture the increase in inventory that we typically see following slower months in the winter. And we also have another chart that will show you how mortgage rates typically move with inflation, which could signify the potential for some good news in the near future.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
0:44 – State of the housing market
1:26 – Increase in home values
3:43 – Mortgage rates follow inflation
7:05 – Average days on market
 
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF