What's Your 1 More‪?‬ Quinton Harris

Are you on the fence about buying a home in the current market? In this episode, Quinton Harris and Daniel Halvorsen explain why waiting could be a costly decision. They examine the Federal Reserve's potential rate cuts, dissect recent job reports, and unpack the relationship between the 10-year Treasury and mortgage rates. They shed light on why builders are cautious about new construction and what this means for housing inventory. They also provide actionable insights for real estate agents and prospective homebuyers navigating today's market conditions. Whether you're actively house hunting or monitoring the market, this episode equips you with the knowledge to make smart decisions about your next real estate move.



[00:00 - 01:00] - Introduction 

[01:00 - 05:45] - Fed meeting predictions and rate cut possibilities

[05:45 - 09:30] - Job market analysis and unemployment claims

[09:30 - 13:15] - Mortgage rates and the 10-year Treasury spread

[13:15 - 19:45] - Impact on the housing market and builder strategies

[19:45 - 24:15] - Advice for real estate agents and potential buyers

[24:15 - 28:30] - Long-term economic outlook and market recovery

[28:30 - 29:00] - Closing remarks 

Resources:Daniel’s Newsletter: https://yf7nhi3ybnw.typeform.com/to/XIxxmXg5

Episode 8: https://www.youtube.com/watch?v=qvUhAvzQOHo

Key Quote:“If you're somebody that's been on the sidelines waiting for a sign, I think in the next couple weeks, you're probably gonna get your sign.” - Daniel Halvorsen

_______________________

 

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

 

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

 

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!

Are you confused by the conflicting information about today's housing market? This episode cuts through the noise, presenting clear facts about current home buying trends. Quinton Harris and Daniel Halvorsen break down recent consumer surveys, revealing surprising misconceptions about down payments and market timing. They discuss the popular Florida Hometown Heroes program, which offers substantial financial assistance to first-time homebuyers. They also explore the rising popularity of second mortgages and Freddie Mac's new pilot program in this space. Throughout the episode, Quinton and Daniel emphasize the importance of accurate information in making informed real estate decisions, challenging common myths propagated by online doom-and-gloom forecasters.

 

[00:00 - 01:47] - Introduction 

[01:48 - 04:59] - Consumer survey insights on home buying

[05:00 - 07:59] - Florida Hometown Heroes program update

[08:00 - 16:59] - Debunking real estate myths and market trends

[17:00 - 19:21] - Mortgage cheat sheet 

[19:22 - 23:55] - Rise of second mortgages and equity loans

[23:56 - 26:59] - Freddie Mac's pilot second mortgage program

[27:00 - 29:34] - Closing thoughts 

 

Key Quote:"90 percent of people either grossly overestimated or just didn't know what the minimum down payment requirement would be for a mortgage" - Daniel Halvorsen

Resources:https://bit.ly/181resources

_______________________

 

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

 

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

 

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!

How do recent political events impact your financial future? In this episode, Quinton examines the surprising market rally following a turbulent weekend. He shares an interview with a Fannie Mae official who predicts how different presidential administrations might affect the housing market. The episode explores the link between political uncertainty and market behavior, explaining why mortgage rates could drop soon. Quinton also reflects on leadership during challenging times and the importance of unity. Whether you're a homeowner, investor, or simply interested in the economy, this episode offers a clear look at how politics and finance intersect in today's complex landscape.

 

[00:00 - 01:52] - Addressing recent political events

[01:52 - 04:04] - Market reaction and presidential predictions

[04:04 - 07:12] - Mark Calabria interview on housing policies

[07:12 - 11:03] - Bond market analysis and mortgage rate forecasts

[11:03 - 13:58] - Leadership observations and market confidence

[13:58 - 17:36] - Concerns about misinformation 

 

Key Quote:“We are in a bad financial market. We're being told we're in a good financial market.” - Quinton Harris

 

Resources:Chart: https://bit.ly/wy1mgraph(Credit: HousingWire)

_______________________

 

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

 

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

 

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In this episode, Quinton Harris analyzes the latest economic indicators that could force the Federal Reserve's hand on interest rates. With unemployment creeping up to 4.1% and a surprising CPI reading coming in below expectations, Quinton breaks down why these factors might compel the Fed to cut rates as early as July. He breaks down Jerome Powell's recent Senate Banking Committee testimony, highlighting the Fed's growing concerns about labor market weakness. Additionally, this episode highlights the alarming practice of trigger leads in loan applications, warning listeners about potential privacy risks and scams. Whether you're a homeowner, investor, or simply interested in the economy's direction, this episode offers valuable insights into the Fed's potential next moves and how they could impact your financial future.

 

[00:00 - 02:56] - Introduction

[02:57 - 04:59] - Jerome Powell's Testimony

[05:00 - 07:05] - Labor Market Concerns

[07:06 - 09:51] - Trigger Leads Explained

[09:52 - 11:22] - HR 2656 Bill

[11:23 - 12:54] - Closing segment

 

Resources:

Episode 51: https://youtu.be/l3joy_vtaus?si=8NwV2wQlK9D3nWY0

Fed Chart: https://bit.ly/Fedchart

(Credit: MBS Highway)

 

Key Quote:“CPI paved the way for what's to come” - Quinton Harris

 

_______________________

 

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

 

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

 

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!

In this episode, Quinton tackles the controversial topic of a potential housing market crash head-on. Armed with a wealth of data and insights, Quinton challenges the popular narrative of an impending crisis, drawing stark contrasts between current market conditions and those leading up to the 2008 crash. He dives deep into key metrics like new listings, equity positions, and credit availability, offering a balanced perspective that cuts through the online fear-mongering. Whether you're a homeowner, prospective buyer, or simply interested in understanding the real estate landscape, this episode provides a data-driven reality check that will make you question everything you've heard about the current housing market. 

 

0:00 - Introduction 

1:53 - The Homeowner vs. Non-Homeowner Perspective

4:57 - New Listings Data: Comparing Current Market to 2008-2012

9:08 - Price Cuts and the Lock-in Effect

12:53 - The $17 Trillion Equity Discussion

15:47 - Credit Availability and Foreclosure Rates: Then vs. Now

18:56 - Job Loss Scenarios and Equity Positions

22:37 - Closing Thoughts 

 

Resources:Graphs: https://bit.ly/178resources(Credit: HousingWire)

_______________________

 

Connect with us:

Facebook: https://www.facebook.com/whatsyour1more 

Twitter: https://twitter.com/whatsyour1more 

Instagram: https://www.instagram.com/whatsyour1m... 

Spotify: https://open.spotify.com/show/37zPGiz... 

 

Bank of England: https://www.boemortgage.com/. 

 

Please subscribe, like, and leave a comment to let us know you want to keep the content coming!

Quinton Harris examines recent job reports and their potential impact on Federal Reserve rate cuts. He breaks down the latest ADP private report and BLS report, noting correlations between them and emphasizing the significant increase in the unemployment rate to 4.1%. He emphasizes the significance of this number, as it reaches a threshold that concerns many Federal Reserve members. The episode analyzes various aspects of the job reports, including the shift towards more part-time jobs and revisions to previous numbers. 



0:00 - Jobs Week Overview

1:52 - Unemployment Rate Increase

3:23 - Job Report Breakdown

5:50 - Household Survey Explained

7:10 - Recession Warning Signs

8:47 - Rate Cut Probability

10:08 - Fed Member Changes

11:12 - Closing Segment

 

Resources:

https://bit.ly/unemploymentwy1m

 

(CREDIT: MBS HIGHWAY)

 

Key Quote:

“The unemployment rate went up again this month” - Quinton Harris

_______________________

 

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

 

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

 

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!