Hello, and welcome to Real Estate Reality Radio. The most important half hour of radio every Friday from 9 to 9:30 on WBCB 1490 am. Thank you for joining us. For those of you who are new to the show I have spent the last 40 years in the real estate industry both as a realtor and a mortgage banker. The show is dedicated to dispelling the myths associated with Real Estate and finance in your marketplace.
Within every market there are obstacles and solutions on the path to tremendous opportunities. I believe that most people are looking for practical advice. Please feel free to call 215-740-8999 or visit petethemortgageguy.com.
Please join us live on the web at www.wbcb1490.com or on your FREE app Tune In Radio from 9:00am to 9:30 am every Friday.
Last week we were joined by Talbot Beck of Credit RX 850 discussing how to fix your credit .
This week’s news had a lot of news about real estate and prices. Most of the news was negative. Almost all of the news blames the cold weather. Banks have been big news as well. Stress tests and only 6 years after the collapse of our financial system due to subprime loans the high risk loans are back! Also all of the new regulation has caused the demise of the “affordable housing” issues. As the world becomes more complex each solution seems to spawn more problems.
Today Eddie and I are on our own to discuss how perplexed we are that there are no houses on the market. Low inventory is beginning to take a toll on the number of units being sold.
Please join us live at www.wbcb1490.com for the open discussion about the opportunities that are available to many who may not know they are there. You cannot get the answer to a question you have never asked. We are here to help answer the questions.
Each week we discuss the myths of the mortgage market. It is not about rate. A higher rate with no mortgage insurance may provide a lower payment.