The big news this week belongs to February’s healthy jobs report. Brian and David Wickert break it down and explain what the strong numbers mean for mortgage rates, wages, millennials and more. Listen in for more facts and details on this week’s Accunet Mortgage and Realty Show.
This week’s episode also dives into the power of price anchoring – a proven pricing strategy in which different asking price amounts, or anchors, are used to influence and determine a home’s a value. Brian and David how it can be difficult to resist the suggested price anchor and share two real-life stories where first-time home buying couples were subjected to the effects price anchoring. Find out how they fared below.
Lastly, Brian and David finish up this week’s episode with the weekly rate round-up and a discussion about FHA loans and which types of buyers should entertain the idea of using the FHA option over Fannie Mae or Freddie Mac.
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