Posts by Brian Wickert
Why mortgage rates are not lower.
Mortgage rates are not at rock bottom, and they probably won’t be any time soon. One reason is that all mortgage “factories” are already at 2x capacity from when rates dipped in late February and early March. And remember, the Fed’s rate cut to 0% does NOT impact 30-year and 15-year mortgage rates. On March…
Read MoreThe Accunet Mortgage Show (3/22/20 Episode)
Brian and David talk home sales in the time of Coronavirus, how we’re helping our clients, and how to avoid having second thoughts about your home loan. This week’s highlights: The Coronavirus pandemic is affecting the real estate status quo Face-to-face closings have been temporarily suspended You don’t have to back out of your loan…
Read MoreThe Accunet Mortgage Show (3/15/20 Episode)
Brian and David discuss the roar of this week’s bear market and its effect on mortgage rates, Brian’s son-in-law’s adventures in home buying, and what to do when you have too much grass to mow. This week’s highlights: Mortgage rates are changing during these weird economic times, but remain low, so seize the day! Unsurprisingly,…
Read MoreFed cuts “rates” to 0%! Mortgage rates UP???
That’s not typo. Mortgage rates are UP, while 99% of the public thinks they’re headed down. When you read or hear, “The Fed cut rates to 0%,” that rate only applies to overnight loans between banks, NOT mortgages. The Fed Funds rate was 0% for 7 years, from 2008 to 2015, and 30-year fixed rates…
Read MoreThe Accunet Mortgage Show (3/08/20 Episode)
Brian and David talk bidding wars, the state of real estate, and overwhelmingly low mortgage rates! This week’s highlights: Flexibility is key when trying to out-bid fellow homebuyers with a killer offer to purchase. Home and condo prices are up since this time last year. Mortgage lenders can barely keep up with the trend of…
Read MoreThe Accunet Mortgage Show (3/01/20 Episode)
Brian and David discuss reading and writing…pre-approval letters, that is! The guys put a microscope to the details of an offer from a buyer and seller perspective, and how this applies to the long and short of the housing market in Southeastern Wisconsin. This week’s highlights: Brian teaches you how to go over a pre-approval…
Read MoreNew refi rules of thumb
The new mortgage refi rules of thumb: It’s all about your loan amount, and what it costs you to refinance. Loan amounts of $100,000 or less typically require a 1% to 2% rate reduction to make a refi worthwhile. Loan amounts around $200,000 usually only need a 0.5% drop in rate to save $1,000 or…
Read MoreThe Accunet Mortgage Show (2/23/20 Episode)
Brian and his son-in-law Tim talk refinancing; when and how to refinance and get the most cash back and peace of mind. This week’s highlights: Rates remain at an all-time low The housing market is volatile; take advantage of the rates while you can. Now is the time to refinance your home! There are two…
Read MoreAccunet Office Invasion with 96.5 WKLH
On February 19, 2020, we hosted 96.5 WKLH during their Office Invasion broadcast. Dave Luczak, Dorene Michaels and Gino Salomone of WKLH got together with Brian and David Wickert to talk rates, refinances, and more! Find the highlights below. What is a Rock-Solid Guaranteed Pre-Approval? A mortgage pre-approval is comprised of three factors: Credit score…
Read MoreThe Accunet Mortgage Show (2/16/20 Episode)
Brian and David discuss the factors behind low mortgage rates, what NOT to do when your loan is being processed, how to write a winning offer in 2020, and more on this week’s episode. This week’s highlights: The coronavirus has caused a true black swan event; something unseen and unpredicted that stresses and changes the…
Read More