Mr Mortgage Show: Mortgage and Housing News
Every day, most people approach the largest financial decision of their lives with misinformation, misleading data, and just plain bad advice. The wrong move can cost you thousands, even hundreds of thousands of dollars. The Mister Mortgage Show, hosted by Mark Eitel. Take a fun. never boring, deep dive into the data of the day. Told in often comical, but always relatable stories. The answers to your questions are here. Spend an hour in this interactive Q&A formatted weekly talk show. You’ll likely laugh, maybe scratch your head, but you’ll always be informed and entertained. You’ll walk away with the information and answers you’ll need to make better real estate and mortgage decisions for you and your family. Mark Eitel was born into a family of custom home builders, worked in the family business from an early age, and has been involved in real estate, finance, and development. He has a keen ability to dissect the data and answer your questions with fun stories and examples from his lifetime of experience in real estate and mortgage finance. He even mixes in some self-deprecating humor! Follow the show at https://www.facebook.com/TheMrMortgageShow or www.mr.mortgage or www.meetmarkeitel.com Mark Eitel NMLS#1929005 Main Office (561) 935-5474 Virginia Office (804) 433-3883
Episodes
May 19, 2024 • 39 mins
In this episode of The Mr. Mortgage Show shifts focus from sensational headlines to solid data, urging listeners to concentrate on real estate facts rather than emotional narratives.
Mark discusses how, despite having no control over interest rates or market pricing, there are always opportunities available for those looking to buy a primary residence or invest for wealth and cash flow.
We explore strategies like seller financing, as...
Mark discusses how, despite having no control over interest rates or market pricing, there are always opportunities available for those looking to buy a primary residence or invest for wealth and cash flow.
We explore strategies like seller financing, as...
Mark as Played
May 12, 2024 • 39 mins
In this week's Mr. Mortgage Show, we clear up a common misconception: the Federal Reserve directly set mortgage interest rates.
While the Fed's policies can influence the economic environment in which these rates are determined, waiting for Fed action to dictate your mortgage decisions might lead to missed opportunities.
We delve into the relationship between the Fed's decisions and mortgage rates, explaining how external factors an...
While the Fed's policies can influence the economic environment in which these rates are determined, waiting for Fed action to dictate your mortgage decisions might lead to missed opportunities.
We delve into the relationship between the Fed's decisions and mortgage rates, explaining how external factors an...
Mark as Played
May 5, 2024 • 39 mins
This week, we explore a burgeoning strategy developed by Mark Eitel and the Mr. Mortgage team, where parents and grandparents purchase rental homes with the intent to eventually sell them to their children and grandchildren.
This method, which includes gifting equity, is gaining popularity as a proactive way to secure the dream of homeownership for future generations.
We dive into how this approach allows families to plan ahead, lev...
This method, which includes gifting equity, is gaining popularity as a proactive way to secure the dream of homeownership for future generations.
We dive into how this approach allows families to plan ahead, lev...
Mark as Played
April 28, 2024 • 39 mins
Higher Rate, Big Savings: A Debt Consolidation Success Story.
This week on The Mr. Mortgage Show, we dissect a real-world example that defies conventional wisdom: refinancing into a higher mortgage rate to achieve substantial monthly savings.
We take you through the journey of a homeowner who, despite the rise in their mortgage rate, managed to save over $500 per month by consolidating their high-interest debts into their new mortga...
This week on The Mr. Mortgage Show, we dissect a real-world example that defies conventional wisdom: refinancing into a higher mortgage rate to achieve substantial monthly savings.
We take you through the journey of a homeowner who, despite the rise in their mortgage rate, managed to save over $500 per month by consolidating their high-interest debts into their new mortga...
Mark as Played
April 21, 2024 • 39 mins
In this episode of The Mr. Mortgage Show, we delve into the nuances of selling a home without the assistance of a realtor, a timely topic in light of the recent National Association of Realtors (NAR) commission lawsuit and proposed settlement.
With many homeowners now questioning the need to pay substantial real estate commissions, we explore the possibility and challenges of the For Sale By Owner (FSBO) approach.
We provide an in-d...
With many homeowners now questioning the need to pay substantial real estate commissions, we explore the possibility and challenges of the For Sale By Owner (FSBO) approach.
We provide an in-d...
Mark as Played
April 14, 2024 • 39 mins
Multigenerational housing and the purchase options: Yes they are a thing!
In this insightful episode of The Mr. Mortgage Show, we explore the growing trend of multigenerational living and its myriad benefits.
As families look for ways to support aging parents while managing their own households, the concept of buying a home that accommodates multiple generations has become increasingly appealing.
We delve into how builders are respo...
In this insightful episode of The Mr. Mortgage Show, we explore the growing trend of multigenerational living and its myriad benefits.
As families look for ways to support aging parents while managing their own households, the concept of buying a home that accommodates multiple generations has become increasingly appealing.
We delve into how builders are respo...
Mark as Played
April 7, 2024 • 39 mins
Join us as we tackle the often-overlooked strategy of debt consolidation refinances and how it can be a financial game-changer for many homeowners.
Amidst the struggle with high-interest rate debts from credit cards and car loans, many cling to their historic low mortgage rates without realizing the potential for massive monthly savings.
We dive into the nuances of leveraging your mortgage for debt consolidation, weighing the trade-...
Amidst the struggle with high-interest rate debts from credit cards and car loans, many cling to their historic low mortgage rates without realizing the potential for massive monthly savings.
We dive into the nuances of leveraging your mortgage for debt consolidation, weighing the trade-...
Mark as Played
March 24, 2024 • 39 mins
The NAR Settlement Explained. In this week's episode of The Mr. Mortgage Show, we delve deep into the proposed settlement of the National Association of Realtors (NAR) lawsuit and its potential impact on consumers.
Will this legal resolution truly lead to savings for homebuyers and sellers, or is the outcome less promising than it appears?
Join us as we unpack the details of the settlement, analyze its implications for the real esta...
Will this legal resolution truly lead to savings for homebuyers and sellers, or is the outcome less promising than it appears?
Join us as we unpack the details of the settlement, analyze its implications for the real esta...
Mark as Played
March 17, 2024 • 39 mins
In this informative episode of The Mr. Mortgage Show, we uncover the often-overlooked strategy of buying a home with an assumable mortgage; a tactic that could save buyers thousands of dollars.
As interest rates fluctuate, the appeal of assuming an existing mortgage with favorable terms becomes increasingly attractive. We dive deep into what assumable mortgages are, how they work, and the potential financial benefits for buyers.
Our...
As interest rates fluctuate, the appeal of assuming an existing mortgage with favorable terms becomes increasingly attractive. We dive deep into what assumable mortgages are, how they work, and the potential financial benefits for buyers.
Our...
Mark as Played
March 10, 2024 • 39 mins
This week on The Mr. Mortgage Show, we delve into the demographics of homeownership in the United States, focusing on a striking trend: the average age of homeowners is over 50, and they're sitting in an enviable financial position.
With no urgency to sell, this group of homeowners is equity rich, thanks to years of property value appreciation. We explore how this substantial equity allows them to weather higher interest rates and ...
With no urgency to sell, this group of homeowners is equity rich, thanks to years of property value appreciation. We explore how this substantial equity allows them to weather higher interest rates and ...
Mark as Played
March 3, 2024 • 39 mins
On this week's show Mark, as only he can do, takes an unconventional approach to understanding the complexities of mortgage applications by comparing them to the preparation required for a colonoscopy.
Yes, you heard that right! Both can be a pain in the butt, but as we'll explore, proper preparation can significantly ease the process. We dive into the similarities between the two, emphasizing how being well-prepared can transform ...
Yes, you heard that right! Both can be a pain in the butt, but as we'll explore, proper preparation can significantly ease the process. We dive into the similarities between the two, emphasizing how being well-prepared can transform ...
Mark as Played
February 25, 2024 • 39 mins
In this episode of the Mr. Mortgage Podcast, we explore the current state of the real estate market, characterized by stagnation and the dashed hopes for immediate lower interest rates.
As many prospective buyers and sellers sit in limbo, waiting for a sign of movement, we dissect whether this stagnation poses a significant problem for the market at large.
Join us as we delve into the underlying causes of this inertia and discuss po...
As many prospective buyers and sellers sit in limbo, waiting for a sign of movement, we dissect whether this stagnation poses a significant problem for the market at large.
Join us as we delve into the underlying causes of this inertia and discuss po...
Mark as Played
February 18, 2024 • 39 mins
In this episode we dive into the latest economic trends affecting the real estate market. With higher inflation numbers likely keeping interest rate cuts at bay, we explore the "higher for longer" scenario and its implications for homeowners and potential buyers.
Additionally, we uncover startling data on mortgage delinquencies, highlighting that nearly 11% of FHA mortgages are now delinquent. Is this an early warning sign of a mar...
Additionally, we uncover startling data on mortgage delinquencies, highlighting that nearly 11% of FHA mortgages are now delinquent. Is this an early warning sign of a mar...
Mark as Played
February 11, 2024 • 39 mins
This episode of The Mr. Mortgage Show challenges a common misconception in real estate: that interest rates should dictate the timing of purchasing a primary residence.
We delve into why interest rates, often considered a vanity metric, should not be the driving factor in the decision to buy a home. Instead, we consider that the decision should be grounded in the real fundamentals: family needs, wants, and budget.
Join us as we expl...
We delve into why interest rates, often considered a vanity metric, should not be the driving factor in the decision to buy a home. Instead, we consider that the decision should be grounded in the real fundamentals: family needs, wants, and budget.
Join us as we expl...
Mark as Played
February 4, 2024 • 39 mins
Interest rate is not the most important factor when deciding whether to buy or sell real estate. Wondering what is more important than interest rate?
This week's show is for you! In this week’s episode of The Mr. Mortgage Show, we delve deep into the often-overlooked variables that play a crucial role in making informed real estate decisions.
Whether you’re thinking of buying your dream home or selling a property, there's more to c...
This week's show is for you! In this week’s episode of The Mr. Mortgage Show, we delve deep into the often-overlooked variables that play a crucial role in making informed real estate decisions.
Whether you’re thinking of buying your dream home or selling a property, there's more to c...
Mark as Played
January 28, 2024 • 39 mins
In this episode, we dive into the evolving landscape of real estate, comparing the market dynamics of 2024 with those of recent past.
While the approach to buying might have changed, the game's essence remains the same – building equity over time.
Mark Eitel brings this to life with a compelling analogy: the elevator, escalator, and stairs. Each represents a path to growth in real estate, with varying speeds and experiences, but al...
While the approach to buying might have changed, the game's essence remains the same – building equity over time.
Mark Eitel brings this to life with a compelling analogy: the elevator, escalator, and stairs. Each represents a path to growth in real estate, with varying speeds and experiences, but al...
Mark as Played
January 21, 2024 • 39 mins
In this eye-opening episode, we're tackling the emotional rollercoaster of real estate decisions, amplified by the rise of social media influencers.
With a flood of persuasive content and generalized advice, it's easy to get swayed into making hasty buying or selling decisions.
We dive into how some might be misrepresenting data or pushing narratives for personal gain, and why it's crucial to stay grounded.
Join Mark Eitel, as he d...
With a flood of persuasive content and generalized advice, it's easy to get swayed into making hasty buying or selling decisions.
We dive into how some might be misrepresenting data or pushing narratives for personal gain, and why it's crucial to stay grounded.
Join Mark Eitel, as he d...
Mark as Played
January 14, 2024 • 39 mins
Once again the Headlines are Wrong! The devil is in the Data!
This week, we're cutting through the noise of sensational headlines to reveal the truth behind the recent surge in mortgage applications.
Contrary to popular belief, this uptick isn't signaling a flood of buyers entering the market. Instead, we uncover that it's driven largely by homeowners seeking to refinance amidst mounting debt pressures. J
Join Mark Eitel, as he disse...
This week, we're cutting through the noise of sensational headlines to reveal the truth behind the recent surge in mortgage applications.
Contrary to popular belief, this uptick isn't signaling a flood of buyers entering the market. Instead, we uncover that it's driven largely by homeowners seeking to refinance amidst mounting debt pressures. J
Join Mark Eitel, as he disse...
Mark as Played
January 7, 2024 • 39 mins
We're diving into the Biden administration's ambitious proposal to fund 500,000 affordable homes. It's a plan that could reshape America's housing landscape, but what's the real story behind the headlines? We'll explore the potential upsides, like increased accessibility and market stabilization, and weigh them against the possible downsides, including market impacts and funding challenges.
Join us for a balanced and insightful disc...
Join us for a balanced and insightful disc...
Mark as Played
December 31, 2023 • 39 mins
Mortgage Rates in 2023 - The Ultimate Groundhog Day!
Isn't it ironic? In 2023 All the rate predictions were wrong. This was highlighted by us blowing past 8%. Now as the year wraps up, we find ourselves right back where we started.
Today, we're exploring this deja vu and what it means for the real estate market. Have we truly come full circle, and if so, what's next on the horizon? J
Join us for a lively discussion as we dissect the ...
Isn't it ironic? In 2023 All the rate predictions were wrong. This was highlighted by us blowing past 8%. Now as the year wraps up, we find ourselves right back where we started.
Today, we're exploring this deja vu and what it means for the real estate market. Have we truly come full circle, and if so, what's next on the horizon? J
Join us for a lively discussion as we dissect the ...
Mark as Played
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