Welcome Home with Guardian Savings Bank 5-31-25

Episode Transcript

Speaker 1 (00:06):
Good morning, lected. You must to welcome home show by
Guardian Save Me.

Speaker 2 (00:09):
Thanks Larry frekstim Adams coming at you this Saturday morning
as usual. Glad to have you tuned into us. Hope
you're having a good weekend, could start to the summer.
I believe school's out for most of the young now,
are isn't it, Tim?

Speaker 1 (00:21):
I think so seeing my next door neighbors children out
during the.

Speaker 2 (00:25):
Day now, so I assume that school's officially over, and
I know graduations are going on as probably as we speak,
and so we stey away from Reparena maybe quest for
a few days well, because it gets quite chaotic during
these graduations. And congratulations to our graduates of twenty twenty five, Larry. Absolutely,

(00:48):
And it ain't easy, but you get them out and
get them going, and.

Speaker 1 (00:54):
It is.

Speaker 2 (00:54):
Just be careful if you're out traveling around. It'll be
busy down around Reparena and there's a lot of stuff
going on on. So just beware, uh if you're looking
for something to do. This sevening out there at barrel
fifty three eggs at eighty seven. They're on seventy five
eight day sober Trio be Elijah Jarvis and Justin Riley
and Keith Floyd playing out there tonight, and that ought

(01:16):
to be a pretty good little show. That got a
nice little venue out there, and some really really good
food at lunch out there the other day. Anyway, banks
open today from nine to one was eight five nine,
eight nine nine one nine three six South and Drives
eight five nine two six three three three three five.
You can hear she can call us, be glad to
help you. Talked quite a bit last week on the rates,

(01:37):
the bond market, so on and so forth, some of
the crazy stuff going on out here. But I want
to tell you right now, if you're listening to this
radio show and you're interested in saving yourself some money,
we have a limited time offer here at Guardian Savings Bank,
a fifteen year fixed eight five point eight seven five
percent the APR on it's five point nine three seven

(02:00):
closing cost are whopping five hundred dollars for a refinance,
and I don't know tim how they're going to get
anything any cheaper. So it's a fifteen year and actually
if you got twenty percent down we could consider a purchase,
just depending on the rest of it. But right now
we've got a fifteen year fix five point eight seven
five five hundred dollars in closing costs. That does not

(02:22):
include your s grows. But that's what it's going to
cost you out of pocket for us to put your
loan together. And actually you can just use the equity
from your home. I don't think I pay anything out
of pocket at all to make this thing fly, So
keep that in mind. Kind of excited about it. Bond
market's getting better, price is getting better. Obviously, we've got
a fifteen year fixed rate of five point eight seventy five,

(02:42):
five hundred dollars in closing cost. That covers the appraisal,
It covers everything we need to put your loan together
than a filing fee with whatever county it is that
you're in, and if you're going to have any es
grows for your taxes at insurance, So five hundred dollars
in closing cost, Tim, I don't know if you can
get any cheaper anyplace else?

Speaker 1 (02:59):
Can you not go? That deal is awesome right now.

Speaker 2 (03:02):
And if you're looking, if you've been in a thirty
year fixed for a while and kind of want to
up the game as far as applying more principle to
your mortgage so you pay it off faster. This is
a it's the best rates we've seen since COVID, the
rates when I went away. But stock market is back
and that should be reassuring to a lot of Americans

(03:23):
about the condition of their four oh one case. So
hopefully that the tariff you know, issues will soothe themselves,
so to speak. But I think the economy is looking
all right. The Feds, the federers are is just looking
for a better queue that inflation is going to continue
to you know, correct if we can get some of

(03:44):
this stuff sorted out. I mean, they were just in
the past. I mean it was what last June, about
a year ago when the Bureau of Labor Statistics came
out said that they were understaffed, overworked, and they overestimated
the number of people had been hired by what a
million some jobs, you know. I mean, you've got to
sort through all this stuff, and you've got to change
in the administration. They're getting all this stuff ironed out

(04:05):
and we can really start really focusing on what we
need to work on to get the economy where it
needs to be. But we're still taking applications, people are
buying houses, We're doing Bridge Loans Construction Loans had a
guy called this week for a VA loan, you know,
and Tim, you know VA loans is I think it's
the only assumable loan still out there. You know. I

(04:27):
get calls all the time about people that would like
to go buy a new home and then sell their
other home on the rate they have, But that doesn't
happen with Guardian. We don't allow our loans to assume
to someone else. But yes, VA does that, and that's
a great deal, it is. And then you know, we've

(04:49):
been talking a little bit of different marketing strategies as
well in here, and you know, we're just we're debating
on what's the best use of money by a client.
If the the seller will a home, is willing to
pay a certain percentage, maybe three percent towards closing cost
and prepaids, and you know, a lot of negotiating right now.
I mean sometimes people, hey can you pay the closing costs?

(05:11):
Or the seller will say, hey, I'm willing to pay
three percent towards closing cost.

Speaker 1 (05:15):
I ran some numbers on it.

Speaker 2 (05:16):
And if somebody's willing to if they're giving three percent
towards closing cost and prepage. We could use two percent
of that and say we'd go from six point eight
seven five to six and three eighths. Well there, you
know how I feel about buydowns right now. I just
think that that's it's not a good strategy from my standpoint,

(05:36):
but it is what it is. And I do see
competitors offering the ability to take you know, let's say
our rate today is six point eight seven five and
you can buy that rate down to six and a half,
but that's expense. Those are called points, and you're gonna
pay points or real money. If the seller was going

(05:57):
to pay it, that's great, But I just don't I
don't know that that's a good wise and decision is
to buy down a rate right now. Well, and I
agree with you in most circumstances, with the competitive nature
of the market. You know, people want to negotiate and
this and are closing costs foroard a thout nine hundred
and fifty eight bucks or something pen than you we did,
all right, So if they got three percent and we

(06:19):
could buy the rate down, I think on random numbers,
on a three hundred thousand dollars loan, you take the
rate from you know, six seventy five to six and
a half. And that's the only one they ever had
to save. Is with my thirty four thousand dollars in
interest over the life and the loan and fifty down
sixty bucks a month in payment.

Speaker 1 (06:36):
Well, I just.

Speaker 2 (06:37):
Take six point eight seveny five, take the three percent,
pay all our clothing and settlement costs, including set up
for scrows and everything else.

Speaker 1 (06:44):
That's real money too.

Speaker 2 (06:45):
Oh yeah, absolutely, it's too you know, two different I'll
do losts we're talking about. I'm not big on the
buy down either, because you can refinance for nine hundred
and fifty eight bucks, So why I spend you know
that money? But I really just wanted to say it
just because if you run into it negotiation wise and
you want to figure out how to use the cost,
we'll tell you what. You You know, hey, this little

(07:06):
closy cost argue can buy the rate down if you
want to do this. I don't think eighteen nineteen years
i've been here now, I don't think I've ever had
somebody maybe one or two people buy the rate down
for some reason or another, you know, so it doesn't
happen very often, but you know, you can do it.
And then you know, like I said, this fifteen year
fix is five point eight seventy five, and I think
everybody else is probably quoting you know, six and a

(07:28):
quarter or something that's three eights of a point less.
It's just some people's opinion are that, you know, you
here and then there, wow, if we go into a recession,
rates are going oh up. You know, I just don't
I'm not buying any of that. What I see online
about race possibly going up, I just don't think that
that's going to be a feasible, uh directive. With home

(07:52):
buying the way it is, and first time home buyer
is not getting a good shot at buying right now
because we're at seven or six point eight seven five.
It eliminates a lot of the first time buyers from
buying because they can't qualify possibly at that higher rate.

Speaker 1 (08:06):
So that might make sense in some cases.

Speaker 2 (08:09):
I have done that, Larry, where I have bought the
rate down to help them qualify, right, And that makes sense,
but just you know, just for negotiating purposes, you know,
I wanted to you know, kind of mention that, and
I think the strategy part of it could be, you know,
you know, if you're going to pay a couple of
points on you know, buying your rate down.

Speaker 1 (08:28):
All right, I think, what what was it today? I
was looking at it.

Speaker 2 (08:31):
It's not two points, but I mean it might be
one point seventy five to drop it. I mean, it
just depends on the loan size and so on and
so forth. But it's just a creative way, another bell
or whistle if you're a real estate agent, and so
on and so forth, just something to think about. The
only loan that I know of, it's assumables VA. But
we do faha us DA home possible.

Speaker 1 (08:52):
We got all kinds of loans.

Speaker 2 (08:53):
Out here that we can do other than our conventional
side of it. But faha, the par rate right now
for faha six and a quarter VA six and a
half USDA six and eight. That tells you that the
rates are coming down, you know what I mean. So uh,
the government's just ahead of the curve, it seems, for
the first time or in a long time, for the

(09:15):
benefit of people out of here. But you know, somebody
got some money that they can help you out with
closing costs.

Speaker 1 (09:23):
Use it.

Speaker 2 (09:24):
Let's look it over and see what has gonna benefit
to the most. But the long term savings, which you know,
what's what is it? Tim five to seven years average
time somebody spends in a house, well outgrow.

Speaker 1 (09:35):
It, you know.

Speaker 2 (09:36):
With the COVID money at three percent, I'd say that
that's a little longer now.

Speaker 1 (09:40):
Because people are hesitant to give up to three percent.

Speaker 2 (09:42):
They have, but they got back four five years ago
and then go buy a new house at six point
eight seven five, that's a big obstacle. So I'm thinking
that that average probably has gone up a little bit. Larry,
it's uh, we've gotten into these uh, these high rates
since that we had it rates so low for so long,

(10:03):
you know, and a lot of people get used to
seeing them. But I think the public overall is making
an adjustment and recognize that the rates we have is
what we have. You know, it takes people a little
bit to learn that they're not making any more land.
The longer they wait to try to get into a
contract to buy a home, they're further following further behind
an inequity position or the value. You know, We've got
some creative programs and they won't let us do them.

(10:24):
It doesn't make sense anyway. But just if you give
us an opportunity to take a look at it. I'll refer
you on to some other people to get some quotes
on the loan. I ain't scared. I'm going to give
you my best and final offer right up front. I
don't have but a lot of negotiating room. You're gonna get,
you know, to deal, But take time. Shop around, see
who you like, what you want to do, see who
suits you. But this is what I want to tell you.
Back guard and be local, buy local, and stay local.

(10:46):
You're gonna be able to come in the branch and
make a payment, have a cup of coffee. You know,
we got checking and savings accounts in here. We are
not just the mortgage brokers. And a lot of people
don't realize that. But you know, you can come in,
be part of the family and you have ten people
come in. They'll hang out and talk and chat and
visit about different things. And that's you know, that's what

(11:06):
it's about. Me and the community bank, and we literally
are a community bank. And that's why we think. Come
get a quote from us, go to a couple other places,
get a quote, and then you know, compare apples to apples.
They got us beat, So be it I don't have
a problem admitting it, not to help you move on,
show you exactly what all this stuff they're doing. But
if it's something I can save you money on and
you're going to try to go someplace else and give
some equity away or do something else, I'm gonna point

(11:27):
that out.

Speaker 1 (11:29):
We don't want to. We don't want to. You know,
have you paying a bunch of money out of it?

Speaker 2 (11:32):
And we talk about that, you know, three hundred and
twenty four thousand dollars loan, no money out of pie,
but the new loan for three thirty six but they
know how to pocket no. But you just lost a
bunch of money in equity, and that's what we want
to keep from happening. But the deal for us right
now five eight seven, five fifteen year fixed, five hundred
our closing costs and you know.

Speaker 1 (11:52):
You're not going to find that anywhere.

Speaker 2 (11:54):
You got twenty percent equity position, credit score you know
comes into play, which seems like most of our clients
and our family of borrowers, and you know fits the bill.
But you know it has to be primary residents, single family,
seven eighty credit score rate and term refinands. You know,
we just go through the same process, but five eight

(12:16):
seven five on a fifteen year fixed him as probably
three eighths of a point lower than anybody else that
you're going to get a quote from on a fifteen year.
Would you agree, absolutely, that's a that's a special that
we have that comes from our affiliation with the Federal
Home Loan Bank. So that's a unique opportunity. So give
us a call. Yep, Hey, we're gonna take a break.

(12:39):
You're listen to Welcome Home Show. Banks open today from
nine to one. Phone numbers eight five, nine, eight nine, nine,
one nine three six South and Drives eight five nine
two six.

Speaker 1 (12:50):
Three three three three five. So if you can hear
she can call us.

Speaker 2 (12:54):
You are listening to Welcome Home Show by Guardian Davis
Bank on News Radio six thirty lap.

Speaker 1 (13:00):
We'll be right back.

Speaker 2 (13:00):
You're Backlisten to Welcome Home Show by Guardian's Davy's Bank
and Very Freaks Tim Adams, and you're with you this
Saturday morning. We're glad to have you tuned in to us.
Bank is open to day from nine to one. Oh
numbers eight five, nine, eight ninety nine, one nine three
six South and Drives eight five nine two six three
three three three five.

Speaker 1 (13:17):
So if you can hear.

Speaker 2 (13:18):
Us, you can call us be glad to take a
look at any of your real estate question needs or
situations and see if we can put something together to
save you some money, restructure your debt, whatever it is
that we can do to help you.

Speaker 1 (13:33):
We'll take a look at it and see.

Speaker 2 (13:34):
But car loans, boat loans, note loans, we don't do
them real estate only tim So you can't be lending
out money to your buddy over so we can buy
him new Harley. We ain't doing that our new golf
cart or what have you. But hey, we got our
rate special we talked about a little bit the first
time or the first part of the show. Here five
point eight seventy five on a fifteen year, fixed five

(13:56):
hundred dollars in closing costs, or you're not going to
get chewed up with a bunch of equity loss on
so forth. But if you've got a house last couple
of years, you're and you're paying in the sevens most
likely on the fifteen year, you might be something in
the mid sixes. But if you can refinance for five
hundred dollars at five eight seventy five, it ain't gonna
take you too long to break even on that five
hundred our closing cost. And you can shop right around

(14:18):
anybody else in the country, let alone Lexington, and see
what the closing costs are. There gonna be more than
five hundred. Guarantee it. Some of the music you're gonna
hear on the show today, Tim, I wanted to point
this out, Spirit of the blue Grass, and if you
want to get online and see anything about it, you'll
hear the commercials and some of the musicians and on
the radio show today with us. But Spirit in the
Bluegrass dot com. And we've been after and watching a

(14:42):
couple of times, have great acts out there. It's out
the horse park this evening. My buddy's through eight days sober.
They're gonna be at Barrel fifty three tonight and then
this weekends the rail Bird. I guess, isn't it Yes,
So they've gotten down yeah, over the red miles, so
be aware of that. And then Tom Dupre on the
four US again this Tim. He's he's always fun to
listen to. We've got a lot of people listening to him,

(15:04):
and he's got some good ideas. And I know you're
kind of restructuring some of your investments and so on
and so forth. And we don't talk about this a
whole lot, but we need to.

Speaker 1 (15:11):
Again.

Speaker 2 (15:11):
Here's a fifteen year fixed at five eight seven five.
This can save you some money, shorten your term or
something that you can afford. And we'll set all that out.
And you think that you're going to be retiring sometime
in the near future, now is the time to do it.
Once you retire, the check stuff's gone, the W two's,
everything's going to be changing on you. So let us
get this in place before you make any big moves.

(15:33):
And we used to talk about rigularly, but we did.
We'd have people call in and you know, they knew
that in three or four months they were going to
be retired, and they come in and restructure everything. Tim
We got financial advisors that'll send people in on the
same premise. Well, just helped the couple that are in
their retirement years and you know, their advisor just said,
want to just take the traditional thirty year.

Speaker 1 (15:52):
It gives him a little more money to manage. And
then with our.

Speaker 2 (15:55):
Ability to recast an out and by that, I mean
if you bring in a ten thousand dollars up some
principal reduction. We'll actually recalculate or recast your note that
it's going to lower your payment. So that was attractive
to them. But I'm I'm just a financial advisor coach.
I'm not a financial advisor. But I told them to
go talk to their financial advisor about the periodic lump,

(16:16):
some method to get and you're not r up to
a fifteen year payment, but certainly you have a goal
to pay it off within fifteen, fourteen, thirteen. This sky's
the limit. And depending on the size of your portfolio,
and at seventy whatever, seventy two you have to start
making distributions anyway.

Speaker 1 (16:34):
So that's the time to make it.

Speaker 2 (16:36):
Take those distributions you're getting from your retired portfolio, come
in here to guardy and throw it down on your
principal balance and we'll redo the note, recast the note.

Speaker 1 (16:45):
That's a great strategy.

Speaker 2 (16:47):
And it's just having a plan before you retire. When
you retire so much different trying to figure the income.
A lot of financial advisors know what we're doing, how
we do it, and they'll send people in. But if
you're just listening to the show, thinking, hey, July fourth
is my last day.

Speaker 1 (16:59):
You know what I'm mean.

Speaker 2 (17:00):
If you're getting to a point where you know you're
going to be doing some stuff after you get that
the retirement started, it's going to change your ability to
borrow based on the income you have going in, and it.

Speaker 1 (17:09):
Won't be the same as you.

Speaker 2 (17:11):
You know, we're working on your job at Toyota or
train or IBM or McDonald's wherever it is you work.
You know it's going to make an impact on you,
and we'll bet all that out and make sure we've
got it. You know, we're not going to overqualify you,
but you know, if everything's going right there, well we
can put it together. Five hundred dollars clothing costs, rate
and term refinans.

Speaker 1 (17:29):
That's only on.

Speaker 2 (17:30):
The five year or fifteen year you know special run
right now, But otherwise, our clothing costs on a simple
rate and term refinance is you know, ultra cheap. We
don't charge lender's title insurance. So the total costs to it,
let's say a thirty year fixed rate and term refinance
with US is nine hundred and twenty five dollars, and

(17:50):
that includes the appraisal and all applicable recording fees, DOC
prep or no additional underwriting fee.

Speaker 1 (17:59):
And you look at the settlement savings. I see, Larryos.

Speaker 2 (18:02):
They they nickel dime these customers with this fee and
that we just we try to eliminate that. Hey, we're
gonna take another break. You're listening to Welcome Home Show
sponsored by Guardian Savings Bank. We're open today from nine
to one. Phone numbers eight.

Speaker 1 (18:16):
Five, nine, eight nine, nine one nine.

Speaker 2 (18:18):
Three six South and Drive eight five nine two six
three three three three five. If you can hear what
you can cost, we'll be right back. You listen Walk
Home Show by Guardian Savings Bank on News Radio.

Speaker 1 (18:27):
That's six thirty Home with the Wall Cats w LAP.
We'll be right back. You're back.

Speaker 2 (18:32):
Listen to Welcome Home Show by Guardian Savors Bank, Tim Adams,
Clay Frake, sav you're with you the Saturday morning. We're
glad to have you tuning in to us. Appreciate everybody
listening and spread the word. Five point eight seven five
fifteen years fixed five hundred dollars enclosing costs and there
ain't no tricks, baby, that's just how we roll with it.
And we appreciate the opportunity to try to have to
save some money. And there's plenty of people after paying
more than five point eight seven, five ten, you know it, Yes, sir,

(18:55):
a lot of people because you know, how long has
it been now since we since the transitory rising rates.
You know, we were bussed on seven and a half,
some people were into eight eight and a quarter. Right
now might be the time to consider going ahead and
doing something. And that's an insurance policy that rates aren't
going up. Let's not forget. We do have our own

(19:16):
money to lend, and if you really so strong.

Speaker 1 (19:20):
We'll leave. Like we do.

Speaker 2 (19:21):
The cycle of the you know, economy and mortgage rates
could work back in your favor in a year. Within
the next twelve months, we'll put you at six and
a half on a one year closing costs nine hundred
and twenty five dollars. Then if the rates come down
in four months, we'll redo you again nine hundred and
twenty five dollars. So you got eighteen hundred dollars and

(19:42):
two transactions and that's typically cheaper than one somewhere else.

Speaker 1 (19:47):
Yeah.

Speaker 2 (19:47):
Yeah, And the thing about it is we can put
these notes on any term you want.

Speaker 1 (19:51):
Jail.

Speaker 2 (19:51):
I'm gonna pay it off in thirteen years and two months,
all right, we can set up on that. I'm gonna
pay it off for eleven years and eight months. We'ven
set it up on that. We make it happen. That's
the beauty of But you know, be local by a local,
stay local. We service our conventional loans. You're aways going
to pay Guardian right, and that's for our closing costs
are as cheap as they are because the payback's truly
in the payback. So you know, get off the fence

(20:12):
and make something happen. If you're moving and shaking and
going to shop and be out, you know, considering a
new home, get yourself preapproved.

Speaker 1 (20:19):
We'd love to work with you.

Speaker 2 (20:20):
You know, we'd love to see three other comps for
you to consider as far as closing costs and the
way that the loan's going to be structured, ain't. We
ain't afraid of nobody. We just want to make sure
everbody's getting the best deal.

Speaker 1 (20:29):
And most of the.

Speaker 2 (20:30):
Time we have it him. Sometimes we don't, but I
ain't fred Rent refer them honor you no, Yeah, may
be the best man win. That's the way we feel
about it. But if because we're so confident in what
we do, if you consider us, I think you'll find
we will have a sutter deal. We know what closing
costs that we you know, we charge and we keep

(20:50):
throwing that out there. No lenders tile insurance. That's a
fee we cut out automatically. You'll see on every other
settlement statement from any other bank or broker, you know.

Speaker 1 (21:00):
And that's a great point.

Speaker 2 (21:01):
And that title insurance that you're paying for doesn't do
anything but protect the lender in case whoever's doing the
title work for the lender does a bad job on
that title work and it cost the lender an issue.
And so you know, we we have you know, a
couple of people we work with. We can get all
this stuff covered. But it's just one of the things
that you know, was part of the process. We got

(21:22):
people that will take care of all of those things
for you. We just need you to call eight five
nine eight nine six eight. I was listened to the
radio show. I want to get some information in. I
want somebody to call me back or let me talk
to them about how much money they can save me.

Speaker 1 (21:36):
Can we do it? That would make a limit? That's right.
Just got to keep on pushing.

Speaker 2 (21:40):
U Let's not forget about our friends down in Plaski
and Plastic County and Law County that were affected by
the tornadoes a few weeks ago. And you know, just
because time has gone by and it's out of side,
out of mine kind of thing, those people are still
in neat So if you can find a good cause,
please please help if you can. I know there's been

(22:03):
a lot of we've had a lot of weather related
catastrophes in this state, Larry in the last two years,
and boats over in western Kentucky.

Speaker 1 (22:14):
But I just want to throw that out there.

Speaker 2 (22:15):
Don't forget about the people down in Pulasky and Law
County obviously, to our friends over at Bob Brown House,
Lexington Rescue Mission, and there's all kinds of stuff. People,
you know, get really involved in that type of stuff.
It seems like around the holidays, tim around Thanksgiving, Christmas,
people are super insturnment and you know what, believe it
or not, these people eat your round, that's right. So
there's a lot of need out there, and I know

(22:38):
it's hard to it's hard to help everybody, but we
try to do as much as we can here at
Guardian Savings Bank to find worthy causes that help this community,
because we are a community bank and we do.

Speaker 1 (22:51):
You know, we made a.

Speaker 2 (22:52):
Pretty sizable donation to the Rescue Mission. And I did
approach one of the guys. You know, they stand on
the side of the road down here with a sign
their homeless and and I feel compelled to help those people.
And unfortunately, I was able to go down and meet
with somebody that was doing that and turn them onto
the Rescue Mission.

Speaker 1 (23:14):
And I know for a fact.

Speaker 2 (23:15):
That that that he did that I got called back
from the Rescue Mission that he had been receiving some
help and he had gotten housing. So what kind of
fall I'll kind of follow through with it because I
wanted to see you know, the rescue and mission and
action and they are and uh a teamwork makes a dream.

(23:37):
And really, if you're out there driving around and you
see these people, just tell them to call the Rescue
Mission if obviously if they have a phone, but or
make it make their way there somehow, and they're going
to help them, give them the resources they may not
know about and definitely need to change their situation.

Speaker 1 (24:00):
And it's just you know, being able to communicate with them.

Speaker 2 (24:03):
A lot of the places they set up it's hard
to because line and start roll and the.

Speaker 1 (24:07):
Light changes, you're gone, you know. But you were able
to talk to this guy. That's right. There was a
real hands on experience.

Speaker 2 (24:14):
And you also may be inclined if you've been involved
in a flood and you have damage and you your
life has been changed. The Kentucky Realtors I also have
a website called the Kentucky Realtors Relief Foundation. So you
can google that website Kentucky Realtors Relief Foundation, and you

(24:37):
can apply for assistance and you can receive up to
one thousand dollars for you know, the needs that you
currently have, meaning a mortgage payment, you know whatever. Go
I encourage you if you have are in one of
those areas that has been affected by the weather related incident,
go to the Kentucky Reltor Relief Foundation and apply, uh

(25:01):
for assistance from that fund. I just wanted to throw
that out there because we are involved in realtors and
what's the realtors I mean? And uh, you know, we
feel we feel really good about the realty community and
they're all their endeavors to help people in need, and
of course the wheelchair rent program that you'll hear a
p s A on here every weekend U R C HFU.

(25:24):
We will install wheelchair ramp into your home for accessibility
at no charge. So you just got to apply and
uh we'll vet it out. And that's just money and
well spent. Larry well till I think that you know,
the realators in central Kentucky are some of the best.
I don't I don't really know how to compare them

(25:45):
to anybody else. I mean, they're you got the real
Community Housing Foundation, you got people helping and working with that,
You've got donations, You've got trucks going to churches and
firehouses and just will help out when we can and
when it's our neighbors. I don't care how you vote,
what you look like, what car you drive. We all
come to b together. We band together, and we get
along and help each other. And I think that there's

(26:07):
a lot of fake news out here that keeps people
divided and upset over certain things. But man, I'm telling
you Kentucky and step up. They will step up and
help out and do the right thing by their neighbors
and the good name that they have themselves. So if
you can make a donation or do something and bet
them out. I mean, I'm not a Red Cross fan.
I can tell you that a lot of money going
in there for the people to run it.

Speaker 1 (26:29):
You know.

Speaker 2 (26:29):
Some of the stories, you know, I don't know how
to validate them. I'm pretty cut some reasonable sources on
the way that they handle some stuff.

Speaker 1 (26:38):
I know they're doing the best they can.

Speaker 2 (26:39):
But man, if you want to give a dollar, I
want a dollar going out. I don't want people sending in,
you know, a dollar and seventy cents going out so
they can keep thirty cents for the you.

Speaker 1 (26:48):
Know, board or whatever it is that they're doing. But
it's well.

Speaker 2 (26:54):
Of The RCHF is certainly such a bona fide organization
that if you wanted.

Speaker 1 (26:59):
To make a donation to them, and you can put a.

Speaker 2 (27:02):
Note in your donation to say, hey, I would like
to get for this to go to the folks over
in eastern Kentucky, or the folks in Pulaski County, or
the folks in Lawel County, and uh we you know,
we'll get gift cards out to these folks and that
that way we know the money is going right where
it's supposed to go and there's no administrative cost from

(27:25):
the Bluegrass Associate Association of Realtors that money goes.

Speaker 1 (27:29):
We're not we don't. I'm a part of the.

Speaker 2 (27:32):
Board and uh, you know, I've never taken a dime
for my services.

Speaker 1 (27:36):
It's all been volunteer.

Speaker 2 (27:38):
And that's just something that the realtor community here in
Lexington and central Kentucky down to Somerset are.

Speaker 1 (27:45):
They're passionate about.

Speaker 2 (27:46):
Having that, you know, that ability to uh to be
ready to help people. Yeah, and they do. And they've
always had to come to the table with money. I
don't care if you know it was torn as floods.
I so whatever, you know, it's a the teamwork makes
the dream work. Everybody's got to participate in help and
make things happen. But Kentuckians will step up and uh,

(28:07):
you know, it just it just I just love to
see and it keeps the faith for me, you know,
I mean, I see people don't know each other, how
they're helping each other. Tim you've been up down seventy five.
You see the devastation down there in that London area,
and it was a place it's crazy. I mean it
looked like I mean, you know, just got hit bad
and a lot of a lot of the parts of

(28:29):
the people that were affected you won't see on the
news because a lot of the area that.

Speaker 1 (28:34):
Was impacted are rural areas.

Speaker 2 (28:37):
And I talked to some friends that I know down there,
and their community came to again, their small community came
together to you know, to clear the road so people
could get out and cutting trees all day long. And
it wasn't FEMA, and it wasn't the local government. It
was a band of local people that care for their
neighbor absolutely, and that's typical for the area that we

(29:01):
live in.

Speaker 1 (29:02):
It it's unbelievable.

Speaker 2 (29:03):
People showed up with chainsaws and you know, timber cutters
that showed up with equipment to help accomplish the goal
of getting people that were trapped without power.

Speaker 1 (29:15):
To get out.

Speaker 2 (29:16):
Yeah, it's tim It's just like the wheelchair rims. I mean,
those don't cost anybody. You put call in, you get qualified,
and they have firemen on their day's offer or policeman
on their day come and do the work and they
build it up to code and put it like it's supposed.

Speaker 1 (29:28):
To be right.

Speaker 2 (29:29):
You know, I've never heard anybody complain about it freeze free.
I mean, somebody's paying for it. But if we can
help somebody that needs it and get their house and
tiptop shape where they can have business visitors and get
in and out themselves, I mean, that's what it's all about.

Speaker 1 (29:41):
Hey, I want to shout out to Danny. Danny, you
know you are we we just it's business together. So Danny,
I know you're a faithful listener. So he go there. Well,
I'm not going to let you.

Speaker 2 (29:50):
I'm gonna say hello to Denver then or Marty or
George or pe. We do talk about some of the
same issues every week, and that's what we do, and
that's mortgages in the economy, and we just think that
it's important to get that information out to our listeners.

Speaker 1 (30:06):
Uh.

Speaker 2 (30:07):
There's a lot of misperception about what, you know, how
mortgage rates are, where they come from, who controls them,
and it's really an open market thing.

Speaker 1 (30:15):
So uh, we're just hopeful.

Speaker 2 (30:18):
That in this in this case where we are in time,
that we will see some relief on mortgage interest rates.
That's our opinion. Yeah, and I think that, you know,
I think it's coming. I don't know exactly when I
thought it would be September, it could be later. Hopefully
it'll be sooner. But listen, we're getting a lot of
applications of people out here buying, and the lower the

(30:39):
rate goes, the more competition you're going to have to
buy something. Just give us a call. Eight five, nine, eight, nine,
nine three six. That's here in Hamburgs South the drives
eight five nine two six three three three three five.
You got Jammie Mortimer, Aeron O'Brien, Jim McKenzie and Alex
Malaney over there, and here in Hamburg's you know, Alex Tingle,
Tim Adams, Lorie Hawkins, commentary, Rob McBride and yours truly

(31:02):
don't miss anybody then, no Johnny, oh no, we don't
have one. And we might get a Richard though. So anyway,
we're gonna be right back Banks over day from nine
to one. Phone Umer's eighty five nine eight nine, nine
one nine three six. You listen to Welcome Home Show
by Guardian Savage Bank on News Radio six thirty.

Speaker 1 (31:19):
Right here on w LAP We'll be right back your mak.

Speaker 2 (31:24):
Listen to Welcome Home Show by Guardian Savings Bank. Leary
breaks ten Madas in here with you this Saturday morning.
It's railbird weekend. If you're out and about, be safe,
enjoy the music. Opening to day from nine to one
Phonomers eight five nine, eight nine nine one nine three
six South one Drive is eight five nine two six
three three three three five. So if you can hear as,
you can call us. We hope you've enjoyed the show.

(31:46):
We're just out here kicking around a few ideas like
this five point eight seventy five on a fifteen year
fixed and five hundred dollars closing costs, no delivery fees.

Speaker 1 (31:53):
Shop that around.

Speaker 2 (31:54):
Shop until you drop on that one, because this is
one of the best deals you're gonna find in the area.
I'm pretty certain if you find something better, I'll be shocked.
And you know what, I applaud you for finding it.
It's funny, Tim, You know we we haven't talked about
this for a while, but people will drive across town
to save three cents on a gallon of gas, but
they won't pull their mortgage out and see what they're

(32:15):
paying above five point eight seventy five. We do real estate.
Give us a coll see we can put something together
that have you get something done. We've been trying to
you know, reinforce this five eight seven five on a
fifteen year fixed and I don't I mean shock round.
See what else you can find any buying down any points, folks.
That's just you know, straight up quite total dollars includes
a praise, yep. So you know, if you're wanting to

(32:38):
get out in bid and knowing you can refinance for
nine hundred and twenty five dollars in the near future,
everything falling in the line, you quit your job or
run up a bunch of debt, we should be able
to refinanci you and get something into a fixed term.
So keep that in mind. I mean, well, we're out
here to make loans and help people, you know, get them,

(32:58):
and sometimes it takes a little while. Tim If you've
got a little work to do, and I'm not afraid
to put it in to help somebody get a home.

Speaker 1 (33:05):
I know you aren't either.

Speaker 2 (33:06):
No, you're of a home buyer, but it might not
be today. But we're going to get you in the
right direction and that's all that you are sure, yep.
And we'll get a plan, have a vision, know what
it is you're looking for, what you want to do,
how you want to do it, and you know, to
help with that part of it. And if there's a
house out there, we'll find your realtor if you don't
have one already, that'll find that house that looks like

(33:27):
you want and all the features that you would require
to purchase something and let them help you.

Speaker 1 (33:34):
And that's what's going to happen. But who else is
at Railbird this weekend? Tim? Can you see the lineup over?

Speaker 2 (33:40):
I don't recognize a lot of them myself, but I'm
sure you will of the line up. But those are
the headliners that I just talked about, Laney Wilson.

Speaker 1 (33:53):
And Jelli it Roll. But there are more acts, of course,
and I think it looks.

Speaker 2 (34:00):
Like Riley Green, Bailey Zimmerman, the Red Clay Strays, the
BlackBerry Smoke, the Treaty Oak Revival, Ryan Bingham and the
Texas Gentleman Shaboozie will be here. Oh so yeah, it's

(34:21):
a it's a pretty strong lineup of excellent entertainment. And
also we can also be hopeful that you know, Kentucky
made it into the NCAA tournament with our baseball team.
They played yesterday, so we don't have those results just yet.
But who knows they may still be in the hunt

(34:41):
here and so you might want to pay attention and
catch them on TV at least. But the weather, you know,
is going to be seventy one on Saturday and seventy
one on Sunday. So the weather looks like it's going
to be really ideal for the real Bird concert series

(35:01):
over there.

Speaker 1 (35:02):
So that's a good thing.

Speaker 2 (35:03):
Yeah, well, you know, I mean, it's that next concert
getting bigger and better every year. Not something I don't
want to get out there and get in the crowd,
but you know, it's mad like a poncho though all
you know in Kentucky, Yeah, you never depend on which
way the wind's blowing. You can dictate what kind of
weather you're gonna get, and that can change by a minute.
And I'm not a weather forecastro I just I'm just

(35:25):
passing along what I see.

Speaker 1 (35:26):
Yeah. Yeah, but we've got had some really. You know,
it's been kind of refreshing for me because you know,
I just got.

Speaker 2 (35:34):
Back from Florida it was really hot, So this has
been I've had a spring period that I really enjoyed
the cooler weather. But I know a lot of people
are ready for summer. But we did have had a
little touch of spring here. Yeah, that's been kind of
good for me at least. Yeah, and you know it's
a time of the year people are gonna get all

(35:54):
start shopping. We're at five point eight seventy five on
a fifteen year fixed, six point six six point sixty
five on a thirty six point eight seventy five kicked
up a little bit mark kind of it's been topsy turvy.
But we were hoping that all the rates come down.
But that's a special pool of money that we have
access to through the Federal Home Loan Bank on that

(36:16):
fifteen here. But gosh, you know people are like, well,
I can't wait till rates get down the fives.

Speaker 1 (36:22):
Well we're here, so if.

Speaker 2 (36:23):
You can, if you're talk to your financial advisor and
they say, go ahead, take on that fifteen year and
get that get that real estate knocked down.

Speaker 1 (36:32):
Yep.

Speaker 2 (36:33):
Hey, we appreciate you tuning in to us today. You're
gonna hear some music of some different artists here. They're
gonna be playing its spirited the Bluegrass out the Kentucky
Horse Park here in a few weeks, So hope you
enjoy that. If you get out to see some live
music and Barrel fifty three. If you're not going to
the Railbird, but my boys from eight Day Sober will
be up there. There's always good music over at Austin City,
good crowd, good people to be around. So you've been

(36:56):
listening Welcome Home Show by Guardian Savings Bank World Today
for nine one phone numbers eight five nine, eight nine
nine one nine three six South and Drives eighty five
nine two six three three three three five for Tim Adams.

Speaker 1 (37:08):
I'm Larry Frake. We'll be back next Saturday.

Speaker 2 (37:10):
And listen to the Welcome Home Show six thirty w LA.

Speaker 1 (37:15):
We'll be back next week. Have a great weekend.