EP 32 - Mortgages & Markets - Update with Rasha Ingratta, Mortgage Expert

What is happening in the housing market? - Interest, Inflation, and Investment, oh my!

 

With an eventful 2022 slowly winding down but interest rates on the rise we knew it was time to have a professional come on the podcast and talk about the current state of the housing market. Rasha Ingratta, a mortgage expert with Mortgage Intelligence offers her expert opinions and insights on the unusual real estate situation. Being local to the Windsor/Essex area she has a great deal of experience in the unusual real estate pocket of the city south of Detroit. 🎸

 

On this informative podcast, Ben and Rasha discuss:

➡ The current inflation rate and how it impacts the rate

➡ Reflection on house values in the past 2 years

➡ When to think about refinancing

➡ How to qualify for a mortgage

➡ Information about the stress test

➡ Home equity line of credits

➡ Purchase Price and appraisal price

➡ Fixed or variable rate, past present and future