Deadbeat Nation with Debbie Bloyd #5791
Kerry Lutz and Debbie Bloyd discussed a new rule that would require reliable borrowers to pay a fee for dead beats. They both agreed that it was a stupid and socialistic idea. The rule takes place on May 1, 2023 and no one knows what the fee will be and how it will be used by the government. It's helping to further unsettle the real estate market. \xa0Real estate markets have changed over the past year, however, the public's perception and belief that they are entitled to a mortgage to purchase a home has not.\xa0 Debbie is doing her best to educate the public but feels the message is just not getting through. Looking ahead she believes rates my come down slightly over the next year but that the economy will be in worse shape than it is now. Interesting times ahead.\xa0 Find Debbie at: https://dlbmortgageservices.com