Host: Deborah Morton Co-host: Shelley Winter Presented by: The Agency Atlanta | Produced with Clareo Group
Overview Deborah breaks down why financing is usually the real hurdle, what a Fed rate cut could mean for mortgage pricing, and how to think about buying land, building, or choosing new construction. Callers ask about the next 12 to 18 months, hobby farms, buying down rates, and prefab or modular homes.
Highlights
- What the Fed’s decision could do to mortgage rates and monthly payments
- Why a 6 percent mortgage is closer to long term normal than the pandemic lows
- First time buyer programs, debt to income, and avoiding being house poor
- Land plus build vs buying existing, how construction and land loans differ
- Hobby farms, acreage and zoning basics
- Rate buydowns, seller funded buydowns, and when to refinance
- New construction perks, timelines, and county land use planning
Caller Q&A
- Ernie, Cumming: Outlook for 12 to 18 months and a plan for acreage with horses
- Edward: Put less down and buy the rate instead, then refi to drop PMI
- Tony, Cobb County: Prefab and modular options, utility and financing considerations
Time Stamps
- 00:00 United We Dream ad
- 00:33 Show open and call lines
- 01:18 The house is not the problem, financing is
- 01:32 Rates, the Fed, and why lower rates boost buying power
- 03:03 Will we ever see 2 to 3 percent again
- 04:05 Monthly payment realities and budgeting with your lender
- 05:53 First time buyer programs and life stage planning
- 06:53 Land vs build vs teardown, how financing changes for land and construction
- 11:56 Ernie call, market outlook and hobby farm steps
- 15:44 What is a hobby farm and typical acreage
- 18:11 Edward call, buying down rates and PMI strategy
- 20:24 Temporary vs permanent buydowns and seller incentives
- 25:21 Next week preview with Alcova Mortgage
- 25:27 Tony call, prefab and modular homes, utilities and cash needs
- 29:19 New construction overview, builder warranties and choice
- 31:51 Matching schools, commute, lifestyle and budgets
- 34:46 UPS Store ad
Resources
Connect InsideGeorgiaRealEstate.com | The Agency Atlanta | Ask for Deborah Morton
