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Housing market 'will see a lot of refinancing' as mortgage rates drop, says Mr. Cooper Group CEO 

CNBC Television
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Jay Bray, Mr. Cooper Group chairman and CEO, joins 'The Exchange' to discuss the recent drop in mortgage rates and what this means for homeowners, the economy, and more.

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8 сен 2024

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Комментарии : 37   
@MichaelBrown-ny3et
@MichaelBrown-ny3et Месяц назад
One problem with refinancing, you have to have the equity. Most of these homes will not appraise because of buyers paying way over asking price.
@mbnesbitt
@mbnesbitt Месяц назад
Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security
@hamzahamza-bz3rf
@hamzahamza-bz3rf Месяц назад
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
@vanillatgif
@vanillatgif Месяц назад
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
@ufuksenol2005
@ufuksenol2005 Месяц назад
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
@PineHosting
@PineHosting Месяц назад
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@whitefearlytales
@whitefearlytales Месяц назад
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@PianoMatronNeeNee
@PianoMatronNeeNee Месяц назад
How will people refinance when there’s so many delinquencies (car, student loans, credit cards etc.)
@Chino-bk9fd
@Chino-bk9fd 13 дней назад
LMAOOOOO
@serg320
@serg320 Месяц назад
How r u gonna refinance when u barely hitting the principal on ur monthly pymt bc of ur high interest rate?
@blakedudley4692
@blakedudley4692 Месяц назад
The loan is amortized. Early on you’re always gonna pay more towards interest. My mortgage is north of $4k and roughly only $400 of it is principle. This $4k includes escrow, of course.
@mr_smilegaming8842
@mr_smilegaming8842 Месяц назад
Pay extra principal each month. $300 extra can save you $2000+ in total interest paid.
@PC33CC
@PC33CC Месяц назад
Shocking…. In an election year, mortgage rates are dropping! ABSOLUTELY SHOCKING!
@lazynow1
@lazynow1 Месяц назад
Yea...good luck when housing prices have stalled, inventory going up, and jobs are sliding...
@NN2Nn825
@NN2Nn825 Месяц назад
Buying a home with a mortgage is often misleading when described as an investment. Mortgages can make U.S. citizens work tirelessly, only to become exhausted. Meanwhile, the government and capitalists are taking people's money. This is unfair, but no one seems to listen.
@user-vv9ut7zf4n
@user-vv9ut7zf4n Месяц назад
I have had a mortgage for 32 years and recently sold to Mr Cooper. Bought my house for 105K back in 1992. I still owe 180K due to refinancing years ago. Not sure what I did wrong or if I were duped. My monthly payment is $1500 and will probably go bankrupt before I see my next birthday. The economy is litterally killing me...
@JoyceMuller-xv6kh
@JoyceMuller-xv6kh Месяц назад
I'm hoping for a housing crisis so I can buy properties cheaply when I sell a few houses in 2025, but as a backup plan, I've been considering purchasing stocks; what advice do you have for choosing the best buying time given that I read about trading earnings exceeding $500k each week, yet also hear that the market is out of control and experiencing a dead cat bounce-why does this discrepancy occur?
@AriaLockwood
@AriaLockwood Месяц назад
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.
@MattMiller211
@MattMiller211 Месяц назад
You’re not doing anything wrong; you simply lack the expertise necessary to make money in bad market. In this difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large rate
@AlexYoung-21
@AlexYoung-21 Месяц назад
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
@MattMiller211
@MattMiller211 Месяц назад
My CFA, Desiree Ruth Hoffman, is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@AriaLockwood
@AriaLockwood Месяц назад
Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@GooniesKFA
@GooniesKFA Месяц назад
Anybody that refinance at this time is just plain stupid. You’re not saving much by doing so. Need to drops at least 2 percent or more. Nobody smart will buy at this rate when houses are inflated.
@PC33CC
@PC33CC Месяц назад
Liberal media needs to help Harris. Simple as that. Spin, spin, spin.
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