Dishin' Dirt on the Distressed Buyer- Math of Buying a House and Getting a Loan Today

Dishin' Dirt with Gary Pickren · Dec 1, 2022 · 32m

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Many consumers think that interest rates are at an all-time high and that buying a house is so much more expensive now than it was this summer. That would be incorrect. As of the first of December 2022 interest rates are lower now than in June and just slightly more than in April. But even if rates go up or are higher than this spring and summer, buying a house is vastly cheaper in most cases because of the end of the appraisal gap and multiple offers.

James Fleshman of Foundation Mortgage joins me on Dishin' Dirt to discuss the math of payments, interest rates, down-payments…