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February 09, 2023

Economics of Home Buying with Brian Allen | Educating on the Complex Nature of Mortgages

By Michelle Stone

Today on Adeptus On-Air, host Michael Hoffman chats with Brian Allen, a Senior Mortgage Advisor who helps his clients learn about complicated concepts surrounding mortgages. Brian shares his expertise on buying a home for the first time, refinancing, and dealing with fluctuating interest rates. As a mortgage advisor during the 2008 housing crash and the pandemic, Brian explains how to become a smart home buyer and invest in real estate the right way no matter how the mortgage market looks.

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Time Stamps 

Quick take on where things are at now 1:53

Rates and debt 10:19

Rental properties 19:09

Escrow 22:00

Find Brian 35:00

“If you want to still get in at a buyer market, or at least a balanced market, right now’s the time. It will probably be that way for the next month or so, and then it’s gonna be busy again. There’s gonna be demand and the prices are gonna start going up. There are markets where there has been depreciation, but for the most part, it’s just come back down to normal.” 9:22

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