Episode 21: Updates, Market Conditions & Down-Payments In a Competing Market

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#021 - Even though Covid-19 has made many aspects of life, problematic to say the least, the rates we are experiencing has kept the housing and refinancing markets going strong.Kirk, Ken & Tab start things off discussing the current state of the market, particularly issues that are important to borrowers.  They also go over supply and demand, and how there is an excess of buyers in many markets, and how that affects the process.  They round out the conversation with talks about concessions, and how it comes into play when you are making an offer on a home when that home has multiple offers.The First Commerce Financial Team is also making it easy to see if it's time to refinance your current mortgage, or if they can put you into their system so that you can be notified when it's the perfect time, given your particular scenario. You can contact any member of the team.Contact Kirk at 248-207-2404Contact Ken at 248-459-5511Contact Tab at 734-735-3889You can also learn more about Kirk, Tab and the First Commerce Financial Team at www.FirstCommerceFinancial.comYou can connect with them on Facebook at www.facebook.com/firstcommercefinancialflFollow them on Instagram at www.Instagram.com/FirstCommerceFinancial