Michael Spirito joined us recently for a discussion on the mortgage world.

Today we’re joined by special guest Michael Spirito of Summit Mortgage to talk about several exciting topics. One issue we’re facing as Realtors these days is that our buyers are afraid they can’t afford a home anymore because of rising prices. Michael addressed this fear and much more in our wide-ranging discussion.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most:

0:40- Why low interest rates are impacting affordability more than high prices

2:10- Why waiting for prices to go down might be a bad idea if rates also go up

2:51- A quick look at interest rates over the years shows why today’s rates are so amazing.

3:45- Tools Michael has to help buyers see what a home might cost them now versus later

4:41- A rundown of some unique mortgage products from Summit

6:00- How Summit’s pre-qualification process benefits both buyers and sellers’

6:45- Wrapping things up

If you have any questions for Michael, give him a call at (407) 616-8755 or visit his website.

If you have any other real estate-related questions for us, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.