We are at the midpoint of February and already people are well ahead of their first quarter projections! Are you taking full advantage of these incredible opportunities?
Here are some really great numbers:
- Mortgage rates are 1% or more lower than this time last year.
- Purchase business is up more than 16% over last year.
- Refinance business is up more than 200% over last year.
- Equity levels are at all-time highs.
- People can sell and move to a more expensive home for the same or slightly higher monthly payment.
- First & last month’s rent and security deposit can help get into a new home; add in an income tax refund and you are on your way!
- The possibility of lower rates and equity and eliminate MI as well as possible debt consolidation to further reduce monthly obligations!
With all of these opportunities, you should be setting personal production records!
How are you doing with the 50 refinance challenge? Will you get your 50 refinances closed by April 30th? Many in my group are using this challenge as a way to stretch personal expectations and reward themselves for the commitment to do what they once thought impossible!
If you’re not closing five to eight loans a month, or haven’t closed 25 units since last October, what is holding you back?
We are here to help you!
Questions or comments: Mike@IMTcoaching.com