Anna DeSimone
Mortgage Discrimination & How To Close The Homeownership Gap • Anna DeSimone
Episode Summary
In this episode, Anna DeSimone discusses the persistent issue of mortgage discrimination and the home ownership gap. She emphasizes the importance of educating clients, particularly first-generation home buyers, on the mortgage process and the benefits of home appreciation. REALTORS are encouraged to act as advocates, helping clients navigate the complexities of home buying and lending.
🎯 Key Timestamps
Mortgage discrimination and the home ownership gap
Educate clients on the mortgage process and advocate for first-generation home buyers to ensure they understand and can navigate the system effectively.
High mortgage rates deterring buyers
Explain the long-term benefits of home appreciation to offset higher mortgage rates, emphasizing wealth building through home equity.
🎬 Clip-Worthy Moments
"The difference in one percent between a 6% mortgage and a 7% mortgage on a half a million dollar loan is going to be a couple hundred dollars a month."
Hook: Wondering how a 1% difference in mortgage rates affects your monthly payments?
💡 Key Tactics
Educate clients on the entire home buying process, not just the mortgage rates.
When working with first-time or first-generation home buyers. (00:15:00)
💬 Quotable Insights
"Trust is so important, especially in a multicultural market."
Full Description
Anna DeSimone author, talks about how her career started. Anna talks about the importance of educating the consumer. Next, Anna discusses the state of the real estate market at the moment and fluctuations that have been seen during the last decade. Anna also discusses the the process of property valuation. Anna and DJ also discuss unconscious bias. Last, Anna talks about her book and the lost opportunities she presents there.
If you’d prefer to watch this interview, click here to view on YouTube!
Anna DeSimone can be reached at 475-256-0074 and housingresearchpress@outlook.com.
This episode is brought to you by Real Geeks.
Share This Episode
Send this episode to an agent who needs it
Topics Covered
Problems Addressed
Resources Mentioned
Closing the Gap in Home Ownership
book • Anna DeSimone's book on addressing mortgage discrimination.