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Ep 16 - Navigating Interest Rates and Home Loan Strategies With Jared Bahr
Manage episode 499930499 series 3638694
Are you feeling stuck between rising home prices and unpredictable interest rates? Do mortgage headlines leave you with more questions than answers? In this episode, hosts Jeb, Ethan, and Eric are joined by Jared Bahr of Arvest Bank to cut through the noise. He discusses the relationship between the federal funds rate and mortgage lending, the role of the 10-year treasury note, and introduces you to innovative, underused home loan strategies that just might change the way you think about buying—or refinancing—a home.
IN THIS EPISODE:
- (00:00) Opening
- (02:59) The 10-year Treasury note is a better indicator of mortgage lending rates than the Fed's short-term rate cuts
- (05:33) Buy the home, refinance later — act now before housing prices climb
- (11:08) Jared outlines creative home loan strategies for high-net-worth borrowers
- (13:45) Jared shares critical dos and don’ts for first-time or high net worth homebuyers
- (18:34) Home equity lines of credit, bridge loans and recasting mortgage payments
KEY TAKEAWAYS:
- Interest rates are expected to decrease gradually, but borrowers should understand the difference between adjustable-rate mortgages tied to short-term rates and fixed-rate mortgages, which are influenced more by the 10-year treasury note than by the federal funds rate.
- Buying now with a higher mortgage lending rate and refinancing later may be smarter than waiting—because housing prices are likely to continue climbing. As Jared Bahr puts it, you can "marry the house, date the rate."
- Lenders like Arvest Bank offer flexible options for high-net-worth borrowers and first-time homebuyers.
RESOURCES:
DISCLAIMER:
This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
GUEST BIOGRAPHY:
Jared Bahr is a University of Missouri graduate with 15 years of experience as a residential mortgage lender. As Vice President and Mortgage Lending Supervisor at Arvest Bank, a regional bank headquartered in Bentonville, Arkansas, they contribute to a community-focused institution with over 200 branches across Arkansas, Kansas, Missouri, and Oklahoma. Arvest, established in 1961 and primarily owned by the Walton family, offers a range of financial services, including mortgage loans and deposits. Arvest has grown through acquisitions, such as Bear State Financial in 2018, with total assets exceeding $26 billion.
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