n New York or New Jersey. But we do a lot of business in those other 48 states. And we’re based in Denver, Colorado. Dave:Great. And Krystle, welcome to the show. Can you tell us a little bit about your background and what you do as a commercial lender? Krystle:Sure. Thanks for having me, Dave. I’m Krystle Moore. I’m a commercial lender. I’ve been in the industry for about 15 years. I’m based in San Diego, California. I work for a company called Commercial Direct. We’re a division of Silver Hill Funding. We’re a direct lender. We lend nationwide. We do all types of commercial loans, multifamily, mixed-use, retail, office, industrial, you name it. We do it. Dave:Great. And Kenny, welcome to the show. Can you tell us a little bit about your background and what you do as a residential lender? Kenny:Yeah. Thanks for having me, Dave. I’m Kenny Simpson. I’m a loan officer. I’ve been in the industry for about 10 years. I’m based in San Diego, California. I work for a company called American Pacific Mortgage. We’re a retail lender. We lend nationwide. We do all types of residential loans, but we specialize in working with investors. Dave:Great. Well, thank you all for being here. I’m really excited to dive into this topic. So let’s start with the big question that’s on everyone’s mind. We know mortgage rates will fall this year, but how long will we have to wait? Will they get down to the fives or stay in the six-percent range? And even if the Fed lowers the federal funds rate, will this significantly impact mortgage rates?

When Will Mortgage Rates Drop and How Low Will They Go? Expert Lenders Weigh In

As we enter the new year, many investors are wondering about the state of mortgage rates and how they will impact their real estate deals. With the Federal Reserve expected to lower the federal funds rate, there is speculation about how this will affect mortgage rates. To get a better understanding of the current lending landscape, we have brought on three elite lenders to share their insights.

Caeli Ridge, president and CEO of Ridge Lending Group, joins us again as our go-to investor-lender combo. Krystle Moore and Kenny Simpson, San Diego-based lenders, are also on the show to give their viewpoints from the small investor and large commercial lens. These lenders will not only discuss when rates will drop, but also how low they could go and why waiting for lower rates may be a riskier decision than you think.

Discover Little-Known Investor Loans and Why Waiting for Lower Rates Could Cost You

In addition to discussing the potential for lower mortgage rates, our lenders will also reveal some little-known investor loans that are currently available. These loans are being utilized by savvy investors to get deals done, even with high interest rates. Our lenders will also provide mathematical proof that rates are not the defining factor of a successful real estate deal. Waiting for a half-percentage drop in rates could actually end up costing you more in the long run.

Commercial Real Estate “Bloodbath” Looming Unless Local Governments Step In

Our lenders will also touch on the commercial real estate market and the potential for a “bloodbath” in one particular sector if local governments do not intervene. This is crucial information for investors to consider when making decisions about their real estate portfolios.

Tune in to Learn More About the State of Lending in 2024

Don’t miss out on this informative and timely discussion about the state of lending in January 2024. Our expert lenders will provide valuable insights and advice for investors looking to navigate the current lending landscape. Click here to listen on Apple Podcasts and stay ahead of the game in the ever-changing world of real estate investing. 

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