This week's Mortgage Fun: Buyer Fatigue, Rates AND-Wine

Mortgage and Lending with CMG Home Loans NMLS 248937

Buyer Fatigue: Our buyers have not had it easy in this market and they are tired. We need to keep them engaged and optimistic. (I think we may even have some agent Fatigue as well?)

  • While inventory is not great, it is improving. 
  • Bidding wars still exist but not to the extent they were last year. 
  • Buyers: It is still a good time to buy, especially with the big increase in rent payments we have been seeing.
  • Agents: Use the tools we have available - There is a true cost to waiting. Reach back out to your tired buyers and reconnect

With news overload and a difficult market there is less competition, while still a seller's market it is becoming more friendly to buyers and every forecast is still showing home prices increasing for years to come.

Rates, Inflation, etc… Fed Chair Powell spooked the market last week saying they are focused on bringing inflation down…. “curbing inflation will cause pain.” Equities and credit markets are still digesting, and we have had a few bad days straight with mortgage rates noticeably higher in the past few days… That being said- The yield curve is still inverted which is a sign of lower rates in the future. With higher rates today, buying is still more affordable than most people think with an added bonus – a strong likelihood that you can lower your payment in a year or two with a refi while still building equity. 

WINE Apps: While I am a member of quite a few Winery Clubs, you always need a Guilt Free Wednesday Night bottle, don’t you? I use WTSO. (Wine Til It’s Sold Out) you’ll see lower priced bottles starting as low as 10 bucks on up, and free shipping on 4 bottles of the lower priced wine. I’ve stumbled across some gems here. Just read the reviews before you buy, after all, who knows your tastes better than you? I lean towards James Suckling and Wine Enthusiast reviews and not just the number, but the actual tasting notes. Look for it in the app store.    Next time, a little bit of Bordeaux….

Please keep me in mind for your next deal, I’ll do my best to make it as easy as possible so you can stay productive. 



Robert Rauf 
Mortgage Loan Originator NMLS# 248937 
or my blog: 
Office: (732)908-4868  Cell (732)740-0175

Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit or for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, 

Comments (4)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:


Enjoyed your blog page, and I added you as a friend. I would love the follow back. Thanks Bill

Aug 30, 2022 11:54 AM
Robert Rauf
CMG Home Loans - Toms River, NJ

Bill Salvatore - East Valley  Much Appreciated  Thanks for stopping by... 

Aug 31, 2022 01:57 PM
Roy Kelley
Retired - Gaithersburg, MD

This is good information to share.

Have a great day and a very productive week.

Sep 01, 2022 03:01 AM
Robert Rauf
CMG Home Loans - Toms River, NJ

Roy Kelley I hope you have a GREAT week as well!

Sep 01, 2022 08:45 AM