Top tips for reducing loan costs: Structured Finance CEO

reveals that home prices in the 20 largest US cities have surged by an average of 7.2% year over year. In light of this increase, Structured Finance Association CEO Michael Bright joins Wealth! to offer insights into how borrowers can potentially reduce their loan burdens.

Our next guest argues that one way to deal with high prices along with high mortgage rates, is to consider securitized loans when purchasing a home here and for more.So, first and foremost as people are trying to digest the latest housing data that's come out this morning.Well, um, securitization is actually something that happens in the back end, So, uh, as a customer, you may or may not even know whether your loan is on a bank balance sheet or it goes into a bond or security.

which is there's a psychological effect just because for so many years, the Federal Reserve have been suppressing those rates and keeping them at around 3 3.5%. Trying to figure out where lower mortgages are, are sometimes available due to securitization or or, you know, even what their down payment consideration should look like.Um, for down payments, you know, we don't you don't need 20% down.So you shouldn't be of the view that if you don't have 20% down, you're you're locked out of the market.

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