This is a YouTube video titled "Lowest mortgage interest rates in HISTORY means more loan signings for notary signing agents!!" created in May 2020. The content is a motivational and informational talk encouraging notary public loan signing agents to capitalize on historically low mortgage interest rates and the expected surge in refinancing activity. The speaker provides data from Freddie Mac and Fannie Mae to support the opportunity and urges viewers to invest in marketing and training to maximize their business during this economic downturn.
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Interest rates have never been lower in the history of recorded mortgages. Let me say that one more time. Interest rates just hit the lowest record on recorded history reported by Freddie Mac. I've been telling you that a bad economy equals low interest rates and I've been telling you that low interest rate could equal more refinancing and it's all coming to fruition. I'm going to read you an article and I'm going to post an article below from Housing Wire that states very simply put, the aver US rate for a 30 year fixed rate mortgage fell to 3.23% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. If there's ever been a time to become a notary public loan signing agent or go all in on your business, it is right now. There's going to be more refinances than this industry has seen in the past seven years as predicted. Let me read you another article. Mortgage originations for refinancings may hit a seven year high this quarter as Americans chase the lowest home loan rates ever recorded. Refinance volume will probably total $429 billion, more than double the $180 billion a year ago quarter according to Fannie Mae's forecast. This is the time to go all in on your notary public loan signing agent business. I've been telling you very simply put a bad economy lows low interest rates. It's literally that simple. You're going to be crazy busy coming in the coming months. Once we pull out of this pandemic, it's going to get even busier than it is right now. So what I'm trying to let you know and encourage you and get you excited. We're about to be busy. So go all in on your marketing. Go all in on your studying. If you're still sitting on the fence on trying to become a notary public loan signing agent, Go all in. This is the moment. There's going to be so much business. Are you going to look back at this moment, big man? I wish I would have put more time into marketing because before it got slammed. Because when you get slammed it's not easy to go market new business. Now is the moment to go all in. I am so excited for you. You've chosen to be in the industry that is thriving in a downturn. We are blessed to be in an industry the government props up during a down time. Go all in on your business. Now is the time. I'm excited for you. There's going to be so much business out there for notary public loan signing agents. How much you get of that business that's coming down the pipeline again estimated that $429 billion worth of home loans are going to happen in the next quarter. That was predicted by Fannie Mae. How much of that business are you going to get is going to be determined by what you do right this moment. I'm rooting for you. If there's anything I can ever do to help grow your signing agent business, don't hesitate to reach out. If you like this video, hit like. And if there's any comments or questions that I can do to help build your business, don't don't hesitate to comment below.
