Interest rates have dropped for six consecutive weeks and could fall another 50-75 basis points into the high-5% range. Mortgage applications are up 90% year-over-year as spring buying season approaches. The speaker urges notary signing agents to act now while demand surges.
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If you're interested in becoming a notary loan signing agent, if you are a notary loan signing agent, you're going to want to watch this video because of this headline right here. Interest rates have dropped for the sixth straight weeks. My prediction is we will probably go down another 50 basis points, maybe 75. Dare I say we might drop into the high 5% interest rates. I don't know but we will see. All know right now interest rates have have caused mortgage applications to be up 16%. Here's the craziest part of this article. Look. Mortgage applications are 90% higher. This time last year we're up 90%. So we're going into the spring and summer months which are historically the best time to buy homes in America with interest rates that are going down, down, down. It's going to be an unbelievable time to be notaries loan signing agent. But the the question is why? And the answer is simple. The tariffs have caused uncertainty in our economy. The trade war is literally just heating up. Canada retaliated against what we did to them and who knows where it's going to be. But as long as there are uncertainty that's going to drive the stock market down. The treasury yield on that 10 year is going to go down which is going to cause long term interest to go down. And as long as they keep going down in the trouble, I'm going to keep reporting it to you. So if you've been on the fence, let this be the sign that you need to get off. There's not been a better time to be a notary loan signing agent. Right now we're going into the summer sales months, we're going into more economic turmoil, the stock market is going down, interests are going down and for notary loan signing agents that's actually kind of a good thing. We're kind of on the opposite relationship of a good spark market means high interest rates. A bad stock means low interest rates. So if you're on the fence, get off. Comment the word job down below and I'll send you my free five step checklist to get your very first loan signing.
