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Discussions tagged with 'Interest Rates'
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I’m curious how other MLOs are handling content around interest rates.
I was thinking about making a short video showing how a percentage drop in rates could impact monthly payments. For example, comparing the national average rate at its peak vs. now, or running a hypothetical on what payments might look like if rates dropped another half percent on a certain loan amount.
I know talking about rates can get tricky from a compliance standpoint, so I wanted to ask: have any of you made content that included specific rate examples? If so, how did you frame it to stay compliant?
I’d especially love to hear from veteran MLOs who have been navigating this longer and may have tested different approaches.
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