Jodi Hall is the President at Nationwide Mortgage Bankers. Her vision is to build a different type of mortgage company driven by culture, powered by technology.
Real estate experts argue over whether rising mortgage rates will keep home prices in check—or make it more expensive to purchase a home.
The Last Week in Mortgage Today Feat. Jodi Hall - September 7, 2022
President looks at whether there are new ways to attract clients
“The looming recession – if we’re not already in it – combined with the Fed’s messaging has put investors into a tailspin, shooting mortgage rates up,” says Jodi Hall, president of Nationwide Mortgage Bankers. “Homebuyers are on an emotional roller coaster.”
Source: "Mortgage Rates Are Closing in on 7%, Putting Homebuyers on an ‘Emotional Roller Coaster’," Next Advisor, September 29, 2022, LINK: https://time.com/nextadvisor/mortgages/mortgage-news/mortgage-rates-near-7/
We are living in an unprecedented housing market. Housing prices will continue to rise because of the shortage of housing, specifically homes for first-time homebuyers.