Mortgage refinancing boom is already happening, says United Wholesale Mortgage CEO

Mat Ishbia, United Wholesale Mortgage CEO and Phoenix Suns owner, joins 'Closing Bell Overtime' to talk if a wave of mortgage refinancing is on the horizon if the Federal Reserve cuts interest rates.

[@AanyaDarika_]

With rates climbing in '23 and our mortgage at 7.5%, what alternatives can maximize savings without an RV move?

[@xavier_lucas]

Affording our mortgage is tough. Considering cashing in, renting, and investing the rest in the stock market.

[@FranciszekPawal]

If you can afford to travel, you should manage the mortgage.

[@xavier_lucas]

We own apartments but won't sell or inflate rents. Being cautious with rising costs.

[@simone_maya]

Consider a fiduciary with mortgage-backed securities knowledge for guidance. Prices today may look like dips tomorrow.

[@xavier_lucas]

I'd enlist a reputable fiduciary. How do I find and vet them? We value fiduciaries and are considering the idea.

[@briani466]

He’s a good salesman.. snake oil

[@eh7599]

Sales pitch

[@brenthazel]

High Energy Mortgage energy!

[@harrisonhardig491]

Vested interest.