{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/7e97f187115f4de9856c0e37bfc13dbd\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/7e97f187115f4de9856c0e37bfc13dbd-ed362d8636f41290.gif","duration":201.152,"title":"Mortgage Rates Update, Opportunities for Buyers","description":"This Loom provides a market update on mortgage-backed security prices and current mortgage rate expectations. It explains that bond prices are at the lowest levels since about October 2023, when rates were in the mid-sevens and briefly hit the 8 percent range, while rates are currently hovering around seven and a quarter percent. The speaker cautions that advertised online rates are not necessarily what buyers obtain, because negotiations include seller credits to lower the rate. They note there are opportunities for both buyers and sellers due to increased pricing and credit negotiations, and mention their team is offering free one zero lender paid buydowns to buyers when rates are effectively 1 percent below market rate."}