The Accunet Mortgage and Realty show is sponsored by Accunet, mortgage and equal housing lender and[inaudible] and Accunet Realty advisors, which is a separate company from, but still affiliated with Accunet mortgage.
Speaker 2:Welcome to the Accunet mortgage and real to show getting you inside information on buying, selling, and financing your home with expert advice from Accunet mortgage and Realty. And now here's Brian and David Wickert.
Brian:Hello. Welcome to the Accunet mortgage and Realty show May 16th edition. I'm Brian Wickert, Majority owner of Accunet mortgage hand that can it Realty advisors along with my son, David, who is the chief client experience officer at Accunet mortgage. If you've got a question or comment, you can text us or call the Accunet mortgage talk and text line that's(855) 616-1620. And remember, you can also grab a podcast of today's show wherever you get your podcasts. All right, David. Well, the big news item in the financial markets this week, breathlessly was the consumer price index, which attempts to measure inflation at the consumer level. And David, what was the headline number
Speaker 3:That, uh, the consumer, uh, price index Rose by cleanse sheer chest 4.2% in April compared to the year before 4.2%
Brian:And the news release from what agency puts out the consumer price index. David, did you look that up?
Speaker 3:I looked at your notes. It's the Bureau of labor statistics. It's the same agency that puts out the jobs report on the first Friday of every month. The BLS. Yeah,
Brian:I, I didn't realize that it was the same agency for both that there are busy people over there. So the other thing that they put in their news release, the biggest increase since September, 2008. And what happened stock market index has plunged 2%, which is a big move in one day. And this all happened on Wednesday, by the way, but by the end of the week, they recovered all those losses. Okay. That was nice. Whoa, why did they plunge allegedly B? Well, the reality is that inflation price inflation is in fact, the enemy of interest rates. All right. So, you know, if you've got inflation running at 4% and you're lending people money at 3% over, you know, 30 years you're losing money. Okay. So you got to have that interest rate higher than the rate of inflation. The good news is the federal reserve says, we think this is just transitory, which is a fancy name for temporary. We don't think this inflation is going to last. Um, by the way, interest rates did hop up about one eighth of 1% on Wednesday when it comes to both the ten-year treasury and mortgages. And they essentially came back down by the way, one eighth of 1% on a$250,000, 30 year fixed rate loan amounts to, are you ready? 18 bucks a month in monthly payment. Yeah. So this is not a crisis. However, a curious person might ask what, what David might've curious person asked about the April CPI, consumer price index report.
Speaker 3:It's not, I don't want to say that all of 20, 20, we could throw it out the window, but comparing anything to 2020 is hard. So you made a note it's like let's compare to normal versus normal. So 20, 21 versus 2019, how does normal versus normal look?
Brian:Yeah. Okay. So I had dug into this a little bit, a little wonky here, but you know what, that's why people tune into the acronym, mortgage and Realty show to kind of look behind the headlines and see what's really going on because 4.2% inflation is scary, right? And so it turns out though that in April of 2020, what was happening the lockdown. And so consumer prices actually fell almost a full percent last April. So we're comparing this April to a dip. And when you, I did the math on this, um, it really was, we're really only up 3.4%, not 4.2. If you compare prices to two years ago, that's a lot less scary. Also our human brains want to simplify everything and we think, well, the price of everything went up 4.2% righteous. Like when we say the median sales price, you know, went up 10%. Well, that must mean my house. Maybe, maybe not. So check this little bit of detail out before we get on to telling you what really happened to mortgage rates, food prices. If you consume them at home only went up 1.2%. Medical services only went up 2.2 shelter. And this seemed low to me was only up 2.1% compared to a year ago, energy. It turns out according to the news release was the big stinker up a whopping 25% with gasoline up 49% compared to April of a year ago. But again, gas prices dipped a year ago because nobody was driving their cars. So really energy prices and gas prices were only up 2.2%. So the takeaway is that you always got to ask yourself when you're hearing, uh, a news story compared to what? So this inflation report wasn't as bad as it first appeared. Maybe the markets realize this, all that said, though, please remember that all the big people with, uh, all the big mortgage players with economists are forecasting, that interest rates are going to go up as the year goes on. Let's give you a update on where mortgage rates ended. The week when we come back, you're listening to the Accunet mortgage and Realty show on am six 20 WTMJ
Speaker 2:Home buying advice from the guys who know at best, this is the Accunet mortgage and Realty show with Brian Wichert on WTMJ. All right, let's talk about
Brian:Where mortgage rates are in the context of where all the big players who have teams of economists say they are headed. So the mortgage bankers association, uh, when they came out with their April, uh, updated forecast, they're going to be due for another one here. Before the end of the month, they were predicting that the 30 year fixed rate David was going to rise to an average of 3.4% in the second quarter, which ends in June. So we are now officially halfway through the quarter being at the mid point of may. And I think that forecast is going to be untrue or going to be wrong. I guess economic forecasters are only here to make weather forecasters look good, maybe yes, a hundred percent true. Uh, the MBA is thinking 3.6%, uh, by August and 3.7% of the 30 year fixed rate by the end of the year. And then they see it climbing to 3.9 at the beginning of 2020 and all the way up to 4.5 by the end of 2022. So that's not good. Uh, Fannie Mae has the rate going to 3.4 by the end of the year and then 3.6 by the end of 2022. So they're a lot more optimistic than the mortgage bankers association. All right. In the meantime, here's what our rates really are folks on a$250,000, 30 year fixed rate mortgage to buy a home because remember, there's now a difference between buying a home and let's add throw in there buying a primary residence. If you have 25% equity and all the other rights stuff, you can snag 2.9, 9% with no points in just$1,234 of loan costs. That's if we need an appraisal, uh, the APR would be 3.006. Now, if you're buying a vacation home, and this is a new thing, uh, instead of a primary rate, uh, residence, if you still wanted to snag that 2.99 rate, you would have to pay 1% of the loan amount or an extra$2,500. In addition to the$1,234 making the APR 3.08. Now somebody asked me just the other day, have we seen any impact on the appetite for buying second homes, given that the rates or closing costs are now higher? Did you ever have an eight ball as a kid, David, or is that just a baby boomer thing,
Speaker 3:More your era than my era? All right. Well,
Brian:To ask the eight ball questions and then, you know, it would give you the answer and decidedly not is one of the answers that the eight ball would give. If somebody is buying a vacation home that extra$2,500 in closing costs, or the other thing you could do is accept the rate. That's a quarter percent higher, which is about 36 bucks a month on a$250,000 loan. Then ain't even a speed bump. No, for somebody who wants a vacation home, all right, back to their quick rate summary on it. If you're looking to refi, remember now the purchase money rates, the ones that get quoted in the media every week from Freddie Mac, if you want to refinance your primary residence and get no more than$2,000 of cash back, and you still have 25% equity, and there is no second mortgage to no home equity line of credit, that's what we mean by all the right stuff. You can get the 2.9, 9% 30 year fixed rate, but you'd have to pay$2,172 of loan costs. Um, and the pairs 3.03, you could take 3.12, 5% and only have 734 bucks in cost, a 20 year fixed rate, uh, down to 2.8, seven five with a 2.9, two APR and the 15 year fixed rate hanging in there a 2.5% with no points, regular closing costs of$1,234. Um, by the way, if you want to take cash out, that's yet a different rate. So when somebody calls up and asks a mortgage can be, Hey, what's your rate? It's more complicated. Yeah. It depends on, you know, are you going to limit it? Are you going to, is it a vacation home? You know, what, what kind of loan do you want? Are you taking cash out? Are you buying? So it's a multifaceted, uh, equation. Meanwhile,
Speaker 3:While I was going, I was just going to say that you, so a couple of weeks ago when the Freddy survey came out and there was this nice little dip in rates, we had sent out an email to all of our past customers on second chance, refinance. I'm not saying the door is closing, but for all the procrastinators or gamblers out there, I would rather, we get that refinance opportunity locked in now than hope because if the mortgage bankers association or Fannie Mae is right, the door is closing. It's just a matter of how fast is it closing? Let's not leave your fingers stuck
Brian:Again. They're in the, in the door. And, you know, I was copied on an email to a customer who we helped, uh, do a cash out refinance last fall at a rate of 3.375, and looking to refi. Now, let's talk about that because I think it's emblematic of a lot of people's situation. When we come back, you're listening to the Accunet mortgage and Realty show on Wisconsin's radio station am six 20. WTMJ
Speaker 2:Getting you into the home of your dreams. Here's more of an Accunet mortgage and wheel to show with Brian Walker on TMJ.
Brian:Well, we've had this multiple time past customer who we help do a cash out refinance in the fall at a rate of 3.375 with very little, I think I didn't have time to look it up, but I think it was a no loan cost deal. And our rationale at the time was, Hey, you know what? After six months the, um, what's the word I'm looking for? Emblem moniker, the, the cash out refinance loan pricing stain goes away, which is stupid, right? It's like, Oh really? This was a risky loan, but now six months later, you refinance it again. That's less risky. It's just dumb folks, but it's the way it is. It's a way for Fannie Mae and Freddie Mac to grab more dollars. Anyway, we will with the no cost option in the fall, because Hey, if rates are the same, we're going to be able to lower your rate. Like maybe down to 2.99. And so we sent out some quotes and I was copied on the email and, and the borrowers are probably like, you know, I really think I want, I only want to do this. If I can like get down to two and a half. And it's like, well, that bus has left the station. In fact, that bus was never at the station, despite what you might see on your Facebook feed, or, you know, get a crazy email from, you know, lending tree or something two and a half on a 30 year fixed rate with no points ain't happening. And so we got to get back with her on Monday. And I think recalibrate that we I'm sent her an email. Now. I said, you know what, you're I get it? You would like a home run. Yeah. But, uh, we're maybe gonna get you a single or a double here, you know, maybe we're going to be able to shave some years off your loan and help you, you know, accumulate equity faster. Go ahead, dude.
Speaker 3:Well, I was just gonna, I was going to ask because I had seen those same numbers and I thought, you know, uh, maybe why were you giving into that Midwestern part in all of us? Cause you won, you showed the 15 year fixed, which is gonna get her maybe that lower rate. But, but, well, the only savings is really vegetables. Like, Hey, you're going to save on interest. Your payment's going to go up. It's like, or if we can lower your minimum mandatory payment, as you say on the third year, that's like chocolate and that's the best. So are you just trying to like show like, okay, well here it is. But like, there's really the 30, as I like to say, you can always pay it faster, but you can't pay slower. So you can always pay foreclosure, right? You can always make 30 year into a 15 year on your own. Um, I was just curious, uh, kind of cause econ,
Brian:I want to meet, I wanted to meet her where she was, which was like, I have gotten emails about two and a half percent. I'm like, well here is a two and a half percent option is called a 15 year. And, and sometimes it just takes that clarification because that was helpful to her because she saw that that payment was probably six or$700 more per month than her 30 year fixed rate. And so when she emailed back on Saturday, you know, that that helped her. Cause she said, I don't want my payment to go up that much. I am looking for, she made it very clear monthly payment savings. Okay. So now it's our job to come back to her and say, all right, well, let's show you some options for monthly payments savings at, you know, at the lowest possible. Or frankly, at this point in the interest rate cycle, it might be time for her to, um, pay some closing costs. You know, because if you do pay 1500 bucks in closing costs or$2,000 and it saves you, you know, 70 bucks a month and you're going to be in the house for 10 years, I've done this calculation for people. That's a heck of a return on investment. You know, you just kind of, you know, we're used to doing no cost reifies for people that are slam dunks, but in this case it might be a little bit longer return on investment. Uh, but when you are at this point in the cycle where rates are highly unlikely to come down and everybody is saying, they're going up. The other thing I've been saying,
Speaker 3:Your prediction is like, I hope your prediction is like the mortgage bankers association. It is the opposite then where, you know, you say rates are going to go up and they're going to come back down. That's fine by me. I'm sorry.
Brian:The federal reserve is buying$6 billion of mortgages every day, five to$6 billion every day to keep mortgage rates artificially low. And so as the economy continues to heal, they're not going to have to do that anymore. And when they remove that, uh, artificial support for low mortgage rates, naturally you think the mortgage rates are going to creep up. So anyway, so our advice is going to be, Hey, let's look at a single or a double, even though we can't get you a home run right now, it's time for the news. And we're going to turn it over to the 24 hour news desk.
Speaker 4:Don't break the bank to get into a house back to the Accunet mortgage and Realty show with Brian Winters on delegated to MJ.
Brian:All right. And we're back here. Is that a little date? Matthews Dave.
Speaker 4:Oh yeah. Grace street. I appreciate that. All
Brian:Right. Are you going to, uh, I'm going to go see you.
Speaker 3:Uh, we'll see. I've seen him so many times, but it's all good.
Brian:All right. So I we've talked about this before and I had an epiphany on Friday. I was talking with one of the top real estate agents in Waukesha County about market conditions. And what is it taking to write a winning offer? Because we're working with one of her buyers and they had a, what they thought might be a hot prospect that they might want to write an offer on. And she was telling me that even up into the$800,000 price range, it is a hyper competitive market. And David, you said you just read me something while we were on break about a report from Redfin.
Speaker 3:Yeah. Redfin. Well, we've, we've referenced this report before they do a monthly home buyer competition report month by month. And so they reported that in the month of April, this is nationwide. So, you know, painting with a broad brush, 72% of listings received multiple bids in the month of April. So three of all four homes would get more than one offer. Uh, and as you noted, in your example, it doesn't seem to be discriminating on price point a all the way up to, as we might say, two commas, even up to a million dollars.
Brian:So two comments. Um, so, so what she's saying, and what she's seeing is that the winning offers, uh, almost always do not have an appraisal contingency, okay. Saying, I will offer you X thousands of dollars more than, yeah, you will.
Speaker 3:What did football coaches throw when they want to cha challenge? Because the red flag, the red flag, because it might not be an explicit appraisal contingency, but as we've noted, there's an implied appraisal contingency. If they're getting financing,
Brian:We don't add is we don't correct. And so this was the epiphany that, uh, in this conversation, you know, my light bulb went on is that she was of the belief that the only means for a buyer to deal with in appraisal that's lower than the accepted offer price is to bring more money to closing, however, it's, Hey, I'm going to, I'm going to put 20% down. And if the appraisal comes in, you know, let's just say I'm a$400,000 house. I'm going to bring 80 grand for a down payment. Then if it comes in at a, you know, three 80 instead, I can now have to bring a hundred thousand ladies and gentlemen, real estate agents listening to this show, home buyers everywhere. That is not true. That is not the only cure. Uh, David, do you want to explain what the other cure is?
David:Well, so, uh, the, the way that out here, you tell me if you like this. So as you've, and we've been telling stories, Hey, let's show that you can put 10% down and in a perfect world, all of that is going to go toward the equity in your home. Hey, you know, you, you put 10% down, but what you've been working with buyers and agents on is to understand, okay, if the appraisal comes in low, we're kinda going, gonna slice the total funds that you have in now into two buckets. Hey, maybe now, in order to bridge the gap between the purchase price and the lower appraised value, I got to use 7% of my funds to bridge that gap. And then the 3% I get to put toward the equity in my home. And[inaudible]
Brian:All right, I'm going to say it's simpler. So, because in this example of the person, the buyer who was working with this particular agent, we S they were actually looking at a 400,000 on home with 10% down, which would require them with money to set up the new tax escrow account and all the other stuff to bring$45,500 would be their total funds needed to buy. We can still approve that loan and have them bring$44,000 to closing. The difference is that their monthly mortgage payment are you ready is going to be$34 higher. So absolutely no difference in the cash needed to close. The difference comes, I'm keeping the loan amount, the same. It's simply going to get priced in the mortgage world as a 5% down loan now, instead of 10, because mortgage lenders based the down payment and the risk on the lower of the purchase price or the appraised value. And so this example of no, we're just going to change the financing terms and your payment. Oh yeah. It's going to be$34 a month. Instead of you thinking you have to bring another 20 grand to the party because it can't, you know, I had appraised out at three 80 instead of 400,000. So folks, if you want to work with a mortgage lender that really helps you understand all your options and for goodness sake, real estate agents, let us help educate your buyers as to their real options. And then put together that offer and the rock solid guaranteed pre-approval to go with it so that you win. There's more than one way to win. Let us help you. Our, when we come back, I actually got a couple more stories on this very topic. You're listening to the Accunet mortgage and Realty show on am six 20. WTMJ
Speaker 4:Find a place to call home without the headache. This is the accunet mortgage and Realty show with Brian W on WTMJ. All right, Imma bring two topics together here. From last week, we were telling a story about a relative of ours, David, who was in bed, uh, what were we calling it last week
Brian:Off market gray market, the gray, the gray market, where they're not listed. They don't even have a sign. It's just, you know, they're telling people, Hey, you know, we're going to be selling our house. And then it's a word of mouth. That's what you call it, the word of mouth market. And you know, somebody says, well, I know somebody who's buying and what do you know? They put a deal together. So there's actually an offer on the table. Uh, then that I took a look at, on behalf of our relative. And so this isn't good because you know, they wanted to string out the closing. Well, you ask relative for a very simple thing. Can we see the pre-approval letter that matches your offer please? And then it unwound from there, it sounds like right. Well, the S that, that was a problem because they were, um, they didn't line up. I think the original offer had 20% down. And then when we asked the for the pre-approval letter, Shizam it had only 10% down. Um, and so a good listing agent, which they didn't have, right? Cause they were for sale by owner. A good listing agent would always say, Hey, show me the financing letter that matches the offer. Uh, but then the other thing that came into play was they wanted the relative to pay for the buyer's agency fee of$5,000. And I said, well, no problem. We'll just add that on to the purchase price. Instead of paying you two 50, we'll pay a two 55. Okay. But then they had an appraisal contingency. So what if the appraisal comes in at two 50? Well, now our good relative would only get two 45 because they agreed to,
Speaker 3:Well then our relative to that cost, because it's not getting absorbed anymore into the, uh, higher purchase price.
Brian:That is correct. And so this all fell apart because the home buyer I'm at, I never talked to the home buyer, but I'm quite sure that they were laboring under the same misunderstanding that the only way to pull this off, if the appraisal came in low was to bring more money to the closing table. And the answer is no. Instead of putting, you know, you bring the same amount of money that you were going to bring. You're just going to have to pay a little bit more for private mortgage insurance. That's all.
Speaker 3:Well, what, what we'll never know is, is the 10% on the preapproval was that even a little bit rickety, she goes well, because what is it as you've noted? What is key in being able to absorb perhaps a low value is you have to start with cushion, let's say 10% down. If then you can't start at the minimum, because if you, if you're only putting the 3% down, there's no more wiggle room. That is the minimum down payment.
Brian:So let's clarify that the minimum down payment for first time, home buyers with loan amounts up to$548,250 is 3%. And the definition of a first time home buyers, if there's more than one home buyer, well, you know, if it's a couple buy, one of them must not have owned a home in the prior three years to, uh, is it applying to him? And I'm going to say applying, sure. Then you're a first time home buyer. Okay. And you can put 3% down and you have to qualify for that. And if that's the case, you have no appraisal wiggle room. And I think most real estate agents are savvy to that. That if, if a person putting 3% down says, and I have no appraisal contingency, well, no. Yeah, they do because they're putting the minimum down. If you are a move, if you're a repeat home buyer, if you've owned a home in the prior three years, then the minimum down payment is 5% for a Fannie Mae loan. It's three and a half percent for an FAA. Um, but it's, it's, you know, generally people like 5% down on a Fannie Mae loan. So again, the rule is to be starting, as you said, David, with at least 10% down, because then you have a nice amount of wiggle room and we have to make sure they qualify, um, with the lesser down payment, from a mortgage lending perspective. So again, the plea here is that the mortgage practitioners at Accunet understand these details and can help your buyers. If you are a buyer or if you're a real estate agent working with buyers, let's help them understand let's expand their horizons and their ability to win offers. All right, when we come back, I've got a second home, uh, purchase story where there weren't any competing offers. So let's talk a little bit about that. When we come back, you're listening to the Accunet mortgage and Realty show on the biggest stick in the state am six 20 WTMJ
Speaker 4:TMJ W2, 77 CV and WK T I HD to Milwaukee from the annex wealth management studio. This is news radio WTMJ expert advice on buying a home. Here's more of the Accunet mortgage and real to show with Brian Wickert on delegate TMJ Sunday, I'm gonna look up and see what this means. 25 or 16 core. I really don't know what it means student. Well, all right, he's Googling it now. Okay. So, um, got a client who we helped
Brian:Buy a second home in Florida last September. And then what happened was somebody doorbell them thing dong on their Wisconsin home and said, we would like to buy your house. And they said, okay, because it was a really aggressive offer with no contingencies and all that good stuff. So they sold their place in Wisconsin. And then I got a call from him on Friday saying, Hey, we got an accepted offer on a Lake home in Wisconsin. And I made the mistake of quoting them primary residence rates because I forgot that they were now Florida residents, which is awesome. Why is it awesome to be a Florida resident David,
Speaker 4:No state income tax
Brian:That's right. No state income tax. And so I realized that short, I said, um, did you officially achieve Florida residency? Oh yeah, we did great. And I was like, Oh, bummer on this new second home. Now, the rate's not going to be quite as good. It's still fine. And it's not going to slow them down as we said earlier. But the point I want to make with this story is it's a different market where they bought, it's not in Lake country, uh, Southeastern Wisconsin in Waukesha County, it's in Manitowoc County. And so this property, the sellers had already lowered the price by 25,000 and then our successful came in and offered them 55,$55,000. Less than that.
Speaker 3:And this property was North of a half million dollars probably.
Brian:Yes, yes, yes, yes. Yeah. Yeah. So, uh, but you know, here's the thing again, in talking with my good client, it's like, you're making that a cash offer because he literally has the cash to do it. Okay. And, and then we'll come back and we'll put a mortgage on it. Do you know, before you closed and that's perfectly allowable is preprinted and the Wisconsin WB 11 offered a purchase form. It says, even though the buyer is making this a cash offer, they still have the right to put a mortgage on this property. They're just not checking the box that says, Oh, if I can't get approved, then I, I can get out of the deal. Right. So they wrote the cash offer. They did actually to my surprise, check the box for appraisal contingency, but they gave 10% wiggle room. So quite a bit of wiggle room on the appraisal. And then they did succeed in, uh, checking the box for a home inspection as well. But again, there's no competition on this house. They were the only offer and the house had been on the market, I think for 40 days. So not every property is getting multiple offers on day five. Okay. And, and so from this seller's point of view, this was a highly certain offer. They probably hadn't gotten any other offers at the prices they were asking. And so this was their opportunity to go, boom, all right, let's get this done. And the offer's been accepted. So we're going w
Speaker 3:Well, I was just going to say what's interesting is so, because we kind of saw this phenomena was this last year that some Chicago buyers were scooping up homes in Lake, uh, Lake country in Waukesha County for this, or yeah. Or retirement. And so now, so they were able to expand their geographic search, you know, second home shoppers in Chicago. And now either depending upon price, or maybe how much you get, uh, or how far your dollar goes and, or competition Milwaukee buyers can, and probably will continue to, you know, broaden their geographic, uh, search, you know, to include Manitowoc County or Sheboygan County or Jefferson County, or cause you don't need necessarily to be in Waukesha County. The water is wet in Manitowoc County as so. Right.
Brian:And it's a beautiful Lake and yeah, beautiful view. Um, the, uh, you know, as you pointed out, we have a new coworker, relatively new coworker who just bought a home in Waupaun and why, because we allow remote working. And so, because you don't have to come to world headquarters to at Accunet mortgage and Waukesha, uh, that is, that is possible. Um, and so this particular, uh, second home buyer is retired so they can live wherever they want. You know,
Speaker 3:It all depends upon life situation, right? If you're retired, you can buy that house in Florida because you can pipe in remote or you can be, you know, an hour outside the city because you don't have to bomb into work every day, uh, commuting back and forth. So it's all situational.
Brian:I did read just recently. I don't remember where I read it, but, um, 23% of, I don't know if this was millennials or workers at middle say in, in general, said that if their employer made them come back into the office, now they'd find another job
Speaker 3:23%. Hmm.
Brian:That's pretty high. Um, so people have had a taste of the remote working and, uh, I think they liked the taste, which is fine. All right. So, uh, what did we learn? Rates are still low, but we had a little bit of a scare. Uh, when the inflation number came out, everybody clutch, clutch their chest. We, we dug into that a little bit at the top of the show to say, you know what? It really wasn't as bad as the headline numbers seem because they were comparing it to April of 2020, which was in the midst of the lockdown. And so rates ended the week where they started basically really, really good. And so there is still time to save money with a refi with home prices, as high as they are. You probably can drop a, reduce the cost of your PMI. And most importantly, if you are a home shopper or know someone who is, please, please, please let Accunet join the team and of the home buying team and get them set up with a rock solid guaranteed pre-approval to buy that's all the time we have for today's show. We'll see you next week. You've been listening to the Accunet mortgage and Realty show on am six 20 WTMJ. The proceeding was a paid program. Advice and opinions expressed during the Accunet mortgage and Realty show are solely that of the hosts or guests of Accunet mortgage and Accunet Realty advisors and not WTMJ radio or good karma brands, Milwaukee LLC.