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Interesting. Thank you for sharing.
Free Homebuying Credit Repair Webinar next week-Sign up at We look forward to providing you with tip and tricks to get your credit better. ... See MoreSee Less
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There's more to a home purchase than just rates. Watch the quick video to learn more about market forces that lessen the impact of higher mortgage rates. If you're interested in a purchase now, we have strategies to help. Reach out to learn more. Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
Buying a Home When Rates Have Risen
sf3.tomnx.com
Home ownership offers a sense of security and accomplishment. While rent keeps going up, home ownership gives you a clear picture of what your monthly financial commitment is for housing.Plus, home owners may also get tax benefits while they build equity. If you are interested in buying a new home - or thinking about how to take advantage of the equity you’ve earned - our team has one goal in mind: To help YOU achieve your goals! Give us a call to chat about your current needs. We’re here to help!audra.santos@norcom-usa.com203-526-9345 ... See MoreSee Less
#TipTuesdayDTI is an important factor in qualifying for a mortgage. Contact Audra Santos today for advice on how to qualify for a mortgage.audra.santo@norcom-usa.com203-526-9345 ... See MoreSee Less
🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟯𝟬, 𝟮𝟬𝟮𝟯𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝘄𝗼𝗿𝘀𝗲 👎 Average mortgage rates crept slightly higher last week, but not by much as inflation data came in showing inflation continues to cool.𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️ This week could see rates move a lot day-to-day, and could also set the tone for how rates will move higher or lower from here in coming weeks. Wednesday's Fed meeting and press conference will cause the biggest moves, followed by jobs and wage data on Friday and consumer confidence data on Tuesday. This is a good week to stay in contact with your mortgage professional.🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:- Economic data: A busy week of data that includes consumer confidence as well as jobs and wage reports, all of which could cause some movement for rates this week.- The Fed: The Fed will announce a rate hike on Wednesday expected to be .25%, and will issue its policy statement followed by a press conference by Fed Chair Jerome Powell. Markets have already priced in this rate hike so it won't hurt mortgage rates, but traders will be looking for signs on when the Fed will pause rate hikes and when we may see rate cuts later in the year. Depending on how markets react to these events, we could see rates improve or get worse.#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance ... See MoreSee Less
Happy #MortgageMonday! Today, we want to remind everyone that owning a home is not just a financial investment, but an investment in your future and your family's future. Let us help you make that dream a reality. #HomeOwnershipGoals #MortgageLending #Yourmortgagegirl ... See MoreSee Less
If you're ready to put your money where you live — whether you just want to ask some questions or are ready to make your move — don't hesitate to reach out. I'll be glad to assist in any way I can. Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
If you've been waiting to buy real estate, here's the encouragement you need to act now. We can help by answering questions, introducing you to a real estate agent, or assisting with financing. Just let our team know when you're ready. Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟯, 𝟮𝟬𝟮𝟯𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘄𝗲𝗿𝗲 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 👍 Average mortgage rates improved slightly through the early part of the week, but gave back the gains to end the week basically unchanged. Mortgage rates remain well below the high mark set back in November when most consumers were facing rates in the mid-7s.𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝘄𝗼𝗿𝘀𝗲𝗻 👎 This week could see mortgage rates could creep higher ahead of next week's Fed meeting. Rates aren't likely to make any big moves, but it is possible that rates could be slightly worse to end the week unless they get help from this week's economic data. It is next week's Fed meeting that will have the strongest influence on which direction mortgage rates move next.🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:- Economic data: Housing data this week is unlikely to affect rates, but we will see some other economic data including the PCE inflation report on Friday that could influence rates. None of the data though should be especially bad for mortgage rates.- The Fed: Current mortgage rates are based on the speculation that the Fed policy rate will peak at 4.75% by March. If markets start to believe that the Fed will raise the policy rate higher, based on strong economic data, it will pressure mortgage rates higher.#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance ... See MoreSee Less
... See MoreSee Less
Comment on Facebook
Interesting. Thank you for sharing.
Free Homebuying Credit Repair Webinar next week-Sign up at
We look forward to providing you with tip and tricks to get your credit better. ... See MoreSee Less
This content isn't available right now
When this happens, it's usually because the owner only shared it with a small group of people, changed who can see it or it's been deleted.Comment on Facebook
There's more to a home purchase than just rates. Watch the quick video to learn more about market forces that lessen the impact of higher mortgage rates. If you're interested in a purchase now, we have strategies to help. Reach out to learn more. Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
Buying a Home When Rates Have Risen
sf3.tomnx.com
Market forces can lower the impact of higher rates.Comment on Facebook
Home ownership offers a sense of security and accomplishment. While rent keeps going up, home ownership gives you a clear picture of what your monthly financial commitment is for housing.
Plus, home owners may also get tax benefits while they build equity.
If you are interested in buying a new home - or thinking about how to take advantage of the equity you’ve earned - our team has one goal in mind: To help YOU achieve your goals!
Give us a call to chat about your current needs. We’re here to help!
audra.santos@norcom-usa.com
203-526-9345
... See MoreSee Less
Comment on Facebook
#TipTuesday
DTI is an important factor in qualifying for a mortgage. Contact Audra Santos today for advice on how to qualify for a mortgage.
audra.santo@norcom-usa.com
203-526-9345
... See MoreSee Less
Comment on Facebook
🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟯𝟬, 𝟮𝟬𝟮𝟯
𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝘄𝗼𝗿𝘀𝗲 👎
Average mortgage rates crept slightly higher last week, but not by much as inflation data came in showing inflation continues to cool.
𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
This week could see rates move a lot day-to-day, and could also set the tone for how rates will move higher or lower from here in coming weeks. Wednesday's Fed meeting and press conference will cause the biggest moves, followed by jobs and wage data on Friday and consumer confidence data on Tuesday. This is a good week to stay in contact with your mortgage professional.
🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: A busy week of data that includes consumer confidence as well as jobs and wage reports, all of which could cause some movement for rates this week.
- The Fed: The Fed will announce a rate hike on Wednesday expected to be .25%, and will issue its policy statement followed by a press conference by Fed Chair Jerome Powell. Markets have already priced in this rate hike so it won't hurt mortgage rates, but traders will be looking for signs on when the Fed will pause rate hikes and when we may see rate cuts later in the year. Depending on how markets react to these events, we could see rates improve or get worse.
#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance ... See MoreSee Less
Comment on Facebook
Happy #MortgageMonday! Today, we want to remind everyone that owning a home is not just a financial investment, but an investment in your future and your family's future. Let us help you make that dream a reality.
#HomeOwnershipGoals #MortgageLending #Yourmortgagegirl ... See MoreSee Less
Comment on Facebook
If you're ready to put your money where you live — whether you just want to ask some questions or are ready to make your move — don't hesitate to reach out. I'll be glad to assist in any way I can. Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
Comment on Facebook
If you've been waiting to buy real estate, here's the encouragement you need to act now. We can help by answering questions, introducing you to a real estate agent, or assisting with financing. Just let our team know when you're ready.
Norcom Mortgage is an Equal Housing Lender. ... See MoreSee Less
Comment on Facebook
🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟯, 𝟮𝟬𝟮𝟯
𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘄𝗲𝗿𝗲 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 👍
Average mortgage rates improved slightly through the early part of the week, but gave back the gains to end the week basically unchanged. Mortgage rates remain well below the high mark set back in November when most consumers were facing rates in the mid-7s.
𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝘄𝗼𝗿𝘀𝗲𝗻 👎
This week could see mortgage rates could creep higher ahead of next week's Fed meeting. Rates aren't likely to make any big moves, but it is possible that rates could be slightly worse to end the week unless they get help from this week's economic data. It is next week's Fed meeting that will have the strongest influence on which direction mortgage rates move next.
🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: Housing data this week is unlikely to affect rates, but we will see some other economic data including the PCE inflation report on Friday that could influence rates. None of the data though should be especially bad for mortgage rates.
- The Fed: Current mortgage rates are based on the speculation that the Fed policy rate will peak at 4.75% by March. If markets start to believe that the Fed will raise the policy rate higher, based on strong economic data, it will pressure mortgage rates higher.
#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance ... See MoreSee Less
Comment on Facebook