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๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿญ๐Ÿฒ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘
Mortgage rates improved last week after hitting some of the highest rates seen since 2018 the previous week. Last week's inflation data showed inflation is still a problem, but was slightly better than the previous month.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ต๐—ผ๐—น๐—ฑ ๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ๐˜†, ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฝ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐Ÿ‘
Mortgage rates should continue to stabilize this week, meaning that we shouldn't see rates continue to creep higher week after week as we have seen through most of 2022. Markets have already priced in the next couple of expected half point Fed rate hikes in June and July, giving mortgage rates a chance to settle down. It is unlikely we see rates drop significantly from here, and although rates may fluctuate up and down a bit like normal we don't appear to be at risk of rapidly rising rates this week.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Economic data: This week's economic data includes retail sales and housing reports, but shouldn't affect rates for the week.
- Fed rate hikes: The Fed is expected to raise rates at the next couple of meetings, but comments by Fed officials have markets anticipating half point rate hikes which have already been accounted for. If something changes here, it could affect rates.

#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
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๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿญ๐Ÿฒ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘ 
Mortgage rates improved last week after hitting some of the highest rates seen since 2018 the previous week. Last weeks inflation data showed inflation is still a problem, but was slightly better than the previous month.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ต๐—ผ๐—น๐—ฑ ๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ๐˜†, ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฝ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐Ÿ‘ 
Mortgage rates should continue to stabilize this week, meaning that we shouldnt see rates continue to creep higher week after week as we have seen through most of 2022. Markets have already priced in the next couple of expected half point Fed rate hikes in June and July, giving mortgage rates a chance to settle down. It is unlikely we see rates drop significantly from here, and although rates may fluctuate up and down a bit like normal we dont appear to be at risk of rapidly rising rates this week.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Economic data: This weeks economic data includes retail sales and housing reports, but shouldnt affect rates for the week.
- Fed rate hikes: The Fed is expected to raise rates at the next couple of meetings, but comments by Fed officials have markets anticipating half point rate hikes which have already been accounted for. If something changes here, it could affect rates.

#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
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๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿต, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘Ž
Average mortgage rates moved higher last week as markets adjusted to the Fed's half point rate increase and Fed Chair Jerome Powell's press conference. It is important to note that although the Fed's actions and comments did lead to rates creeping higher, the Fed does not set mortgage rates and mortgage rates did not move a half point higher.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฑ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ป๐˜ ๐—ผ๐—ป ๐—ถ๐—ป๐—ณ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฑ๐—ฎ๐˜๐—ฎ ๐Ÿค”
Although the overall trend is for rates to creep higher, we could see rates improve a little bit as long as we don't get a negative reaction to this week's inflation data. However, if the reaction is negative, rates could worsen slightly.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Economic data: A quiet week for data, but Wednesday's consumer inflation data and to a lesser extent Thursday's wholesale inflation data could affect rates this week.
- China shutdowns: China's lockdowns continue, causing concerns that supply chain interruptions could once again contribute to higher inflation, which is not good for rates.
- Fed speakers: Markets are listening to Fed officials' comments, looking for clues on the Fed's intended actions. It is possible we could see comments that help or pressure rates this week.

#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
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๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿต, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘Ž 
Average mortgage rates moved higher last week as markets adjusted to the Feds half point rate increase and Fed Chair Jerome Powells press conference. It is important to note that although the Feds actions and comments did lead to rates creeping higher, the Fed does not set mortgage rates and mortgage rates did not move a half point higher.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฑ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ป๐˜ ๐—ผ๐—ป ๐—ถ๐—ป๐—ณ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฑ๐—ฎ๐˜๐—ฎ ๐Ÿค” 
Although the overall trend is for rates to creep higher, we could see rates improve a little bit as long as we dont get a negative reaction to this weeks inflation data. However, if the reaction is negative, rates could worsen slightly.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Economic data: A quiet week for data, but Wednesdays consumer inflation data and to a lesser extent Thursdays wholesale inflation data could affect rates this week.
- China shutdowns: Chinas lockdowns continue, causing concerns that supply chain interruptions could once again contribute to higher inflation, which is not good for rates.
- Fed speakers: Markets are listening to Fed officials comments, looking for clues on the Feds intended actions. It is possible we could see comments that help or pressure rates this week.

#mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
Congratulations Jessica R. on your refinance closing and using your credit union mortgage partner, Audra Santos.
To all the moms and mentors out there, thank you for your inspiration and guidance in our lives. Wishing you a well-deserved day of celebration filled with joy and loved ones.  

Happy Mothers Day!

"๐—œ'๐—น๐—น ๐—ป๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—ฑ๐—ผ ๐˜๐—ต๐—ฎ๐˜ ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป!" ๐Ÿ˜ก

That's what I hear from any of my clients that started out by looking online for mortgage rate information, only to have their phone and email blow up with salespeople hounding them and hassling them at all hours of the day.

๐Ÿ‘‰ If you want to learn more about where rates are at, what rates you qualify for, and if buying a home or refinancing makes sense for you... simply contact me at your convenience and save yourself the hassles and headaches. I can give you your options, answer all your questions, and make the process convenient and easy.

๐—š๐—ผ ๐—ฎ๐—ต๐—ฒ๐—ฎ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐——๐—  ๐—บ๐—ฒ, ๐—ฐ๐—ฎ๐—น๐—น ๐—ผ๐—ฟ ๐˜๐—ฒ๐˜…๐˜ ๐—บ๐—ฒ, ๐—ผ๐—ฟ ๐˜€๐—ถ๐—บ๐—ฝ๐—น๐˜† ๐˜€๐—ฒ๐—ป๐—ฑ ๐—บ๐—ฒ ๐—ฎ๐—ป ๐—ฒ๐—บ๐—ฎ๐—ถ๐—น. ๐—œ ๐—น๐—ผ๐—ผ๐—ธ ๐—ณ๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ ๐˜๐—ผ ๐—ต๐—ฒ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜†๐—ผ๐˜‚.
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๐—œ๐—น๐—น ๐—ป๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—ฑ๐—ผ ๐˜๐—ต๐—ฎ๐˜ ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป! ๐Ÿ˜ก

Thats what I hear from any of my clients that started out by looking online for mortgage rate information, only to have their phone and email blow up with salespeople hounding them and hassling them at all hours of the day.

๐Ÿ‘‰ If you want to learn more about where rates are at, what rates you qualify for, and if buying a home or refinancing makes sense for you... simply contact me at your convenience and save yourself the hassles and headaches. I can give you your options, answer all your questions, and make the process convenient and easy.

๐—š๐—ผ ๐—ฎ๐—ต๐—ฒ๐—ฎ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐——๐—  ๐—บ๐—ฒ, ๐—ฐ๐—ฎ๐—น๐—น ๐—ผ๐—ฟ ๐˜๐—ฒ๐˜…๐˜ ๐—บ๐—ฒ, ๐—ผ๐—ฟ ๐˜€๐—ถ๐—บ๐—ฝ๐—น๐˜† ๐˜€๐—ฒ๐—ป๐—ฑ ๐—บ๐—ฒ ๐—ฎ๐—ป ๐—ฒ๐—บ๐—ฎ๐—ถ๐—น. ๐—œ ๐—น๐—ผ๐—ผ๐—ธ ๐—ณ๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ ๐˜๐—ผ ๐—ต๐—ฒ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜†๐—ผ๐˜‚.
Lets TACO-bout mortgages! ๐ŸŒฎ #cincodemayo
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