Recent global news has caused significant market volatility, leading to fluctuations in interest rates. Several factors will influence rates leading up to the mid-September Fed meeting, including upcoming inflation news and two more employment reports. Market expectations regarding the Fed's rate decisions will already be built into the market by mid-September, impacting rates accordingly.

In the latest update regarding the NAR Settlement and it's effects, we have great news for first-time buyers; Fannie Mae, Freddie Mac, and FHA have now confirmed that seller paid commissions will not be counted into the maximum allowed for interested party contributions. We are still awaiting key details from the VA, and will remain diligent as new information unfolds.

Despite initial confusion, buyers' agents can still receive compensation from sellers, commission just can’t be offered through the MLS. Ensuring all parties are well-represented will be crucial to smoother transactions in this new market.

We're looking for an experienced Marketing Manager s great at developing project timelines, strategizing creative campaigns and crafting mortgage-based copy and messaging.

Today we're dismantling the misconceptions on mortgage insurance and sharing more about how it can be a tool that accelerates a buyer's ability to purchase and own home. Mortgage insurance is a type of insurance typically required by lenders when a borrower puts down less than 20% of the home's purchase price. It's usually paid as a monthly premium that's added to the borrower's mortgage payment.

Interest rates remain the same as inflation data came in as expected earlier today. Rates are still in that high 6, low 7% range. Buyers, be prepared with a pre-approval so you can act quickly when you find the right home.

When there's uncertainty, the best thing for a homebuyer to do is be prepared and ready. With many varying projections about mortgage interest rates, the smartest move is to be proactive and get pre-approved, so buyers can act fast.

Yesterday’s Consumer Price Index Results Were Slightly Lower Than Expected. With the Overall CPI at 3%, we've seen rates come down yesterday and it's trending that way today, too. Great news for housing!

Rates are in the Upper-6s As We Move into a Busy Weekend of Open Houses.

Fannie Mae Shares Results Ranking Important Factors of Living "The Good Life.” 3 of the top 6 factors are housing-related in what participants found to be important when considering the life they'd like to have. The dream of homeownership continues to be strong. Begin your journey by getting pre-approved. Homebuyers, we can help!

The jobs report came out this morning. The number of jobs in this week's report blew away expectations. mortgage rates are pretty neutral from the news. Housing inventory is still slightly down, but home buyer demand is strong.

“Not So Great News" Can Be Good News for the Mortgage Industry and Interest Rates. Economy is slowing, inflation is steady-to-down, flight to quality continues... helping rates tick down.

The Fed Raised Short-Term Rates by a Quarter of a Point – Good News for Long-Term Rates. Yesterday on Wednesday, May 3rd, the Fed raised short-term rates by a quarter of a point. It was pretty expected that this was going to happen. With that, came what we call a "flight to quality."

These changes will be effective for lenders on May 1st, 2023. They will not have an impact on any rates quoted in the last 30 to 45 days.

Good news for home buyers and sellers – as we anticipate inflation to continue decreasing, long-term interest rates will follow suit.

If you are thinking about selling your home within the next 60 to 90 days, inventory is at an extreme low. The lower the supply, the higher the demand. SELLERS, you can get a great price right now. Don't wait – get your house on the market as soon as possible. Buyer demand is very strong.

Over the last week and over the weekend, a lot has happened in the banking world. This has decreased long-term interest rates for new locks for borrowers that are locking in their interest rates today.

We help first-time homebuyers access a variety of program options for their home purchase, including down payment assistance.

Next Tuesday, February 28, 2023 from 6-7 pm, we are hosting a First-time Buyer Get Mortgage Ready class on Zoom. This webinar is for all real estate agents and first-time buyers. We’ll be covering information about MSHDA, FHA, 3% Down Conventional programs and more.

Home buyers, our message today is to stay focused on what you want. Interest rates change every day and it shouldn't alter what your end goal is. First-time buyers, now is the time to start building generational wealth. There's always ups and downs in the market with interest rates and home values, but history tells us that housing is the best way to build wealth.