Economic News
The headlines, lately, have been all about the geopolitical tensions with Iran, Inflation, and what Scott Bessent has implemented recently.
Navigating Mortgage Rates
Breaking down the technicalities of today’s market intel to provide clarity and confidence for upcoming closings.
Click the link below for up to date mortgage rates
Market Update:
Week of 08/31/2026
With tensions rising in the middle east, mortgage rates have been going up. Oil prices are rising; thus, treasury yields have, too, risen to their highest levels since 2023. The likelihood of a rate hike by the Fed is growing, with a current probability at 70%. More to come as the week goes on. I am paying close attention to Friday's BLS employment report. Last month we saw a loss of 23K jobs and over -100K more from May & June's revisions.
Week of 8/24/2026
This week is headlined by a few things. PCE inflation comes out Wednesday. This typically moves the market and with overall inflation coming down in recent months, it would be a surprise this didn't follow course. Jackson Hole Economic Symposium this week ending with a speech by Fed Chair Kevin Warsh. I don't expect much from this. He is keeping all forward guidance to a minimum. Lastly, Treasury Secretary Scott Bessent has implemented Treasury bond buybacks to the tune of $4 Billion a month.
Week of 8/17/2026
US Treasury Secretary Bessent doubles US long-bond buybacks in the face of surging yields
This is the big news of the week so far. Today (8/19), the treasury is going to increase its bond buybacks by $4 Billion a month for three months, starting in September. This will increase liquidity in the market and potentially give better mortgage rate trends.
Conventional Home Loans
Your typical loan type for good to great credit and those seeking to make large down payments. The minimum down payment for first-time homebuyers is 3%.
Jumbo Home Loans
These are loans where the loan value is above the conforming loan limit of $832,750. Often requires higher down payment and reserves requirement.
Down Payment Assistance Loans
Want to buy a home but have limited assets? This is the perfect loan type for you. Let's be sure to strategize with your realtor to gather seller concessions so you have limited out of pocket expenses.
Loan Programs
Understanding your loan options is an important piece of making strong financial decisions.
Construction & Renovation Lending
Looking to custom build your home or renovate your current house? We've got just the loan for you with any of our construction to permanent or renovation loan options. Be sure to start interviewing for your General Contractor.
FHA Home Loans
The perfect program for first-time home buyers and borrowers with fair to good credit. The minimum down payment is just 3.5% of the purchase price.
Land Loans
Financing used to purchase a lot either for future home construction or investment. This loan comes with a higher down payment and potential balloon payments if not paid off by a certain timeframe.
This is a great program for investors who want an easier loan process. No income documents necessary and competitive rates. Biggest thing we're looking for is making sure the mortgage to rent ratio is 1-1.
DSCR (Investor Loans)
Portfolio Lending
This refers to loans that lenders originate and keep on their books rather than selling to secondary market. Usually comes with more flexible underwriting and easier to approve borrowers.
VA Home Loans
The perfect loan type for those who have served or are currently serving. Thank you for your service!
Adjustable Rate Mortgage Products
These programs offer fixed rates for a finite amount of time then will adjust according to the program. IE: 7/1 ARM is fixed for 7 years and will adjust each year afterward.
Home Equity Line of Credit
Need access to capital but don't have it saved up? HELOC's are a way to gain access to cash using your home as leverage.
