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:
10/20/2026
The bond market has stayed active these past couple of weeks. We've ranged between 5.05% to 5.35% on the 10-Year Yield. The economy has remained resilient, and inflation has stayed high stemming from the war in Iran.
From a mortgage perspective - I suggest looking into ARM products to get costs down a little bit. Also, don't hesitate to seek a credit from a seller. You could use those funds to bring your rate down using either of the two forms of buydown options.
10/13/2026
The overnight hours started off with a bang, today, but have come back up, unfortunately. This week has a couple of pieces of data that are sure to move the market (CPI and PPI). These are two inflation indices that we need to come down in order to support lower mortgage rates.
Also, worth noting is existing home sales increased in September by 1.5%. This is showing that the market is still steady regardless of higher mortgage rates.
10/5/2026
The market has been in a tailspin as of late. Between the war, inflation numbers staying high, and a resilient labor market, bonds have been selling off at a high clip. Investors don't think the economy is in a good place, thus want higher returns for the risk. Hopefully this coming week goes the other direction.
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.
