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Buckle up, everyone! ๐ข
Mortgage rates have been on quite the roller coaster ride this last month. ๐๐
From peaks to valleys, #MayMortgageRates were not for the faint of heart!
Will June bring calm or continue the wild ride? ๐คทโโ๏ธ๐ข๐ค
June will see new inflation data and a Fed meeting that will impact mortgage rates for sure, but we have to wait and see how.
Stay informed and prepared by regularly checking in with me and doing your research. ๐ก๐ Knowledge is your best tool in this ever-changing #MortgageLandscape.
So here's to #JuneMortgageMadness - whether it brings us surges ๐ or smooth sailing ๐ณ, we're ready for the ride. Are you? ๐ข๐ก๐ฐ
#MortgageRateRollerCoaster #MortgageTrends #RealEstateMarket
Buckle up, everyone! ๐ข Mortgage rates have been on quite the roller coaster ride this last month. ๐๐ From peaks to valleys, #MayMortgageRates were not for the faint of heart! Will June bring calm or continue the wild ride? ๐คทโโ๏ธ๐ข๐ค June will see new inflation data and a Fed meeting that will impact mortgage rates for sure, but we have to wait and see how. Stay informed and prepared by regularly checking in with me and doing your research. ๐ก๐ Knowledge is your best tool in this ever-changing #MortgageLandscape. So here's to #JuneMortgageMadness - whether it brings us surges ๐ or smooth sailing ๐ณ, we're ready for the ride. Are you? ๐ข๐ก๐ฐ #MortgageRateRollerCoaster #MortgageTrends #RealEstateMarket
๐ก ๐๐ผ๐ฟ ๐๐ต๐ฒ ๐๐ฒ๐ฒ๐ธ ๐ผ๐ณ ๐๐ฝ๐ฟ๐ถ๐น ๐ฏ, ๐ฎ๐ฌ๐ฎ๐ฏ ๐ฅ๐ฒ๐ฐ๐ฎ๐ฝ ๐ผ๐ณ ๐น๐ฎ๐๐ ๐๐ฒ๐ฒ๐ธ: ๐ฅ๐ฎ๐๐ฒ๐ ๐บ๐ผ๐๐ฒ๐ฑ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ Last week saw mortgage rates move up from the previous week's lows, but were still better than the first half of March. Rates were pretty consistent through the week, with little movement day-to-day and no real volatile days. ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐: ๐ฅ๐ฎ๐๐ฒ๐ ๐ฐ๐ผ๐๐น๐ฑ ๐บ๐ผ๐๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ Now that the banking turmoil has died down, and markets have been assured that this isn't a systemic failure reminiscent of 2008, expectations of a Fed rate hike in May have increased. That is pressuring mortgage rates for the week. We could see rates do well early in the week, but should be careful near the week's end as the jobs data could push mortgage rates higher. ๐๏ธ ๐ช๐ต๐ฎ๐'๐ ๐ฎ๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐ฟ๐ฎ๐๐ฒ๐ ๐๐ต๐ถ๐ ๐๐ฒ๐ฒ๐ธ: - Economic data: Jobs data comes on Friday this week, which is Good Friday. Normally the bond market is closed on Good Friday, but it will be open with an early close of 2pm because of the jobs data, while the stock market will be closed for the day. Due to the holiday weekend, we may see more volatility than usual, and rates could move higher quickly if the jobs data shows a strong labor market. - The Fed: As markets anticipate future Fed rate movements, mortgage rates will be affected. Fed members speaking this week could swing sentiment. #mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
๐ Mortgage rates are on the rise again! ๐ช๐ต๐ฎ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ฒ๐ฑ? Rates have been pushed higher by recent economic data that is showing the economy isn't cooling off yet and inflation is not declining fast enough. Markets are now preparing for the Fed to raise rates even higher through 2023, in order to quash inflation. Mortgage rates have already started to move higher the last few weeks on the expectations. ๐ฆ๐ผ, ๐ต๐ผ๐ ๐ต๐ถ๐ด๐ต ๐๐ถ๐น๐น ๐ฟ๐ฎ๐๐ฒ๐ ๐ด๐ผ ๐ฎ๐ป๐ฑ ๐๐ถ๐น๐น ๐๐ต๐ฒ๐ ๐ฐ๐ผ๐บ๐ฒ ๐ฏ๐ฎ๐ฐ๐ธ ๐ฑ๐ผ๐๐ป ๐๐ผ๐ผ๐ป?โ ๏ธ As you can tell from the headlines about stocks, markets are volatile right now. Although it is possible rates could improve, the current forecast is that rates are going to move even higher. We will eventually see rates come down again, but that is only likely when the economy slows down and we could see a recession. ๐ก ๐๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐ฎ ๐๐ถ๐น๐๐ฒ๐ฟ ๐น๐ถ๐ป๐ถ๐ป๐ด ๐๐ผ ๐๐ต๐ฒ๐๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ฟ๐ฎ๐๐ฒ๐? Higher rates are no fun - period. Paying more each month for a home than you thought you would pay is a downer. HOWEVER... Higher rates are opening the door to more homes, and it is helping restore balance to the housing market. You can now find homes to purchase that aren't in a bidding frenzy, and borrowers getting a mortgage are not finding as much competition from cash buyers. Less demand means you have a better shot of landing your dream home! ๐ก I have some ideas on how to help make your payments more affordable while rates are higher. Contact me today and I'll tell you why now is still a great time to buy a home, and how I can help! #mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
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Mortgage rates have risen to levels we haven't seen in years... ๐ช๐ต๐ฎ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ฒ๐ฑ? Rates have been pushed higher by recent economic data, like last week's inflation report, that is showing the economy isn't cooling off yet despite the Fed raising policy rates since March. Markets are now preparing for the Fed to raise rates even higher through the end of the year and into 2023, in order to quash inflation. Mortgage rates have already started to move higher the last few weeks on the expectations. ๐ฆ๐ผ, ๐ต๐ผ๐ ๐ต๐ถ๐ด๐ต ๐๐ถ๐น๐น ๐ฟ๐ฎ๐๐ฒ๐ ๐ด๐ผ ๐ฎ๐ป๐ฑ ๐๐ถ๐น๐น ๐๐ต๐ฒ๐ ๐ฐ๐ผ๐บ๐ฒ ๐ฏ๐ฎ๐ฐ๐ธ ๐ฑ๐ผ๐๐ป ๐๐ผ๐ผ๐ป? As you can tell from the headlines about stocks, markets are volatile right now. Although it is possible rates could improve, the current forecast is that rates are going to move even higher. We will eventually see rates come down again, but that is only likely when the economy slows down and we could see a recession. ๐๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐ฎ ๐๐ถ๐น๐๐ฒ๐ฟ ๐น๐ถ๐ป๐ถ๐ป๐ด ๐๐ผ ๐๐ต๐ฒ๐๐ฒ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ฟ๐ฎ๐๐ฒ๐? Higher rates are no fun - period. Paying more each month for a home than you thought you would pay is a downer. HOWEVER... Higher rates are opening the door to more homes, and it is helping restore balance to the housing market. You can now find homes to purchase that aren't in a bidding frenzy, and borrowers getting a mortgage are not finding as much competition from cash buyers. Less demand means you have a better shot of landing your dream home! I have some ideas on how to help make your payments more affordable while rates are higher. Contact me today and I'll tell you why now is still a great time to buy a home, and how I can help! #mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
๐ ๐๐ผ๐ป'๐ ๐ฎ๐๐ธ ๐๐ผ๐บ๐ฒ ๐ผ๐ป๐น๐ถ๐ป๐ฒ ๐บ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฐ๐ฎ๐น๐ฐ๐๐น๐ฎ๐๐ผ๐ฟ ๐๐ผ ๐ฑ๐ผ ๐ฎ ๐บ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐๐๐ถ๐ผ๐ป๐ฎ๐น'๐ ๐ท๐ผ๐ฏ. โ If you're thinking about buying a home or out actively looking, we should talk. Reach out anytime. #mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
โ Don't be surprised by rising mortgage rates! ๐คญ ๐ง๐ต๐ถ๐ป๐ธ๐ถ๐ป๐ด ๐ผ๐ณ ๐ฟ๐ฒ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ป๐ด? ๐ก ๐ง๐ต๐ฒ๐ป ๐๐ฒ ๐ป๐ฒ๐ฒ๐ฑ ๐๐ผ ๐๐ฎ๐น๐ธ. Despite outdated headlines ๐ฐ about mortgage rates hitting record lows, mortgage rates are actually starting to creep up a bit. ๐ ๐๐ผ๐ป'๐ ๐๐ผ๐ฟ๐ฟ๐, ๐ ๐ฐ๐ฎ๐ป ๐๐๐ถ๐น๐น ๐ต๐ฒ๐น๐ฝ ๐๐ผ๐ ๐ด๐ฒ๐ ๐ฎ๐ป ๐ฎ๐บ๐ฎ๐๐ถ๐ป๐ด๐น๐ ๐น๐ผ๐ ๐ฟ๐ฎ๐๐ฒ... but you may want to reach out to me sooner than later. Just shoot me a text, an email, a DM, or give me a call. I'll run your numbers and see what we can do for you. I'm looking forward to hearing from you soon. #mortgages #mortgagerates #realestate #mortgageinterest #homebuyingtips #realestateadvice #refinance
Barry Habib - Rates and Inflation - Housing Still Strong where the rates are going and how the interest rates will play into the numbers. The inflation read on Personal Consumer Expenditure (PCE) comes in this week, will the numbers jump? Feds buying less, inflation on the rise, will rates increase? MBS Highway #mortgagerates #mortgagebackedsecurities #masterthemarkets
Thereโs a lot of talk about the Fed Reserve cutting back their buying of mortgage bonds, known as tapering and helped keep interest rates low. Once the Fed starts to pull back, there is a risk that rates may move up, which MAKES THIS A GREAT TIME TO TAKE AVANTAGE OF LOW RATES!
LAST OF RATES IN THE 2% range. wholesaleloans.net
ATTENTION FRIENDS, FAMILY AND ALL HOMEOWNERS!
Facts:
-Right now homes are at the height of their value in ten years.
- Your home is your greatest asset and itโs ability to leverage you towards wealth is right now.
- Americans have more debt than they have had in 20 years
- The answer is in your ability to consolidate debt or invest in tax free assets or rich dividend plans
- Rates are still at an all time low. Lower than all of your fixed and variable debt.
- What are you waiting for?
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