Brian Wagenseller Sr Loan Officer Citizens Bank NMLS ID: 236014

Spring has finally sprung - home applications are up as mortgage rates continue to fall for the third week in a row!

Mortgage rates fall for third straight week, bringing some homeseekers off the sidelines | CNN Business Mortgage rates fell for the third straight week and applications to purchase a home increased by the most in five weeks, in a promising sign for a housing market that has stalled out as mortgage rates edged towards 8%.

This month, 56 years ago, President Johnson signed the Fair Housing Act into law, improving Americans’ access to housing across the nation. This is why we celebrate in April and why we’re so committed to increasing home ownership and building strong communities. A key part of doing so is providing affordable home loan options.

I’m here to help you understand these options. Take a look at what Citizens has to offer: https://www.citizensbank.com/loans/mortgage-affordability.aspx

Whether you plan to start looking next week or next year, it’s always house hunting season 🔎🏡

Feel free to reach out if you want some help understanding your loan options and how to position yourself as a strong potential buyer.

With the slowing job market comes a potential cooling of inflation, leading to less spending and ultimately, slower price increases for mortgage loans. The main point? Now may be the time for you to look into refinancing.

Homeowners rush to refinance mortgages as rates fall Refinancing was up in the week ending March 8 as homeowners took advantage of falling rates, lenders say.

Put down the hammer and pick up the phone, your Citizens Mortgage Loan Officer is here to help with the budget and financing while you sort through the rest.

These 5 home buying tips from really make you think about the power of patience, budgeting and thinking outside the box. Check out more on what you should know as you navigate the .

Use These 5 Home Buying Rules To Navigate The 2024 Real Estate Market While the housing market has gone from bad to terrible for many aspiring home buyers, this may be the year you can reset your real estate priorities.

Housing economists are hopeful that the market will see a rebound in buyers as rates are expected to decline as the year progresses.

Housing market update: Homes are more affordable, so where are buyers? Decline in mortgage rates from their peak in October is improving affordability, according to National Association of Realtors.

? A is a low-interest, flexible financial tool secured by the in your home. You can use it in a variety of ways, so you’re always ready for whatever life throws at you.

Some ways to put it to good use:
✅ Put it back into your home 🏠
✅ Consolidate Debt 💰
✅ Whatever Emergencies Come Up 🚨

Check out more ways you can achieve your financial goals through refinancing your :

https://www.citizensbank.com/learning/ways-to-use-equity.aspx?ctzMode=CFG-SOO_VOC_HEL_CTZ_ECS_NYNEWGOALS%20Equal%20Housing%20Lender



Equal Housing Lender

are heading in a lower direction this year, potentially saving hundreds of dollars on their monthly payments.

How much could you save if mortgage rates continue to fall?

Here's how much homebuyers could save if mortgage rates fall Mortgage rates are likely to fall in 2024. Here's how much homebuyers could potentially save.

? The 2024 is forecasting a more positive outlook for buyers. Experts are sharing that we can expect to see housing affordability begin to turnaround in the new year, with home prices expected to ease slightly along with lower rates and income growth.

2024 Housing Market Forecast and Predictions: Housing Affordability Finally Begins to Turnaround Realtor.com's forecast and housing market predictions on key trends that will shape the year ahead. Home prices, market trends and more as we look toward 2024.

The quality of your benefits program can show how much your company values the health, and happiness, of your employees. The Citizens Home Mortgage Corporate Affinity Program is an employee discount program offered to approved companies with 1,000+ employees. Through the program, your current employees could receive $1,000 off their closing costs when they purchase or refinance into a Citizens mortgage.* There are no membership fees or commitments – just discounts! Contact me to learn more.

*Offer is valid for current employees of approved companies within the Citizens Corporate Affinity Program who apply and qualify for a first lien, closed-end mortgage from Citizens Bank, N.A. Offer may not be combined with any other promotions or discounts other than those offered through the Corporate Affinity Program. Not applicable to Bond or CRA loan programs. Other exclusions and restrictions may apply.

: The Federal Housing Finance Agency has announced the conforming loan limits for 2024!

The new conforming loan limit for single-family properties is $766,550 – up $40,350 from the 2023 limit of $726,200.



https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limit-Values-for-2024.aspx

With a Mortgage Recast you put a lump sum payment (at least $5,000) toward the principal on your home loan. Your loan is then recalculated based on the new, lower outstanding balance. Because your principal goes down, your monthly payment amount also goes down. Note that not all mortgage loans qualify for recasting.* Contact me if you’d like to learn more about Citizens’ suite of loan products and services.

*Recasts can’t be performed on home equity lines of credit, FHA, VA, GNMA and USDA loans, interest-only loans, or select Bond/State housing programs. A recast requires at least $5,000 toward your principal and a processing fee (currently $150). Service is subject to change at any time.

If you’re thinking about building a new home, or planning a renovation, Citizens offers best-in-class construction to permanent financing.

✔️ One application
✔️ One loan qualification
✔️ One set of closing costs
✔️ Lot financing or build on your own lot
✔️ Up to 18 months to complete
✔️ Interest-only payments on disbursed funds during construction
✔️ Fixed and ARM options for permanent financing

Contact me to learn more!

Happy Thanksgiving! 🦃 I'm so thankful to work with such wonderful customers, and communities. I hope you have a great holiday! 💚

The Federal Reserve announced they will again hold benchmark interest rates steady amid a backdrop of a growing economy and labor market.

Fed holds rates steady, upgrades assessment of economic growth The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market.

Homebuying contingencies help mitigate your risk as a buyer. Learn the 9 most common contingencies and if you should include them in your offer to buy a home.

The Top 9 Contingencies to Consider in Your Offer When Buying a Home Homebuying contingencies help mitigate your risk as a buyer. Learn the 9 most common contingencies and why you may want to include them.

With low mortgage rates and rising rent costs, buying a home is a popular option for unmarried millennial couples...

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If you're shopping for a home, be sure to check out these tales of home buyers' biggest regrets to help you avoid stumbling into the same traps.

Home Buyers' 7 Biggest Regrets: How Many Will Haunt You? If you're shopping for a home, be sure to check out these tales of home buyers' biggest regrets to know all that can go wrong if you don't watch your step.

With a Mortgage Recast you put a lump sum payment (at least $5,000) toward the principal on your home loan. Your loan is then recalculated based on the new, lower outstanding balance. Because your principal goes down, your monthly payment amount also goes down. Note that not all mortgage loans qualify for recasting.*

Contact me if you’d like to learn more about Citizens’ suite of loan products and services.



*Recasts can’t be performed on home equity lines of credit, FHA, VA, GNMA and USDA loans, interest-only loans, or select Bond/State housing programs.

A recast requires at least $5,000 toward your principal and a processing fee (currently $150). Service is subject to change at any time.

How’s the fall housing market shaping up? Here are some key takeaways from the September Housing Trends report from Realtor.com®️. There are some glimmers of hope, especially for informed buyers who are ready to purchase.

How High Mortgage Rates Are Shaping Fall's Housing Market—and Why Buyers Have a Surprising Edge With mortgage rates hitting highs not seen since the turn of the millennium, the fall housing market is shaping up to be chillier than expected.

Home prices have declined in parts of the country, and that’s led to a rise in pending home sale activity. http://ms.spr.ly/61869VpRr

Every day should be a push for equality amongst everyone, and it starts by appreciating the women in your community.

Home prices were up and existing-home sales were down in July, but increases in the number of homes for sale give us reason to be optimistic. http://ms.spr.ly/61849uiK2