Allen P Payne - NMLS 1620628

Rates were volatile in the week ending 8/9 after markets overreacted to weak jobs data and then corrected. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Mortgage rates improved late in the week ending 8/2/24 as markets priced in the likelihood of a September Fed rate cut. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Little market-moving data during the week ending 7/26/24 left rates basically unchanged, though there were slight day-to-day shifts. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Rates held steady the week ending 7/19 on continued anticipation the Fed will start cutting policy rates in September. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Rates improved during the week ending 07/12 after inflation data came in better than expected, supporting Fed policy rate cuts this year. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Rates moved slightly higher during the week ending 7/5/2024 but showed signs of rebounding on weak labor and economic data. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Mortgage rates moved slightly higher during the week ending 6/28/24, even though there was little change in the economic outlook. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Rates moved lower during the week ending 6/14/2024 after data showed signs that both consumer and wholesale inflation were cooling. Direct Mortgage Loans, LLC is an Equal Housing Lender.

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

🔥🔥Rate Relief 🔥🔥

Program requirements:
- Primary Residence
- MD/DE/VA (NO DPA or Bonds)
- Well qualified Buyer's 680+ FICO
- US Citizens and Permanent Residence

Here's your weekly look at the markets!

Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Mortgage Lenders work for YOU, not the bank.

When you work with a local mortgage lender like me - you can expect direct communication, a wide range of loan options and a partner who will be there to guide you throughout the process.

If you or someone you know is looking to purchase a home or refinance, I’d be happy to help!

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