Market News August 29

Market News August 29

Lower Mortgage Spreads = Lower Loan RatesThe gap between 10-year treasury yields and mortgage rates, aka the mortgage spread, has dropped to its lowest in over three years. This is good news for home buyers, as a lower mortgage spread translates into lower mortgage...
Market News August 22

Market News August 22

Buyer Opportunities On the RiseIf you're having a busier week than usual, you're not alone. The daily average mortgage rate dropped to its lowest level in nearly a year, moving more buyers off the sidelines. Clients who qualify for a 6.55% mortgage rate have gained...
Market News August 15

Market News August 15

Buyer Opportunities On the RiseIf you're having a busier week than usual, you're not alone. The daily average mortgage rate dropped to its lowest level in nearly a year, moving more buyers off the sidelines. Clients who qualify for a 6.55% mortgage rate have gained...
Market News August 8

Market News August 8

Senate Committee Releases Affordable Housing BillRecently, the Senate Committee on Banking, Housing, and Urban Affairs voted to advance the Renewing Opportunity in the American Dream to Housing (ROAD to Housing) Act of 2025 which aims to increase the supply of...