Market Updates
Loan Rates See Biggest One-day Drop in Over a YearLast week, the average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29%. This was in response to a weak August employment report.It's the lowest rate since early October 2024, and the biggest one-day...
Market Updates
More Ranchers' Heirs Ride Off into the SunsetHome on the range is becoming popular again, especially with the mega-rich, as more family-owned ranches enter the market. While the heirs to a homestead may decide that managing thousands of acres doesn't appeal, others...
Market Updates
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 Updates
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 Updates
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 Updates
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...
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