Steven Pelayo - Mortgage Loan Advisor - NMLS #1676877

05/19/2026

Mortgage rates moved higher again this week, with top-tier 30-year fixed rates now hovering around the highest levels we've seen since last summer. What’s driving it? Global uncertainty and geopolitical tensions have pushed investors out of bonds, which puts upward pressure on mortgage rates.

Markets can shift quickly, and timing matters more than ever when it comes to locking a rate. If you’re thinking about buying, refinancing, or just want to game plan, let’s connect!

05/13/2026

Recently, Fannie Mae and Freddie Mac updated their condo eligibility rules to make approvals faster for many 2–10 unit projects, while raising the bar on HOA reserves and insurance. Learn more on our blog and check out our other posts!

🔗: steven.homeseedlendingteam.com/buzz

05/04/2026

Mortgage rates moved sharply higher to start the week, with average 30-year fixed rates climbing back to 6.56%, the highest level in over a month. After several weeks of stability, renewed geopolitical tensions overseas have pushed oil prices and inflation concerns higher, causing mortgage rates to worsen.

05/01/2026

Another financing win for one of our buyers! This manufactured home in a condo project community was a tough financing scenario that many conventional lenders would not approve. With access to 175+ lending partners as a broker, we were able to find the right fit and get this buyer successfully to the finish line.

04/30/2026

The Federal Reserve wrapped up its third of eight scheduled meetings this year today, and while policymakers have yet to cut rates in 2026, many investors still expect at least one reduction before year-end. So did that long-awaited cut finally come today?

Read more on our blog: steven.homeseedlendingteam.com/buzz/did-fed-pause-rate-cuts

03/18/2026

The Fed made its second rate decision today and the real shift was in its projections, showing stronger agreement on future cuts ahead as inflation risks linger and oil prices rise.

Read more on our blog article:
steven.homeseedlendingteam.com/buzz/fed-day-how-many-rate-cuts-projected-for-2026

03/03/2026

Mortgage rates moved back into the low 6% range to start the week, with headlines pointing to rising oil prices and geopolitical tensions as a possible driver. That said, oil and bond yields have not moved in lockstep recently, reminding us that inflation trends and Fed expectations remain the bigger forces behind rate direction.

03/02/2026

Markets are under pressure to start the week as stocks and bonds moved sharply lower while oil prices jumped following escalating geopolitical tensions over the weekend. Rising oil and higher Treasury yields pushed Mortgage Bonds down nearly 30 basis points, creating upward pressure on mortgage rates.

Markets react to geopolitical tensions as mortgage rates rise sharply. What rising oil prices, jobs data, and rate trends mean for housing.

02/25/2026

For the first time since February 2023, the average 30-year fixed conforming rate has dipped below 6% (Mortgage News Daily Rate Index). If rates continue trending lower, this could help improve affordability and support housing demand as we approach the busy Spring market.

02/24/2026

Mortgage rates are starting the week mostly steady as markets digest comments from Fed officials, mixed labor data, and a quiet economic calendar ahead.

Mortgage rates move lower to start the week as markets await Fed signals, labor data, and inflation for potential new moves.

02/05/2026

Discover how a mortgage recast can help you lower your monthly payments while retaining your current interest rate. Read more on our latest blog!

steven.homeseedlendingteam.com/buzz/mortgage-recast-lower-payments