Kriste Enger Residential Lending

09/17/2025

https://www.cnbc.com/amp/2025/09/17/fed-rate-decision-september-2025.html

The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.

09/05/2025

https://amp.mortgagenewsdaily.com/article/68bb0c85ca48abfe15815725

It's a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any other economic data. It happened last month in grand fashion, and it is happening again this morning.  Nonfarm Payrolls (NFP), which is a count of new jobs created, came in at....

08/05/2025

Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The monthly jobs report is routinely the most closely watched economic report as far as bonds are concerned and Friday's caused a significant amount of bond buying (which, in turn...

11/07/2024

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html

The Federal Reserve approved its second consecutive interest rate cut Thursday.

09/19/2024

The Fed cut the Prime interest rate today by .50 basis points. This is the first rate cut in four years.

The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.

12/21/2023

The Fed has penciled in 3 rate cuts for 2024

The central bank has held its key rate steady for three straight meetings since July as inflation eases. It hinted that rate hikes are likely over.

11/02/2023

https://www.mortgagenewsdaily.com/markets/mortgage-rates-11022023

The stratification of rate offerings between lenders is very high due to rapid changes over the past few days and weeks.  On average, top tier conventional 30yr fixed rates have fallen more than 3/8ths of a percent since Tuesday afternoon.  You'd have to go back to the days fol...

05/29/2023

05/13/2023

https://www.realtor.com/news/trends/good-news-for-homebuyers-mortgage-rates-are-poised-to-fall/amp/

Mortgage rates are poised to begin coming down as inflation is slowing and the Federal Reserve doesn't want to exacerbate the banking crisis.

04/11/2023

Rumor spread that FHA announced a new FHA 40 year loan. This is not accurate. FHA announced a loan modification with a 40 year repayment term, article attached

Mortgage rates didn't do much today (the average lender drifted microscopically, and Wednesday's CPI data has infinitely more power to move the needle anyway) so let's take our time to focus on something that's actually interesting and oh-so-timely. The Rumor: FHA announced a new 40....

04/05/2023

Down payment assistance up to 20% is now available!

The Dream For All Shared Appreciation Loan provided by the California Housing Finance Agency. This down payment assistance is available to buyers who have not owned their own home in the past 3 years.

Check out this video for more details. I am an approved lender with the California Housing Finance Agency and I can help eligible buyers apply for this loan. Don't hesitate, funds are limited!!

Learn how to use the Dream For All Shared Appreciation Loan which offers down payment and/or closing costs assistance for first-time homebuyers.For more info...

02/23/2023

Did you know that county loan limits affect the interest rate you can obtain? Check out the new 2023 loan limits per county