Rezamp Lending: Justin Schnettler, Mortgage Lender NMLS #1481888

Rezamp Lending: Justin Schnettler, Mortgage Lender NMLS #1481888 Providing opportunities for low rates, hassle free mortgages for buying or refinancing a home in AZ.

You've heard the horror stories...how hard it is to qualify, not to mention the fighting, shopping, and haggling to get a good rate.I've got great news...

When you're ready, the next step in getting a low rate mortgage made easy is to contact me so we can review your unique situation and make sure that you get a low rate mortgage without the stress and hassle.

Following the annual Jackson Hole meeting, Fed Chair Warsh delivered a speech that immediately impacted financial market...
08/28/2026

Following the annual Jackson Hole meeting, Fed Chair Warsh delivered a speech that immediately impacted financial markets. The key takeaway was a hawkish stance on inflation, with Warsh emphasizing the Fed's commitment to returning the PCE Price Index to its 2.0% target from the current 3.7%. The market interpreted this as a sign that restrictive monetary policy will continue, causing immediate volatility in the bond market. In response to this movement, mortgage lenders adjusted their pricing. The net effect was a notable increase in the average top-tier 30-year fixed mortgage rate, which climbed to 6.81%—its highest level in just over three weeks. This demonstrates how quickly Fed commentary can influence borrowing costs.

This week's economic calendar includes the preliminary annual benchmark revision for nonfarm payrolls. It's crucial to d...
08/28/2026

This week's economic calendar includes the preliminary annual benchmark revision for nonfarm payrolls. It's crucial to distinguish this from the market-moving monthly Nonfarm Payrolls (NFP) report, which is scheduled for release next Friday. Today's data is a statistical adjustment, looking back to revise the job count over the previous year. While the changes can seem large, this revision offers no insight into the current health or trajectory of the labor market. It's a common point of confusion, and the figures are often misinterpreted or sensationalized by market commentators. Therefore, while it's an important statistical update for historical accuracy, it is not expected to be a significant driver of market activity or immediate interest rate fluctuations. The real focus for current market sentiment remains on next week's official NFP release.

The market remained relatively calm today, though it showed sensitivity to external pressures. An afternoon surge in oil...
08/27/2026

The market remained relatively calm today, though it showed sensitivity to external pressures. An afternoon surge in oil prices, reportedly driven by the White House rejecting a ceasefire proposal, pushed bond yields to their daily highs. The 10-year Treasury yield finished the day up 2.1bps at 4.67%. Adding to the pressure on rates was stronger-than-expected economic data, with weekly Jobless Claims coming in at 203k versus a 208k forecast, indicating a resilient labor market. Mortgage-Backed Securities (MBS) ended the day down slightly. All eyes now turn to Friday's upcoming Fed speech at the Jackson Hole symposium, which has the potential to introduce more significant market volatility.

Today, the mortgage market remained largely stable, with rates holding steady for most borrowers. This calm occurred des...
08/27/2026

Today, the mortgage market remained largely stable, with rates holding steady for most borrowers. This calm occurred despite a late-day weakening in the bond market, which is the key driver for mortgage rate pricing. While the dip in bond prices wasn't significant enough to trigger immediate rate hikes from lenders, it has created a cautious outlook for tomorrow. Lenders are heading into Friday at a slight disadvantage. This means if the bond market doesn't see improvement overnight, we are likely to see a modest increase in mortgage rates offered in the morning. Furthermore, a scheduled speech by Fed Chair Warsh could introduce additional market volatility, making close monitoring essential.

The bond market is in a holding pattern this week, with investors showing significant caution ahead of the Federal Reser...
08/27/2026

The bond market is in a holding pattern this week, with investors showing significant caution ahead of the Federal Reserve's annual Jackson Hole symposium. With a light economic calendar, the speeches from Fed officials are the primary focus, as these have historically been used to signal important shifts in monetary policy. This anticipation is the main driver of market sentiment, overshadowing other factors. In the meantime, bonds are taking minor cues from secondary indicators like fuel prices, corporate bond issuance, and large institutional trade flows. However, the potential for a market-moving announcement on Friday remains the key wild card, which could significantly impact bond yields and the broader financial markets for weeks to come.

The bond market faced headwinds today, resulting in a modest loss of ground driven by the latest Personal Consumption Ex...
08/26/2026

The bond market faced headwinds today, resulting in a modest loss of ground driven by the latest Personal Consumption Expenditures (PCE) data and a significant jump in oil prices. The core PCE index met forecasts, rising 0.2% month-over-month and holding at 3.3% year-over-year, offering no new positive catalysts for bonds. Adding to the pressure, Durable Goods orders came in stronger than expected at 1.1%. Despite these challenges, bonds showed resilience. The 10-year Treasury yield repeatedly tested but failed to break through a ceiling at 4.67%, suggesting some stability. Mortgage-Backed Securities (MBS) ended the day lower, but the market is now watching for weaker data that could allow bonds to recover.

The bond market's intraday volatility is creating a complex environment for mortgage rates. While today's rates are slig...
08/26/2026

The bond market's intraday volatility is creating a complex environment for mortgage rates. While today's rates are slightly better than yesterday morning's initial offerings, they have weakened compared to the improved rates seen yesterday afternoon. This highlights a crucial point: rates published by lenders around 10:00 am ET are not static and can change based on significant bond market movement throughout the day. To get a clearer picture, it's useful to track underlying trends in mortgage-backed securities or proxies like the 10-year Treasury yield. Based on current bond market performance, which has lost ground since this morning, there is an implication that lenders may offer slightly higher rates tomorrow if this trend holds.

This morning's key Personal Consumption Expenditures (PCE) inflation report showed mixed but ultimately concerning resul...
08/26/2026

This morning's key Personal Consumption Expenditures (PCE) inflation report showed mixed but ultimately concerning results for the bond market. While core PCE met expectations at 0.2%, it was a high print at 0.246%, nearly rounding up. More importantly, headline inflation came in a tenth of a point above both monthly and annual forecasts, signaling persistent price pressures. The market, which had seemingly priced in better news, reacted with a swift sell-off. As a result, Mortgage-Backed Securities (MBS), which directly influence home loan rates, started the day down more than an eighth of a point. Concurrently, the 10-year Treasury yield, a crucial benchmark for mortgages, jumped more than two basis points, indicating upward pressure on borrowing costs.

The bond market rallied today, driven by hopeful geopolitical headlines that also pushed oil prices down. This positive ...
08/25/2026

The bond market rallied today, driven by hopeful geopolitical headlines that also pushed oil prices down. This positive sentiment led to a significant drop in Treasury yields, with the 10-year yield falling 6.5 basis points to end the day at 4.632. Mortgage-Backed Securities (MBS) saw a corresponding improvement, finishing up 3/8ths of a point, a positive indicator for future mortgage rates. Meanwhile, housing data presented a mixed picture. The Case-Shiller Home Price Index showed a stronger-than-expected 2.1% year-over-year increase in June, while the FHFA Home Price Index was flat month-over-month, missing forecasts. The market's willingness to rally is clear, but its sustainability will depend on continued favorable news and economic data.

Today provided a clear example of how global events influence domestic borrowing costs. Geopolitical news suggesting pro...
08/25/2026

Today provided a clear example of how global events influence domestic borrowing costs. Geopolitical news suggesting progress in peace talks, facilitated by Pakistani mediators, triggered a sharp drop in oil prices this morning. This movement had a direct ripple effect on the bond market, causing bond yields to fall in tandem. Because mortgage rates are closely correlated with bond yields, lenders were able to improve their pricing. This resulted in a tangible benefit for borrowers, as the average top-tier 30-year fixed mortgage rate decreased by 0.04%, reaching its lowest level in nearly a week. This highlights the importance of monitoring global financial indicators for potential mortgage opportunities.

Address

500 W. Chandler Boulevard, Maricopa
Chandler, AZ
85225

Telephone

+14806780446

Website

Alerts

Be the first to know and let us send you an email when Rezamp Lending: Justin Schnettler, Mortgage Lender NMLS #1481888 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Rezamp Lending: Justin Schnettler, Mortgage Lender NMLS #1481888:

Shortcuts

Share

Category