Harvey Jenkins

09/09/2024

Thinking about waiting for lower mortgage rates after the next Fed cut? This article explains why that might backfire. Mortgage rates have already dropped in anticipation, and history shows waiting could mean missing out on the best rates. Don’t gamble on future cuts—markets move faster than the Fed! If you're considering locking in your rate, now could be the time to act. Learn more here:

With more and more buzz surrounding the Fed's upcoming rate cut, it's only natural for consumers to enthusiastically wait for the lower mortgage rates that are sure to follow. There's just one problem.

08/30/2024

The recent PCE inflation data came in as expected, reinforcing the possibility of a modest 25 basis point rate cut by the Fed rather than a larger reduction. This cautious approach could mean mortgage rates remain steady instead of dropping significantly. As the markets adjust to these signals, the impact on mortgage rates will likely be more nuanced, with no dramatic changes expected in the near term. Stay informed and consider how these developments might affect your plans.

Today's Market Summary Report

08/29/2024

The Fed’s Next Move: What It Means for Mortgage Rates

The Fed is expected to lower rates soon, and that sounds like good news, right? But hold on—recent jobless claims data shows a strong labor market, which could keep inflation ticking upward. This creates a tricky situation for the Fed: lowering rates might just stoke the inflation fire, potentially leading to higher mortgage rates down the road.

So, what’s the takeaway? Even with a rate cut on the horizon, steady jobless claims might push mortgage rates higher over time. It’s a moment to watch closely and think ahead.

Today's Market Summary Report

05/16/2024

We’re thrilled to announce our 0% down purchase program, designed to help make homeownership more accessible to everyone. With this program, you can say goodbye to hefty down payments and hello to the home of your dreams. Don’t let financial barriers stand in the way of owning your own home – let us help you make it a reality. Call me today to learn more about how you can take advantage of this exciting opportunity.

05/02/2024

As 2024 has progressed, economic data--especially inflation data--have made it increasingly clear that rates will not be coming down nearly as soon as the Fed (and the market) expected.

05/01/2024

Are you ready to make your dream of homeownership a reality? It's time to leave behind the constraints of renting and set sail towards a life of luxury and comfort in your very own exquisite abode. Contact us today to start this incredible journey towards owning the home of your dreams! 🏠⚓

04/09/2024

Mortgage rates moved up somewhat abruptly today as the bond market lost more ground over the weekend.  Rates are driven primarily by bonds, but mortgage lenders tend to only update rates once pe...

04/02/2024

Ready to dive into the world of mortgages? Look no further! As your trusted independent mortgage broker, I am here to offer personalized service and expert guidance to help you find the perfect loan. Let's team up to make your dream of owning a home a reality. Contact me today and let's get started on this exciting journey! 🏡💸

04/01/2024

https://www.cnbc.com/video/2024/04/01/dont-see-a-way-for-rates-to-come-down-after-strong-inflation-data-says-komal-sri-kumar.html?play=1&video=7000335988&__source=linkedin%2Anewsmod%2AHP%2Avideo%2A&par=linkedin

04/01/2024

Refinancing your home can be a great way to lower your monthly payments or take advantage of lower interest rates. But the cost of an appraisal can sometimes be a barrier for homeowners looking to refinance. Don’t let that stop you from exploring your options!

If you’re considering refinancing, DM me to see if you’re eligible for an appraisal waiver. This could save you hundreds of dollars and make the refinancing process more affordable. Don’t miss out on potential savings – reach out today to see if you qualify.

04/01/2024

When it comes to finding the perfect mortgage for your needs, a mortgage broker can offer you more options than you might realize. With their expertise and knowledge of the local market, they can help you navigate the complex world of home financing with ease. So why wait? Contact me today and let's have an honest conversation about how a mortgage broker can help you achieve your homeownership goals. Let's work together to find the best solution for you and your family.

03/30/2024

When it comes to navigating the complex world of mortgages, having a trusted and knowledgeable expert on your side is crucial. As your local independent mortgage professional, I have the experience and expertise to guide you through the process and help you find the best mortgage solution for your unique needs. Whether you are a first-time homebuyer or looking to refinance, I am here to help. Don't hesitate to reach out and contact me today for personalized assistance and expert advice.
Call or text me now to get started on your path to home ownership!