Your Mortgage Guy Kerrick Jones

06/05/2026

01/07/2026

🏡This Week’s Mortgage Snapshot🏡

Thinking about buying a home soon? Here’s the quick scoop:

Mortgage rates nudged down again, hovering in the low‑6% range, making payments a little easier than last year’s 7%+ days.

Some reports even showed brief dips closer to 6.19%, giving buyers a small but welcome break.

The market is pretty steady, with only minor day‑to‑day rate changes, nothing wild.

Inventory is still tight, but winter brings a big perk: fewer buyers, meaning you might score a better deal.

Since big rate drops aren’t expected anytime soon, it might be smarter to focus on finding the right home instead of waiting for a “perfect” rate.

If you’ve been on the fence, the winter slowdown could be the perfect time to make your move! ❄️🔑

12/11/2025

The Fed Just Cut Rates What This Means for YOU

Borrowing Could Get Cheaper: Lower Fed rates make loans more affordable over time.

Mortgage Rates Might Ease: Don’t expect an overnight drop, but if trends continue, rates could slowly fall.

Refinancing Opportunity: If you locked in a high rate last year, keep an eye out! Refinancing could save you money.

Homebuyers, Stay Ready: Even a small rate dip can lower monthly payments and help you qualify for more.

Market Could Heat Up: Lower rates often bring more buyers, so start planning now if you’re thinking about moving.

Bottom Line: This is good news for homeowners and buyers, but patience pays off. Watch rates and shop around for the best deals!

What can you do? Become ready, be prepared! Have a pre-approval letter in hand so your offer can win while others race to become pre-approved!

The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

11/26/2025

What affects Mortgage Rates?? There are many factors that go into it. One factor is the 10 year Treasury.

- What it is: A 10-year Treasury note is basically a loan you give to the U.S. government for 10 years. In return, you earn interest every six months at a fixed rate.

- Who can buy it: Anyone—regular people, banks, and even other countries—can buy these notes because they’re considered very safe investments.

- Why it matters: The 10-year Treasury is like a “health check” for the economy. If its yield (interest rate) goes up, investors think the economy is strong. If it goes down, they’re worried and want safety.

- Connection to mortgages: Mortgage rates often move in the same direction as the 10-year Treasury yield. When Treasury yields rise, mortgage rates usually rise too.

- The gap: Mortgage rates are usually about 1–2% higher than the 10-year Treasury yield, but lately that gap has grown to more than 2%.

The 10-year Treasury note isn't as complicated as it sounds. Learn how the 10-year Treasury yield affects your wallet, from mortgage rates to investment options.