Arnell Brady II - NMLS 1128672

06/20/2025

📉 Mortgage Rate Update – Nothing to See Here… Yet 👀

The Fed met. The market waited. And… not much happened. 🤷🏾‍♂️

Even though everyone anticipated this meeting, there was zero chance of a rate cut this week.

💡 Here’s your reminder:
The Fed doesn’t set mortgage rates.
The Fed Funds Rate ≠ mortgage rates.
What does matter? The economy and inflation.

This week’s dot plot showed the Fed is split — some expect lower rates, others think they’ll stay high. Why? Different takes on what new tariffs will do to the economy.

Stay tuned — economic reports are driving the bus now.

06/20/2025

This week ended up being underwhelming in terms of interest rate movement despite the much-anticipated Fed announcement on Wednesday.

05/31/2025

With the shortened week due to Memorial Day, markets were relatively quiet—especially for mortgage rates.

📉 After a sharp drop on Tuesday, mortgage rates drifted slightly lower. But here’s the catch:
That drop wasn’t about this week’s news—it was lenders catching up to late last week’s bond market gains.

Meanwhile, housing data gave us a mixed bag:

Refinance applications dipped (no shock after last week’s higher rates)

Purchase applications ticked up modestly

Many media headlines got it wrong this week, using lagging data that still reflects last week’s higher rates.

Bottom line:
👉 The real-time average lender is offering lower rates this week. Not higher.

In addition to being shorter than normal due to the Memorial Day holiday, there wasn't much meat on this week's event calendar--at least not as far as the rate market was concerned. Earnings releases caused some volatility in the stock market, but rates drifted sideways to slightly lower after a lar...

05/23/2025

Market Volatility Update: Why Mortgage Rates Just Hit a 3-Month High

After Moody’s downgraded the U.S. credit outlook last Friday, both stocks and bonds took a hit this week—resulting in higher mortgage rates. 📈

➡️ Mortgage rates climbed over 7% and stayed there for three straight days—something we haven’t seen since February.

But let’s zoom out 🧐:

October 2023 saw rates peak at 8.03%

We dipped to 6% earlier this year

So 7%? That’s the “middle of the road” (and we've been stuck here longer than expected).

Why are rates stuck?
✅ No major drop in inflation
✅ No economic slowdown
✅ No bipartisan deficit plan

Bond traders sounded the alarm again this week during a 20-year Treasury auction. Add in global trade concerns, and we’ve got a cocktail of rate pressure.

🔍 Want help navigating this market? Let’s talk strategy. DM me

Markets began the week with a hangover from last Friday's late-day announcement of a US credit rating downgrade from Moody's with both stocks and bonds losing ground in early trading. 

05/02/2025

Whether you refer to it as "strong," or "not as bad as feared," this week's economic reports were better than the market was prepared for. The result is moderately higher rates.

Interest rates are driven by movement in the bond market, and the bond market is always interested in economic data. Occasionally, the economic data can be boring enough or other events can be important enough to cause a lapse in the typical level of focus. That's arguably what happened in first half of April as traders were preoccupied with reacting to tariff-related developments.

03/21/2025

🚀 Big congrats to my cousins, Skip and Roz on securing thier BRAND NEW home! 🏢💼 Nothing beats expanding your wealth and building that legacy. "It's more than a place to lay your head"! The grind doesn’t stop here! 🏘️💪

Thanks, for trusting Brady Mortgage Group!

01/23/2025

Tonight at 7pm! Tune in!!!!

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01/11/2025

📢 Mortgage Rates Hit Highest Levels in 7 Months! What This Means for You 📢
Friday’s jobs report shook the market, pushing mortgage rates to their highest levels since June 2024. 🚨 The report showed 256k new jobs, far exceeding expectations of 160k—a strong labor market often leads to higher interest rates.

💰 What This Means for Homeowners & Buyers:

If you're thinking of buying, locking in a rate sooner rather than later might save you money.
If you already own a home, now is the time to review your mortgage—refinancing options may still exist.
Rates move fast—don’t get caught off guard! Let's discuss how this affects your home financing. 📩 DM me or call (your number) today!

Mortgage rates weren't having a great week in the first place. As of Wednesday, the average lender was already up to the highest levels since June 2024. But up until that point, there hadn't been too much volatility.

09/19/2024

***UP IS DOWN AND DOWN IS UP**** MORTGAGE INTEREST RATE UPDATE!

After raising interest rates to the highest level in more than two decades to fight inflation, the Federal Reserve reversed course Wednesday and started with a bang — dropping the federal funds rate by half a percentage point and signaling that rates could come down by 2 percentage points by the end of next year. But bond market investors who fund most mortgages seem to have already priced in such a move, and mortgage rates moved UP today.

Please reach out if you're purchasing or refinancing and want to inquire how this change impacts you.

03/01/2024

Nice movement today for the better!

We haven't talked enough about ISM Manufacturing this week because Thursday's PCE data was the first report in more than 2 weeks that mattered.  Thus, the focus was on what came first as opposed ...

08/23/2023

🏫💸👔

Thrilled and honored to see my insights featured in the last week, discussing the ever-evolving landscape of the mortgage market! 🏡

Gratitude to everyone who's been a part of this journey and continue to seek my services.

Navigating the real estate terrain is both exciting and challenging, and I'm here to guide you every step of the way. Of you're looking to make Dreams a reality, lets connect! ✈️

**link to article in bio**

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