Jacob Leggett - Mortgage Loan Officer

Jacob Leggett - Mortgage Loan Officer Mortgage Loan Officer | NMLS # 1872264 | Ent Credit Union
I help you make smart and well-informed mortgage decisions with a holistic view of your finances.

Whether it’s time to act or wait, you’ll get transparent and thoughtful guidance.

05/23/2026

A few things driving markets this week:

• Peace talk headlines involving Iran continue creating volatility in oil prices and bond markets, which has kept mortgage rates moving around quite a bit.

• Inflation remains persistent enough that markets have significantly reduced expectations for Fed cuts in 2026.

• Fed meeting minutes showed policymakers are increasingly divided. Some still favor future cuts if the economy weakens, while others believe additional hikes could still happen if inflation stays elevated.

• Kevin Warsh officially became the new Fed Chair this week, and markets are still trying to determine what that could mean for future policy.

One important reminder:
Mortgage rates do NOT move directly with the Fed. Inflation, bond markets, oil prices, and global events can all significantly influence rates.

Real-world impact:
Even a 0.5% move in rates can change monthly payments by a few hundred dollars depending on price point. Small market moves can affect affordability more than many people expect.

With volatility staying elevated, tools like Lock & Shop have been valuable for some buyers who want flexibility while reducing exposure to sudden market swings.

If you ever want help thinking through strategy or scenarios, I’m always happy to help.

Weekly Mortgage Market UpdateA few things driving markets this week:• Peace talk headlines involving Iran continue creat...
05/23/2026

Weekly Mortgage Market Update

A few things driving markets this week:

• Peace talk headlines involving Iran continue creating volatility in oil prices and bond markets, which has kept mortgage rates moving around quite a bit.

• Inflation remains persistent enough that markets have significantly reduced expectations for Fed cuts in 2026.

• Fed meeting minutes showed policymakers are increasingly divided. Some still favor future cuts if the economy weakens, while others believe additional hikes could still happen if inflation stays elevated.

• Kevin Warsh officially became the new Fed Chair this week, and markets are still trying to determine what that could mean for future policy.

One important reminder:
Mortgage rates do NOT move directly with the Fed. Inflation, bond markets, oil prices, and global events can all significantly influence rates.

Real-world impact:
Even a 0.5% move in rates can change monthly payments by a few hundred dollars depending on price point. Small market moves can affect affordability more than many people expect.

With volatility staying elevated, tools like Lock & Shop have been valuable for some buyers who want flexibility while reducing exposure to sudden market swings.

If you ever want help thinking through strategy or scenarios, I’m always happy to help.

Insurance costs have gone up a lot over the last few years, and it can really surprise homeowners when their monthly mor...
05/21/2026

Insurance costs have gone up a lot over the last few years, and it can really surprise homeowners when their monthly mortgage payment increases because of taxes and insurance 😰

One of the best habits you can build is reviewing your policies at least once a year. Make sure your coverage still makes sense for you and shop around occasionally to keep premiums competitive 💡

Little things like this add up over time and can make a bigger difference than people realize 📈

Reach out to me here: https://sites.totalexpert.net/home-loan-lead-form/a-mortgage-conversation-that-looks-at-the-whole-picture-22355179

Unpopular opinion in real estate: you can afford to wait.There’s so much pressure in today’s housing market to move fast...
05/18/2026

Unpopular opinion in real estate: you can afford to wait.

There’s so much pressure in today’s housing market to move fast. From headlines, social media, family, agents, lenders… it can feel like everyone is telling you that you need to buy right now or you’ll miss your chance.

Ironically, one of my favorite things to hear from someone is:

“We can afford to wait.”

That usually tells me someone is thinking intentionally instead of emotionally. 👏

Here’s something worth considering:

Who’s actually better off?
The person with the 3% rate or the person with the 6% rate?

Most people immediately think the 3% rate wins.

But what if that person stretched themselves to the limit financially, while the person with the 6% rate waited, planned carefully, stayed within healthy boundaries, and maintained margin for investing, emergencies, repairs, vacations, and life?

Interest rates matter. But they are not the only thing that matters.

Funny enough, the longer I work in this industry, the more I appreciate patience, intentionality, and having a plan.

Buying a home is deeply personal, and it should happen when it makes sense for you, not because of pressure or FOMO. 💡

And when you do need guidance, I’m always happy to help.

Buying your first home today takes some planning, and for a lot of people, some tradeoffs too.The data backs that up.Wha...
05/05/2026

Buying your first home today takes some planning, and for a lot of people, some tradeoffs too.

The data backs that up.

What doesn’t always get talked about is that there are often more options available than people realize.

Case in point: I sold a car to come up with part of my down payment when I bought a home. Looking back… probably not my best financial move 😅 especially considering some of the down payment assistance programs available here in Colorado.

Live and learn.

If you’re thinking about buying, it’s worth understanding your full set of options before making big sacrifices.

Always happy to be a resource if you need one.

04/14/2026

I love this perspective. You don’t know what you don’t know… learn better, then do better.

I’ve also heard financial mistakes described as an “education tax,” and that stuck with me 💡. Sometimes the failures teach you things that you could only learn by trying. 🙏

Quick market update this week:Rates have risen a bit recently after oil prices and bond yields jumped amid geopolitical ...
04/06/2026

Quick market update this week:

Rates have risen a bit recently after oil prices and bond yields jumped amid geopolitical tensions. We’ve gone from sub-6% averages to mid-6% ranges in a short period of time.

A few takeaways:
• Jobs data is a little mixed right now
• Home prices are still holding steady overall
• Inflation is still the big wildcard

This week’s inflation reports (PCE + CPI) will be important to watch, along with any Fed updates.

One thing I always like to remind people:
Mortgage rates don’t directly track the Fed—they’re influenced by a lot of moving pieces.

If you’re thinking about buying, this is where having a plan can really help manage the ups and downs.

Always happy to talk through scenarios if it’s helpful.










“Women face unique financial realities—wage gaps, caregiving responsibilities, and longer life expectancy—making intenti...
03/09/2026

“Women face unique financial realities—wage gaps, caregiving responsibilities, and longer life expectancy—making intentional planning especially important.”

If you’re curious about building or refining your financial plan, GreenPath offers free financial counseling and is a great resource to explore.

I share things like this because mortgages and homeownership are closely tied to the bigger financial picture. Ideally, all the pieces should work together. 🧩

https://www.greenpath.com/wellness-education/financial-planning-for-women/?partner_name=ent%20credit%20union

The headlines don’t tell the whole story.Home prices are mixed. Inventory is improving. Rates have dipped below 6% natio...
03/03/2026

The headlines don’t tell the whole story.

Home prices are mixed. Inventory is improving. Rates have dipped below 6% nationally for the first time in a while.

The real question isn’t “What’s the market doing?”

It’s “What does this mean for you?”

If you have mortgage questions or just want clarity on your options, comment “guidance” and I’ll message you directly.










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Colorado Springs, CO

Telephone

+17195106735

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