Jake Humbert, Mortgage Broker NMLS #1589045

Jake Humbert, Mortgage Broker NMLS #1589045 If you are looking to do a home loan (mortgage or refinance) in Texas or Colorado, then look no further! I've got great news...

I'm here to solve that for you.

I welcome the opportunity to work with you to get a low rate, no hassle mortgage. You've heard the horror stories...how hard it is to qualify, the mounds of paperwork you have to provide, the difficulties and delays. Not to mention the fighting, shopping, and haggling to get a good rate. When you're ready, the next step in getting a low rate mortgage made easy is to contact me so we can review you

r unique situation and make sure that you get a low rate mortgage without the stress and hassle that's normally associated with it. It's easy to reach me - feel free to call me direct or if you prefer you can email me. Jacob Humbert, NMLS #1589045 and Edge Home Finance NMLS #891464, Equal Housing Opportunity Lender

๐Ÿ“‰ A recent drop in rates (and increased equity from the rise in home prices) may mean this is ๐—” ๐—š๐—ฅ๐—˜๐—”๐—ง ๐—ง๐—œ๐— ๐—˜ ๐—ง๐—ข ๐—ฅ๐—˜๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—˜!...
05/06/2021

๐Ÿ“‰ A recent drop in rates (and increased equity from the rise in home prices) may mean this is ๐—” ๐—š๐—ฅ๐—˜๐—”๐—ง ๐—ง๐—œ๐— ๐—˜ ๐—ง๐—ข ๐—ฅ๐—˜๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—˜! ๐Ÿ’ฐ ๐Ÿก

๐—ช๐—ต๐˜† ๐—ฟ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—บ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ?
โœ… to take cash out for home repairs/renovations
โœ… to lower your monthly payment
โœ… to take cash out for paying off credit card debt
โœ… to get a lower interest rate

๐—ช๐—ต๐˜† ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€ ๐—ฟ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ป๐—ด ๐˜„๐—ถ๐˜๐—ต ๐—บ๐—ฒ (๐—ถ๐—ป๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐—ณ ๐˜€๐—ฎ๐˜†, ๐—ฎ ๐—ฏ๐—ถ๐—ด ๐—ฏ๐—ฎ๐—ป๐—ธ ๐—ผ๐—ฟ ๐—ผ๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—น๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฟ?)
๐Ÿ‘‰ I take the time to understand what you'd like to achieve by refinancing
๐Ÿ‘‰ I can help you get a low rate, often with much lower closing costs than other lenders
๐Ÿ‘‰ I can help take the hassle out of the conversation, showing you what to look out for and what you want to do to get a great deal

๐—ช๐—ต๐—ฎ๐˜ ๐—ฑ๐—ผ ๐˜†๐—ผ๐˜‚ ๐—ฑ๐—ผ ๐—ป๐—ฒ๐˜…๐˜?
Simply contact me and we can schedule some time for a free, no obligation conversation. If you choose to move forward with a refinance I can help you. If you decide it's not the right move that's fine too, at least you'll know you didn't miss an opportunity.

I'm here to help if you want to learn more.

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿฌ๐Ÿฏ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—น๐—ผ๐˜„ ๐Ÿ‘ Average mortgage rates ended the week largely unch...
05/03/2021

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐— ๐—ฎ๐˜† ๐Ÿฌ๐Ÿฏ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—น๐—ผ๐˜„ ๐Ÿ‘
Average mortgage rates ended the week largely unchanged, maintaining some of the lowest rates seen in months. Concerns about last week's Fed meeting proved unfounded, as the Fed committed to maintaining efforts to support the economic recovery.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—น๐—ผ๐˜„ ๐Ÿ‘
Rates this week are not likely to move up or down much, but we could see some small day-to-day movements in rebate pricing (the credit you get towards closing costs from your lender, or the fee you pay to get a lower rate, often called 'points'). There is not a lot of risk right now in seeing rates creep up if you are house hunting, and it is a great time to talk with your trusted mortgage professional if you're considering refinancing.

๐Ÿก ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed stimulus: Last week the Fed committed to maintaining the current pace of bond buying for the foreseeable future, which is helping to keep mortgage rates low.
- Economic data: Although there is quite a bit of economic data scheduled for release this week, there is not much market moving data to be concerned about. However, Friday's jobs data could have an affect on rates near the end of the week.

๐——๐—ผ๐—ป'๐˜ ๐—น๐—ฒ๐˜ ๐—ท๐˜‚๐˜€๐˜ ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด '๐—ฝ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐—ถ๐—ฒ๐—ฑ' ๐—ฐ๐—ผ๐˜€๐˜ ๐˜†๐—ผ๐˜‚ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฎ๐˜ ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ!๐—œ๐—ป๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ, ๐˜†๐—ผ๐˜‚ ๐—บ๐—ฎ๐˜† ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐—ฝ๐—ฟ๐—ฒ๐—ฎ๐—ฝ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ.W...
04/28/2021

๐——๐—ผ๐—ป'๐˜ ๐—น๐—ฒ๐˜ ๐—ท๐˜‚๐˜€๐˜ ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด '๐—ฝ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐—ถ๐—ฒ๐—ฑ' ๐—ฐ๐—ผ๐˜€๐˜ ๐˜†๐—ผ๐˜‚ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฎ๐˜ ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ!
๐—œ๐—ป๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ, ๐˜†๐—ผ๐˜‚ ๐—บ๐—ฎ๐˜† ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐—ฝ๐—ฟ๐—ฒ๐—ฎ๐—ฝ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ.

What is the difference? ๐Ÿค”

๐Ÿ‘‰ Getting prequalified is the process of providing a mortgage lender with some background information like your credit, income, and expenses so the lender can help you determine how much you can afford and what you are likely to qualify for.

๐Ÿ‘‰ A preapproval, however, means you've provided the lender with proof of your income and assets and had a credit check to determine exactly how much you can be approved for. In some cases, a preapproval can show you are approved for a loan before making an offer, which makes your offer stronger and could help you win a bidding war.

๐—ช๐—ต๐—ถ๐—ฐ๐—ต ๐—ผ๐—ป๐—ฒ ๐—ถ๐˜€ ๐—ฟ๐—ถ๐—ด๐—ต๐˜ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚?

๐—š๐—ถ๐˜ƒ๐—ฒ ๐—บ๐—ฒ ๐—ฎ ๐—ฐ๐—ฎ๐—น๐—น ๐—ผ๐—ฟ ๐—ฐ๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—บ๐—ฒ ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜, ๐—ฎ๐—ป๐—ฑ ๐—œ'๐—น๐—น ๐—ฏ๐—ฒ ๐—ต๐—ฎ๐—ฝ๐—ฝ๐˜† ๐˜๐—ผ ๐—ต๐—ฒ๐—น๐—ฝ ๐˜†๐—ผ๐˜‚ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐—ฑ๐—ฒ. ๐Ÿ‘
I can provide either one, depending on your unique situation and where you are in the house hunting process.

The best part? The conversation is absolutely free, and there's no obligation. ๐Ÿก ๐Ÿ˜

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฎ๐Ÿฒ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘Average mortgage rates improved once again...
04/26/2021

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฎ๐Ÿฒ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘
Average mortgage rates improved once again last week, despite a much higher likelihood that we were going to see rates worsen. There wasn't any particular reason for the rate improvement, it was more an effect of market trends.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—น๐—ผ๐˜„ ๐Ÿ‘
Rates this week will be influenced by the Fed and some economic data, and are likely to end the week near the same levels we start at. The recent string of rate improvement makes it a great time to talk with your mortgage professional about refinancing or purchasing a home.

๐Ÿก ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low.
- Economic data: Lots of housing data this week, but that data won't affect rates. Inflation data later in the week could have some effect though.
- Fed meeting: Wednesday the Fed will release a policy statement from this month's meeting. Although the Fed won't raise policy rates, investors will be looking for signals for upcoming reductions to asset purchases which have been keeping rates low. We could see some volatility if investors find any Fed comments that cause concern.

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ๐Ÿต, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘Average mortgage rates improved slightly l...
04/19/2021

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ๐Ÿต, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘
Average mortgage rates improved slightly last week, after rate markets improved despite data showing inflation was rising. The increase to inflation was expected though, and fell within the range that markets have already priced in when rates rose a few weeks ago.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—น๐—ผ๐˜„ ๐Ÿ‘
Rates tend to move in cycles, and we're likely to see some pullback this week that would see slightly worse rates on average after improving steadily the last few weeks. There isn't any economic data this week that will affect rates though, and market sentiment is still positive, so even if we do see rates worsen it shouldn't be much. In fact, there is a much smaller chance that we could see rates slightly improve this week, but the current technical indicators make that much less likely.

๐Ÿก ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low.
- Bond technicals: Lenders set mortgage rates based on the pricing of mortgage bonds, and we could see bonds lose some ground this week pushing rates slightly higher.
- Market sentiment: Investors are comfortable investing in bonds at these yields, helping keep rates low.

"๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ฃ๐—ฅ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ?" ๐Ÿค”๐Ÿ‘‰ Answer: One of the most confusing aspects of a mortga...
04/14/2021

"๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ฃ๐—ฅ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ?" ๐Ÿค”

๐Ÿ‘‰ Answer: One of the most confusing aspects of a mortgage is trying to compare interest rates and APRs. Here is a simple explanation to make it easy for you to get a low rate mortgage without the hassle.

The interest rate is only the interest that you will pay on the mortgage. Mortgage interest rates are often quoted in .125% increments.

The APR is a calculation designed to more easily compare mortgage offers. It includes the interest rate above, PLUS other fees and costs such as: lender fees, origination fees, discount points, and some closing costs. Some banks and lenders will change what they call certain fees to avoid having to include them in the APR calculation, making it even harder to compare. An APR is required anytime a bank or lender advertises an interest rate, to help get a more accurate comparison. The interest rate and the APR should never be exactly the same unless there are no fees on the loan.

๐Ÿก ๐—œ๐—ณ ๐˜†๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐—น๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐—น๐—ผ๐˜„ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ต๐—ฎ๐˜€๐˜€๐—น๐—ฒ ๐—ผ๐˜‚๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€, ๐—œ ๐—ฐ๐—ฎ๐—ป ๐—ต๐—ฒ๐—น๐—ฝ. A quick and easy conversation can help make sense of it all, and I can show you how to make sure you're getting a good mortgage offer.

Getting a mortgage doesn't have to be a hassle. Let me make it easy.

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ๐Ÿฎ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘Average mortgage rates improved slightly l...
04/12/2021

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ๐Ÿฎ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐Ÿ‘
Average mortgage rates improved slightly last week, continuing to rebound after rising for seven weeks from February into March.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐—ฒ๐—ถ๐˜๐—ต๐—ฒ๐—ฟ ๐˜„๐—ฎ๐˜† ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ โš ๏ธ
Average mortgage rates this week are hard to forecast and could go in either direction. There is a possibility that rates could improve slightly, depending on how investors react to this week's economic data and talk of inflation. However, if we see a negative reaction to any of the data, we could see rates lose a little bit of ground this week. Rates should remain steady though in the mid-term, meaning we shouldn't see any large rate increases and rates could get slightly better by the end of April.

๐Ÿก ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low.
- Economic data: There is a full calendar of data this week, including inflation data on Tuesday and retail sales data on Thursday that could have an effect on rates and possibly cause some day-to-day volatility.
- Bond pricing: Lenders set mortgage rates based on the pricing of mortgage bonds, and we could see bonds lose some ground this week, pushing rates slightly higher.

๐—ช๐—ต๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐˜†๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐—บ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐˜๐—ผ ๐—ฏ๐˜‚๐˜† ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐—ผ๐—ฟ ๐˜๐—ผ ๐—ฟ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ, ๐˜๐—ต๐—ฒ๐˜€๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐Ÿฐ ๐˜๐—ต๐—ถ๐—ป๐—ด๐˜€ ๐˜†๐—ผ๐˜‚ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ก๐—ข๐—ง ๐—ฑ๐—ผ...โœ… ๐— ๐—ฎ๐—ธ๐—ฒ ๐—ฎ๐—ป๐˜† ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ...
04/08/2021

๐—ช๐—ต๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐˜†๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐—บ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐˜๐—ผ ๐—ฏ๐˜‚๐˜† ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐—ผ๐—ฟ ๐˜๐—ผ ๐—ฟ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ, ๐˜๐—ต๐—ฒ๐˜€๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐Ÿฐ ๐˜๐—ต๐—ถ๐—ป๐—ด๐˜€ ๐˜†๐—ผ๐˜‚ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ก๐—ข๐—ง ๐—ฑ๐—ผ...

โœ… ๐— ๐—ฎ๐—ธ๐—ฒ ๐—ฎ๐—ป๐˜† ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ ๐—ฝ๐˜‚๐—ฟ๐—ฐ๐—ต๐—ฎ๐˜€๐—ฒ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ ๐—ฎ ๐—ป๐—ฒ๐˜„ ๐—ฐ๐—ฎ๐—ฟ ๐Ÿš— ๐—ผ๐—ฟ ๐—ณ๐˜‚๐—ฟ๐—ป๐—ถ๐˜๐˜‚๐—ฟ๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„ ๐—ต๐—ผ๐—บ๐—ฒ ๐Ÿก
Even if you don't have to pay any interest or make any payments for awhile, new purchases come with new debt that will have to be factored in and can affect qualifying for your loan.

โœ… ๐——๐—ฒ๐—ฝ๐—ผ๐˜€๐—ถ๐˜ ๐—ฐ๐—ฎ๐˜€๐—ต ๐—ถ๐—ป๐˜๐—ผ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ฎ๐—ป๐—ธ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐Ÿ’ฐ
All money into and out of your accounts has be be accounted for during the mortgage process, even if not being used for the mortgage or a down payment. Talk with me about how to document unexpected or large deposits, especially cash deposits.

โœ… ๐—ค๐˜‚๐—ถ๐˜ ๐—ผ๐—ฟ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ ๐—ท๐—ผ๐—ฏ๐˜€. ๐Ÿ‘‹
Now isn't the time to make a move, even for a better opportunity... at least not without talking to me first about how it can impact your loan.

โœ… ๐—ข๐—ฝ๐—ฒ๐—ป (๐—ผ๐—ฟ ๐—ฒ๐˜ƒ๐—ฒ๐—ป ๐—ฐ๐—น๐—ผ๐˜€๐—ฒ) ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐˜€ โš ๏ธ
Don't take that new store card to save 10% on your purchase, don't pay off old debts or collections, and don't close or pay off any other accounts. Some of these actions can have unexpected consequences to your credit score, so be sure to talk with me first.

๐—ฅ๐—ฒ๐—บ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ, ๐—œ'๐—บ ๐—ฎ๐—น๐˜„๐—ฎ๐˜†๐˜€ ๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜๐—ผ ๐—ต๐—ฒ๐—น๐—ฝ. If any of these situations comes up and you're thinking of buying or refinancing soon, be sure to reach out to me for guidance.

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ต๐—ฒ๐—น๐—ฑ ๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ๐˜† ๐Ÿ‘ Average mortgage rates last week held steady, a ...
04/05/2021

๐Ÿ—“๏ธ ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ต๐—ฒ๐—น๐—ฑ ๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ๐˜† ๐Ÿ‘
Average mortgage rates last week held steady, a good sign after seeing rates creep up the last couple months.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ๐—น๐˜† ๐—ต๐—ผ๐—น๐—ฑ ๐˜€๐˜๐—ฒ๐—ฎ๐—ฑ๐˜†, ๐—บ๐—ฎ๐˜†๐—ฏ๐—ฒ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ ๐Ÿ‘
Average mortgage rates will likely move around a bit day-to-day this week, but should end the week similar to where they started or even a bit better. While it is not likely that rates will make any huge strides this week, it is likely to see improvement in rebate pricing (the credit you get towards closing costs from your lender, or the fee you pay to get a lower rate, often called 'points'). It is a great time to discuss getting prequalified to buy a new home or to consider refinancing the home you have now. Talk with your mortgage professional who shared this with you for details.

๐Ÿก ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed comments: This week we will get the minutes from last month's Fed meeting, but there is unlikely to be anything surprising to investors that would cause rates to move.
- Economic data: There is not a lot of data this week, and what we do have is unlikely to cause any movements in rates.
- Fed speech: Fed Chair Jerome Powell will be speaking at the IMF meeting on Thursday, but it is unlikely to affect rates.

๐Ÿ—“๏ธ ๐—›๐—ฎ๐—ฝ๐—ฝ๐˜† ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐—™๐—ผ๐—ผ๐—น๐˜€' ๐——๐—ฎ๐˜†! ๐Ÿคก While mortgage rates are not dropping to 1% (and likely never will) rates are still really ...
04/01/2021

๐Ÿ—“๏ธ ๐—›๐—ฎ๐—ฝ๐—ฝ๐˜† ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐—™๐—ผ๐—ผ๐—น๐˜€' ๐——๐—ฎ๐˜†! ๐Ÿคก

While mortgage rates are not dropping to 1% (and likely never will) rates are still really low.

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ณ๐—ถ๐—ป๐—ฑ ๐—ผ๐˜‚๐˜ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜„๐—ต๐—ฎ๐˜ ๐—ธ๐—ถ๐—ป๐—ฑ ๐—ผ๐—ณ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐˜† ๐—ณ๐—ผ๐—ฟ, ๐˜„๐—ต๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐—ฏ๐˜‚๐˜†๐—ถ๐—ป๐—ด ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐—ผ๐—ฟ ๐˜๐—ต๐—ถ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—ฟ๐—ฒ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ป๐—ด, ๐˜๐—ต๐—ฒ๐—ป ๐—ท๐˜‚๐˜€๐˜ ๐—ฟ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐—ผ๐˜‚๐˜. I'd be glad to answer any questions you have, show you what rates are available to you, and discuss why now is such a good time to buy a home or to refinance.

๐—˜๐˜ƒ๐—ฒ๐—ป ๐—ผ๐—ป ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿญ๐˜€๐˜ ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐—บ๐—ฒ ๐˜๐—ผ ๐—ด๐—ถ๐˜ƒ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ด๐—ผ๐—ผ๐—ฑ ๐—ฎ๐—ฑ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ฎ ๐—ด๐—ฟ๐—ฒ๐—ฎ๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ!

๐˜ˆ๐˜ฏ๐˜ฅ ๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ช๐˜ด ๐˜ข ๐˜ญ๐˜ช๐˜ต๐˜ต๐˜ญ๐˜ฆ ๐˜ฉ๐˜ช๐˜ด๐˜ต๐˜ฐ๐˜ณ๐˜บ ๐˜ง๐˜ฐ๐˜ณ ๐˜บ๐˜ฐ๐˜ถ ๐˜ข๐˜ฃ๐˜ฐ๐˜ถ๐˜ต ๐˜ˆ๐˜ฑ๐˜ณ๐˜ช๐˜ญ ๐˜๐˜ฐ๐˜ฐ๐˜ญ๐˜ด' ๐˜‹๐˜ข๐˜บ:
April Foolsโ€™ Dayโ€”celebrated on April 1 each yearโ€”has been celebrated for several centuries by different cultures, though its exact origins remain a mystery. April Foolsโ€™ Day traditions include playing hoaxes or practical jokes on others, often yelling โ€œApril Fools!โ€ at the end to clue in the subject of the April Foolsโ€™ Day prank. While its exact history is shrouded in mystery, the embrace of April Foolsโ€™ Day jokes by the media and major brands has ensured the unofficial holidayโ€™s long life.

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