Local Advantage Mortgage, LLC

Local Advantage Mortgage, LLC Aaron Montell
Loan Officer
NMLS:1231002
Local Advantage Mortgage, LLC
Company NMLS: 2361513 Aaron Montell - Mortgage Loan Originator
NMLS: 1231002

Mortgage rates dipped for the second week in a row, but bigger forces are quietly building in the background. Japan and ...
08/23/2026

Mortgage rates dipped for the second week in a row, but bigger forces are quietly building in the background. Japan and the U.S. stepped in this week to prop up the Japanese yen, a move we flagged as a risk two weeks ago.

The U.S. Treasury also announced it would double its buybacks of long-term government bonds, an unusual step aimed at holding down long-term interest rates. Both efforts fell flat by Friday, with long-term rates pushing back up to 20-month highs. Translation: this market is unsettled, and calm surface readings can be misleading. These are the moments that consumers need an advisor that understand these forces and can help them navigate the volatility.

Mortgage rates ticked down slightly last week, with the 15-year dipping back under 6%. The bond market that drives mortg...
08/17/2026

Mortgage rates ticked down slightly last week, with the 15-year dipping back under 6%. The bond market that drives mortgage rates was pulled in both directions. Softer inflation data pushed rates lower, but concerns about a weakening Japanese currency created new pressure to send them higher. Japan is one of the largest holders of U.S. government debt, so what happens with the yen quietly shapes your mortgage rate.

Our forecast: mortgage rates remain volatile, with no significant improvement expected near-term.

We are excited to support Junior Achievement - Rocky Mountain, Inc. annual silent auction! You can bid on a number of f...
08/11/2026

We are excited to support Junior Achievement - Rocky Mountain, Inc. annual silent auction! You can bid on a number of fantastic experiences, including memorable vacation getaways, sports packages, exclusive golf outings, fine food and drink, and concerts - all supporting Junior Achievment!

We're thrilled to contribute some fantastic auction items this year along with our friends from KBCO and 103.5 The Fox including tickets to see CAAMP!

Bid early, bid often! ๐Ÿ˜Ž

Browse the silent auction now through August 16 here: ๐Ÿ‘‰ https://e.givesmart.com/events/KQ2/i/_All/

The bond market flinched, then caught itself. A weak jobs report sent yields sharply lower Friday morning, but the move ...
08/10/2026

The bond market flinched, then caught itself. A weak jobs report sent yields sharply lower Friday morning, but the move mostly faded by the close. The bond market is fighting with different narratives, and right now it appears inflation is the prevailing one, the story bond investors are most concerned with.

However, there is a developing story around the free-fall in the value of the Japanese yen, and the implications that may have for the US Dollar and interest rates... stay tuned.

Bond yields have been trading around the key level of 4.64% for weeks. Eventually a decisive break one way or the other will happen. We will tell you exactly when we think that has happened.

Whether next week confirms the reversal or breaks the other way is exactly the kind of read we do for a living, and what sets us apart! ๐Ÿง

Please reach out for a free consultation.

Mortgage rates ticked higher this week, with the 30-year fixed landing on a slightly ominous 6.66% ๐Ÿ˜ˆ (cue the horror mo...
08/02/2026

Mortgage rates ticked higher this week, with the 30-year fixed landing on a slightly ominous 6.66% ๐Ÿ˜ˆ (cue the horror movie soundtrack) The 10-year Treasury yield climbed to 4.74%, its highest close in over a year.

The takeaway for buyers and refinancers? The market is unsettled, and unsettled markets are where a lot of money gets lost โ€” or captured โ€” in the timing of a rate lock.

A tenth of a point today can be tens of thousands over the life of a loan. That's why we watch this stuff every day โ€” and why we're one of the few brokers who can act on it.

Our senior loan officer holds the Chartered Market Technician (CMT) designation, the same credential used by Wall Street analysts, which gives us the confidence to time these markets rather than guess at them.

Have questions about where rates go from here, or how any of this affects your specific situation? Reach out anytime.

Happy 150th, . You're beautiful! ๐Ÿ˜
08/01/2026

Happy 150th, . You're beautiful! ๐Ÿ˜

The story this week is a bond market repricing. The 10-year Treasury spiked 14 bps to its highest level since January 20...
07/26/2026

The story this week is a bond market repricing. The 10-year Treasury spiked 14 bps to its highest level since January 2025, and mortgage rates also moved higher โ€” driven by a combination of forces: tariffs, strong flash PMI services data, Middle East tensions with Brent crude briefly surging above $100, and market positioning ahead of next week's Fed decision.

In this volatile market, we offer something virtually no other mortgage broker can offer: an expert technical analyst who carries the credentials of a Wall Street hedge fund โ€” the CMT designation.

When an 1/8th of a point could mean thousands of dollars over time, we want to give you the best chance to capture the best rate. Want to learn more? Send us a message, or follow our analysis at Macro to Mortgage

Or on Linkedin: https://www.linkedin.com/in/aaron-montell/?skipRedirect=true

#๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€

As we begin the week, energy prices are once again on the rise, and interest rates and mortgage rates are pulled higher ...
07/20/2026

As we begin the week, energy prices are once again on the rise, and interest rates and mortgage rates are pulled higher along with them. A surprisingly low CPI report for June, released last week, is being offset by the expected path for energy prices and the near-term effects on inflation amid renewed conflict in the Middle East.

Do you have questions about mortgage rates, and your specific situation? Reach out anytime!

and the 10-year Treasury both rose this week. Both are at the highest levels of the past few weeks, near the top of t...
07/12/2026

and the 10-year Treasury both rose this week. Both are at the highest levels of the past few weeks, near the top of the range we have seen over the past several months. The cost of energy also rose this week, but still well off recent highs. As we've said for the past few weeks, we expect to remain in this range for the foreseeable future. We expect the average 30yr fixed conventional to stay range-bound between 6.375% - 6.625% for the next few months.

As the 4th of July weekend winds down, we head into the new week with little changed over the past few weeks. The 10-y...
07/05/2026

As the 4th of July weekend winds down, we head into the new week with little changed over the past few weeks. The 10-year Treasury continues to hover around the key level of 4.5%. We don't expect much movement in either direction over the coming weeks.

Reach out with any questions, or for a free, no-obligation consult!

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Denver, CO
80504

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+13036382403

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