Dale Seaman - Certified Mortgage Advisor

01/31/2023

Mission:
To enrich people’s lives FROM A PLACE OF GRATITUDE by giving back to those who selflessly serve us every day.

10/14/2022

I love the views from my office. It's peaceful........

10/13/2022

12 Month Median Sale Price History for the 6 Major Denver Metro Counties

10/13/2022

When will inflation peak?

09/27/2022

What the Recent Fed Hike Could Mean for the Housing Market?

Recently, the Fed hiked the Fed Funds Rate by another 0.75%. This was the fifth rate hike of the year and the Fed also projects hiking another 1.25% this year, which may mean another 0.75% hike in November and 0.5% in December.

Remember, the Fed Funds Rate is the overnight borrowing rate for banks, and it is not the same as mortgage rates.

But you may be wondering: How does this move in the Fed Funds Rate affect mortgage rates?

Mortgage rates are primarily driven by inflation, which is at a 42-year high. When the Fed hikes the Fed Funds Rate, they are trying to slow the economy and curb inflation. If the Fed is successful in cooling inflation, mortgage rates should decline. History proves this during rate hike cycles for the past 50 years.

But if the market doesn’t believe the Fed can get control of inflation, we could see more volatility in mortgage rates.

I’m here to help you navigate these uncertain times and find you the best opportunities for a purchase or refinance.

08/11/2022

5.0 star review received on Experience.com for Dale Seaman by Raquel D - Communication, encouragement when I had doubts, and clear explanation of the program.

Click to see all 40 reviews of Dale Seaman,
Mortgage Advisor | NMLS # 307697

06/14/2022

5.0 star review received on Experience.com for Dale Seaman by Grace W - Dale is very knowledgeable and always updates me the information that I need to know, than you

Click to see all 39 reviews of Dale Seaman,
Mortgage Advisor | NMLS # 307697