PNW Home Finance: Gary Wright, Mortgage Broker

04/20/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗳𝗲𝗹𝗹 👍
Rates continued to move lower for the third straight week, making the biggest gains on Friday after Iran announced it would fully reopen the Strait of Hormuz to commercial traffic. Although still higher than before the conflict began, rates are well below the highest levels seen just a few weeks ago.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝗹𝗼𝘄𝗲𝗿 👍
Rates this week will continue reacting to headlines about the ceasefire and reopening of the Strait of Hormuz, and are in a good position to creep lower if progress toward a final resolution continues. Don’t expect rates to only move lower, though, as we could still see some day-to-day increases while negotiations continue, like early in the week when Iran announced it would no longer allow ships through the strait, pressuring rates.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• The Middle East: Even when a resolution doesn’t seem close, markets remain optimistic the conflict with Iran will be resolved soon, helping both stocks and bonds and supporting mortgage rates. As long as the ceasefire holds, we could continue to see rates improve.
• Economic data: There is very little economic data this week, and it will not play much of a role in mortgage rates.

04/15/2026

You hear about the house price…
But no one really talks about closing costs 😅

That’s why a lot of people get surprised.

It’s not hidden... It’s just not explained well.

I make sure you know about it early.

✔️ We go over the numbers together
✔️ I show you what each cost means
✔️ We make a plan so nothing feels random

So when it’s time to close…
You’re not stressed. You’re ready.

What feels scary to other people just feels normal to you 🏡

If you want it to feel that simple.
Send me a message.

04/13/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗔𝗽𝗿𝗶𝗹 𝟭𝟯, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
Rates fell for a second straight week, although they remain higher than February levels before the conflict with Iran started. It may be quite a while before rates move that low again, especially if inflation continues to increase like we saw last week, pushed higher by gas and oil prices.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Rates this week could react to market movements caused by the negotiations and ceasefire between Iran and the U.S. If there is renewed military escalation, it is tough to anticipate how markets will react and how it could affect mortgage rates. However, although concerns about how this plays out continue, there is also a good chance that rates could end the week unchanged or even slightly better.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• Military action in Iran: The week starts with a breakdown in negotiations with Iran, including a U.S. blockade of Iranian ports. Depending on how things play out this week, rates could be volatile. One thing to note is that rates are no longer as strongly influenced by the price of oil at the moment.
• Economic data: There is very little economic data this week, and it will not play much of a role in mortgage rates.

04/08/2026

You see the home tours, but…

You don’t see everything happening behind the scenes to get you there 🏡

From shifting rates to changing market conditions, there’s a lot that can impact your path to homeownership & your mortgage. Timing can matter more than most people realize.

That’s where I come in.

My job is to stay on top of what’s happening so you don’t have to and help you make the right move when the time is right.

If you want a smoother path to homeownership, or to know what's happening in the market. Send me a message. I'm happy to talk with you.

04/06/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗔𝗽𝗿𝗶𝗹 𝟲, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
Rates fell for the first time in weeks last week on news that there could soon be an end to the conflict with Iran, despite stronger than expected employment data. Markets grew less worried about the possibility that the Fed may be forced to hike its policy rate this year rather than cut, which also helped ease pressure on mortgage rates.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 👍
It may prove to be overly optimistic, but there are still plenty of ways this week could play out with mortgage rates holding steady or even improving a bit further. That said, there is always the risk of volatility while military action continues in the Middle East, so stay in touch with your mortgage professional.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• Military action in Iran: There continues to be talk of a ceasefire, although it remains elusive. If a resolution is reached with Iran, rates will likely improve. Markets seem to think there will be a resolution soon, and mortgage rates have benefited from that belief.
• Economic data: There is an inflation report as well as a few smaller economic reports this week, although it is unlikely any of the data will cause any waves for mortgage rates.

04/01/2026

🗓️ Happy April Fools’ Day! 🤡

Mortgage rates are not dropping to 1% (that would be nice though 😅).

If you want to know what rate you could get, whether you’re buying a home or thinking about refinancing, just reach out!

I’m happy to answer your questions, show you your options, and help you decide what makes the most sense.

Even on April 1st, you can count on me to give you honest advice and a great rate

𝗙𝘂𝗻 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 𝗳𝗮𝗰𝘁:
April Fools’ Day is on April 1 every year. People play jokes on each other and say “April Fools!” after. No one knows exactly how it started, but people have been celebrating it for a long time.

04/01/2026

03/30/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟯𝟬, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Rates moved higher last week as the conflict in the Middle East continued without a resolution and the Strait of Hormuz remained largely closed. Mortgage rates were also pressured higher by concerns that the Fed may have to hike rates later this year rather than cut them.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Mortgage rates are hard to predict this week and could swing based on market sentiment around Fed policy, oil prices, labor data, and concerns about the economy as the conflict with Iran continues. Traders are growing more concerned about potential longer-term economic issues which may lead to a recession, which could help mortgage rates this week.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• Economic data: There will be multiple reports this week on the labor market, including Friday’s BLS jobs report, which could affect rates later in the week.
• The Fed: Markets are now concerned the Fed may hike rates rather than cut this year.
• Military action in Iran: The longer the conflict in the Middle East continues, the higher mortgage rates are likely to go. However, if a resolution is reached, rates would stabilize and should begin moving lower again, even if slowly.

03/25/2026

😬 When your dream home sells while you’re still at the open house…

Here’s the truth. The best homes don’t stay for long.
The people who get them are ready to buy right away.

Here’s why being pre-approved matters:

📋 It shows you’re serious
→ The seller knows you can actually buy the home

⚡ You can make an offer fast
→ No waiting, no missing out

💰 You know your budget
→ So you don’t guess or look at homes you can’t afford

🏡 Your offer looks stronger
→ Even better than some higher offers

✨ The people getting homes aren’t just lucky… they’re prepared.

Don’t just look at houses, be ready to buy one.

If you have any questions on how to stand out in the market, pre-approvals, or when you should start talking to a mortgage pro. Call me or send me a message.

03/23/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟮𝟯, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Rates began the week with slight improvement before moving much higher in the second half. Wednesday's Fed meeting and press conference pressured rates higher after markets began pricing in the possibility of a Fed policy rate hike this year rather than additional cuts. Rates jumped again on Friday as bonds sold off amid higher oil prices and escalating tensions in the Middle East.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Mortgage rates looked likely to move higher to start the week due to concerns over further escalation in Iran. However, after those attacks were postponed, markets rallied and rates are starting the week slightly better. Rates will continue to fluctuate based on the outlook for either a resolution in the Middle East or further military escalation.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• Economic data: There is very little data this week that will play a role in mortgage rates.
• Military action in Iran: The longer the conflict in the Middle East continues, the higher mortgage rates are likely to go. However, if a resolution is reached, rates would stabilize and should begin moving lower again, even if slowly.