Blue Waters Mortgage and Real Estate Group

06/08/2026

Monday Market News
Mortgage News Daily
Mortgage Rates Just a Bit Higher After Last Week's Jump
By: Matthew Graham

The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today's level of 6.68% is the 3rd highest of the past 9 months.

Unlike Friday, there were no big-ticket economic reports driving volatility in rate markets. The only arguable cause and effect was seen earlier in the morning surrounding war-related headlines. These actually helped rates start the day lower than they otherwise would have.

As the week continues, investors will remain tuned in to war-related developments as well as an important inflation report on Wednesday morning (the Consumer Price Index or "CPI").

06/05/2026

Fun Fact Friday: Science & Space, Food & Flavor, The Human Body

⛱A sea of sand: There are more stars in the universe than there are grains of sand on all the beaches on Earth.

☁Heavy weather: A typical fluffy cumulus cloud weighs about 1.1 million pounds (500,000 kg).

💦Liquid paradox: Under special environmental conditions called the "triple point," water can boil and freeze at the exact same time.

🍑Genetic cousins: Peaches and nectarines are genetically identical, except for a single gene that controls whether the skin is fuzzy or smooth.

🥜Not a nut: Botanically speaking, a cashew is not a nut; it is a seed that grows on the bottom of a cashew apple.

🍕Hawaiian heritage: The popular Hawaiian pizza topped with pineapple and ham was not invented in Hawaii—it was actually created in Canada in 1962, by a Greek Man.

🧠Brain power: Your brain only accounts for about 2% of your total body weight, but it uses roughly 20% of your body's energy.

🤧Super speed: A sneeze can travel out of your nose at speeds of up to 100 miles per hour.

👀Blinking often: You blink about 15 to 20 times per minute, which adds up to nearly 28,800 times a day.

🌠the more you know

06/04/2026

Blue Waters Mortgage & Real Estate Group is truly honored to be nominated again! This time for 2026 Best Mortgage Broker and Best Real Estate Team in Style Magazines Reader’s Choice Awards.
Being a small, but mighty, boutique shop this is a big deal for us and we need your VOTE to secure the top place in the categories of Best Mortgage Broker and Best Real Estate Team 🥇

In order for your VOTE to count you need to cast at least 10 votes in different areas of business. You can’t go online and cast just one VOTE for us. Your VOTE won’t count. Remember to pick 10 businesses you feel are best of the best in Folsom/El Dorado Hills.

✅VOTING IS OPEN NOW ~ May 15th - July 15th
Click on the link below to VOTE now:
https://fedh.stylerca.com/

Cast your vote for the finest in Folsom / El Dorado Hills!

06/03/2026

What's Happening Wednesday?!?!

It's our fearless leader, Matt Sundermier's Birthday!!!! Help us wish our Prez an amazing birthday! We hope you're having a great day out on the water.....

06/01/2026

Monday Market News
Mortgage News Daily
Rates Pull Back Slightly
By: Matthew Graham

Following last week's relatively strong move to the lowest levels since May 14th, mortgage rates bounced slightly higher to start the news week. The move followed a clear shift in the Iran war news cycle with morning headlines citing Iranian officials saying the peace negotiation were effectively tabled as long as hostilities remained between Israel and Lebanon.

As a refresher, the Iran war is bad for rates primarily due to the actual and implied impact on inflation due to higher fuel costs. Bonds dictate rates and bonds hate inflation. There was an immediate and moderately sharp reaction in both oil prices and bonds right when this morning's news came out.

Fortunately, the damage was fairly mild for mortgage rates with the average lender moving up 0.04% to 6.60% for a top tier 30yr fixed scenario. This is still 0.10% lower than the most recent high of 5.70% seen on May 19th.

05/30/2026

Fun Fact Friday ~ Summer Blockbuster Edition

With The Mandalorian and Grogu, The Odyssey, Toy Story 5, Masters of the Universe, Spider-Man: Brand New Day, Supergirl & Disclosure Day coming out in the next few weeks, it looks like this summer's lineup will not disappoint! And this is just a few....

But let's take a look back at the top 10 highest-grossing movies of all time (based on worldwide box office earnings):

1.Avengers: Endgame ($2.79 billion) - Though released in late April, it anchored the early summer box office and became a global phenomenon.

2. Inside Out 2 ($1.69 billion) - Pixar's emotionally resonant sequel dominated the summer box office.

3. Jurassic World ($1.67 billion) - The massive 2015 revival of the dinosaur franchise.

4. The Lion King ($1.66 billion) - Disney's 2019 "live-action" reimagining.

5. The Avengers ($1.52 billion) - The 2012 superhero team-up that changed Hollywood.

6. Top Gun: Maverick ($1.49 billion) - The highly acclaimed 2022 legacy sequel.

7. Barbie ($1.44 billion) - The 2023 cultural phenomenon that became the highest-grossing film for Warner Bros.

8. Avengers: Age of Ultron ($1.40 billion) - The 2015 Marvel ensemble.

9. Harry Potter and the Deathly Hallows – Part 2 ($1.34 billion) - The epic 2011 conclusion to the beloved wizarding saga.

10. Deadpool & Wolverine ($1.33 billion) - The 2024 Marvel cinematic event

How many have you seen? Are you excited about any of the new releases? 🎬🍿🌞

05/29/2026

We often re-post the amazing information provided by Ryan Lundquist - Real Estate Appraiser.... today's earlier post is no exception. If you don't yet follow him, you should!!!! He provides insightful information in the real estate industry!

"A good reminder that the housing market isn't the same in every location. There is no national housing market just as there is no national weather forecast." Ryan Lundquist - Real Estate Appraiser

05/27/2026

What's Happening Wednesday ~ Orangevale Summer Palooza THIS WEEKEND!!!! 🍊

🌞Orangevale Summer Palooza is back—and it’s more than a festival. It’s a 63-year tradition of neighbors coming together to celebrate community, history, and good old-fashioned fun.

🎡You might remember it as Pow Wow Days or the Orangevale Town Fair—today it’s Summer Palooza, and the heart of the event is still the same: local flavor, live music, and unforgettable memories in our beautiful 36-acre park filled with green space, playgrounds, and walking trails.

🎪We’re proud to spotlight the small businesses, nonprofits, and youth programs that make Orangevale such a vibrant place to live. When you attend, you’re not just having fun—you’re supporting your community.

What’s waiting for you?

🎠Carnival rides
🎸Live music
🍕Delicious food
😄Activities for all ages

Last year, 8,200+ guests joined the fun—and this year will be even bigger and better.

Bring your family. Invite your friends. Stay for the memories.

Admission:
Children (age 0-5) Free
Youth (age 6-17) $3
Senior $3
General $4
SAVE Advance Unlimited Ride Wristband $30

Parking:
General vehicle $7
Oversize vehicle $10

*Handicap parking is available.
Phone: (916) 934-2207
www.ovsummerpalooza.com



🍊

05/27/2026

Tuesday Market News
Mortgage News Daily
Mortgage Rates Move Moderately Lower
By: Matthew Graham

Although mortgage rates are still relatively close to their highest levels in 9 months, they continue moving lower after hitting those highs as the beginning of last week. Today's improvement follows news over the weekend that the U.S. and Iran are even closer to agreeing on a framework that would end the war.

The war remains a key source of volatility for rates and other financial markets. In general, escalation and/or delays in the peace process are bad for rates. De-escalation and improved peace prospects are good for rates. While none of the news of the past 48 hours guarantees a speedy end to hostilities, the market viewed it as a step in the right direction.

Top tier 30yr fixed mortgage rates fell 0.04% for the average lender to hit 6.61%. Last Monday's level was 6.75%.

05/22/2026

We hope you enjoy your 3-day weekend, and remember those who gave all. Here are a few quotes to honor the brave men and women ❤️🤍💙 Thank you for your ultimate sacrifice.

“Our flag does not fly because the wind moves it. It flies with the last breath of each soldier who died protecting it.” — Unknown

“A hero is someone who has given his or her life to something bigger than oneself.” — Joseph Campbell

“Freedom makes a huge requirement of every human being. With freedom comes responsibility.” — Eleanor Roosevelt

“In the face of impossible odds, people who love their country can change it.” — Barack Obama

“The brave die never, though they sleep in dust: Their courage nerves a thousand living men.” — Minot J. Savage

“All gave some; some gave all. Remember them this Memorial Day.” — Unknown

“Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude.” — Harry S. Truman

“A nation that does not honor its heroes will not long endure.” — Abraham Lincoln

“For love of country they accepted death, and thus resolved all doubts, and made immortal their patriotism and their virtue.” — James A. Garfield

“Their silent graves speak louder than any words ever could. Remember them.” — Unknown

“Let their remembrance be as lasting as the land they honored.” — Daniel Webster

“We don’t know them all, but we owe them all.” — Unknown

“Never in the field of human conflict was so much owed by so many to so few.” — Winston Churchill