Eric Roering, Mortgage Lender NMLS #209198

09/19/2024

Peeps of FB who need some clarity on todays Fed Rate cut: 📉

The Fed does not directly control mortgage rates. In fact, investors in mortgage-backed securities often act in anticipation of Fed moves. Rates had already dropped to their lowest levels of the year. It’s too early to know where they will settle after the Fed’s action.

Yes, its a great time to buy and I'd love to assist and educate you on how to make a competitive financial offer in todays market with a fantastic rate! 👍

07/12/2024

Rates improved during the week ending 07/12 after inflation data came in better than expected, supporting Fed policy rate cuts this year. Granite Mortgage is an Equal Housing Lender.

Markets in a Minute

07/10/2024

True or False: You can buy a home with 0% down?

The answer is TRUE! With certain loan programs like VA loans for veterans and active-duty service members, USDA loans for rural areas, and some conventional loan options, qualified buyers may be able to purchase a home with no down payment.

Curious to learn more about these options and see if you qualify? Reach out today!

07/08/2024

Did you know that broader market conditions can play a significant role in shaping your mortgage rates and terms? Economic trends, from inflation to Federal Reserve decisions, directly influence what you pay on your home loan. Whether you're a first-time buyer or considering refinancing, understanding these factors is crucial for navigating the mortgage landscape effectively.

07/04/2024

Happy 4th of July from Granite Mortgage! Wishing everyone a day filled with BBQ, fireworks, and celebrating the land of the free and the home of the brave!

07/03/2024

The answer is…MYTH!

When you pre-qualify for a home loan, you’re getting an estimate of what you might be able to borrow, based on information you provide about your finances, as well as a credit check. Pre-approval is as close as you can get to confirming your creditworthiness without having a purchase contract in place.

Ready to start the home buying process? Reach out and we can begin together!

07/01/2024

The number one tip for first-time buyers: Know your finances!

Knowing your credit score, income, and debt levels gives you a clear picture of your financial health. Understanding these aspects of your finances ensures you are well-prepared, which is crucial for a seamless homebuying experience. By fully understanding your financial landscape, you can approach the market confidently and secure that dream home you’ve been waiting for.

Ready to make that happen? Reach out today!

06/28/2024

Mortgage rates moved slightly higher during the week ending 6/28/24, even though there was little change in the economic outlook. Granite Mortgage is an Equal Housing Lender.

Markets in a Minute

06/26/2024

It's crucial you speak with a lender before jumping into the home-buying process.

Understanding your financial options and knowing the expectations that lie ahead are necessary to help move the process along faster.

Are you ready to start your home-buying journey? Reach out today!

06/24/2024

Did you know? One of the biggest perks of being a homeowner is the mortgage interest deduction. It’s like giving your taxable income a trim by deducting the interest you pay on your mortgage. This clever move can lead to a leaner tax bill, leaving more in your pocket for those home projects or savings goals.

06/22/2024

If faced with the choice of obtaining only one of the two, which would you prioritize: acquiring your dream home at current mortgage rates or purchasing a property that may not be your ideal choice, but with the interest rate you desire?

06/19/2024

Today, we honor Juneteenth, a day of freedom, reflection, and celebration. At Granite Mortgage, we recognize the importance of this historic milestone and stand in solidarity with the Black community. As we celebrate freedom and progress, let's continue to work towards equality and justice for all.