Pickering Group

05/29/2026

Lock advice at a glance!
Current position: Float!
REPRICE RISK: Moderate

“Good news for buyers heading into the weekend… mortgage rates improved again after reports that the U.S. and Iran are making progress toward extending the ceasefire and reopening key oil shipping routes. Lower oil prices have been helping rates slowly move in the right direction.

Today’s rates should look a little better than earlier this week, and if peace talks continue moving forward, we could see additional improvement over the next few weeks. There’s still some risk if negotiations fall apart, but right now the market is reacting much more positively than it was just a couple weeks ago.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.

You can see the new LLPAs link in the comments.

05/22/2026

Lock advice at a glance!
Current position: Float!
REPRICE RISK: Moderate

“Rates are improving a little again today as news continues to point toward possible progress in peace talks overseas. Markets are reacting positively because lower tension could help bring oil prices back down, which is good news for mortgage rates.

There’s still some risk heading into the weekend because any bad headlines could quickly reverse things, but overall the mood has shifted more positive than earlier this week. If a deal eventually gets done, rates could continue improving over the next few weeks, though probably not back to the super low levels we had before all of this started.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.

You can see the new LLPAs link in the comments.

05/15/2026

Lock advice at a glance!
Current position: Lock!
REPRICE RISK: High

Yup, it's gonna be that bad today.

“Rates are moving noticeably higher today as oil prices continue rising and global markets react to the ongoing tensions in the Middle East. This is one of the bigger jumps we’ve seen in a while, and unfortunately, there’s not much relief in sight unless we start seeing real progress overseas and lower energy prices.

If you’re buying or refinancing soon, locking your rate may be the safer move right now. The good news is rates could improve again if tensions calm down, but for now the market is reacting cautiously and pricing is under pressure.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.

You can see the new LLPAs link in the comments.

05/15/2026

A tremendous win, not just for the file but for the relationship. Walking a brand new realtor through our process in real time, demonstrating how we navigate the unexpected and never lose sight of the client’s goal. This is what we do.

05/08/2026

Lock advice at a glance!
Current position: Cautiously float!
REPRICE RISK: Moderate

“Rates bounced around yesterday after markets reacted to more headlines out of the Middle East and stronger job numbers this morning. Normally stronger job reports can push rates higher, but today the market is staying surprisingly calm and rates are holding fairly steady.
The big thing right now is oil prices and the ongoing situation overseas. As long as things don’t escalate, rates likely stay in this same range. If progress continues and oil prices fall, we could see better mortgage rates heading into late May and early June.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.

You can see the new LLPAs link in the comments.

05/06/2026

Pierogie, it’s what’s for dinner!

05/01/2026

Lock advice at a glance!
Current position: Cautiously float!
REPRICE RISK: Moderate

“Rates improved a bit yesterday after a rough midweek, helped by lower oil prices and the market settling down. Today rates are about the same, maybe slightly worse, as some of that improvement fades. Overall rates are still on the higher side of where they have been and are slowly creeping up.

Unless we get a big surprise like weak job numbers or real progress overseas, it is unlikely rates will drop much in the short term. If you are closing soon, locking is still the safer move, while those with more time can afford to wait and see how things play out.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.

You can see the new LLPAs link in the comments.

04/24/2026

Lock advice at a glance!
Current position: Cautiously float!
REPRICE RISK: Moderate

“Mortgage rates are slipping a little this morning after improving on Friday. Nothing dramatic, more like a small step back. Markets look calm today, and we don’t expect any big surprises.

For now, rates seem more likely to stay around this level or slowly tick higher, especially with the government still shut down and job reports on pause. If you're closing soon or prefer peace of mind, locking now makes sense. If you’ve got time, floating is still okay — just keep an eye on things.

Bottom line: rates aren't jumping, but they’re not dropping either. We're in a “slow and steady” zone for now.”(want the full daily report, just email me the request)

Looking to see what rate and Program best fit your needs? To schedule an appointment and to provide me with basic information, link in comments.

Loan Level Price Adjustment Reminder: all lenders have already implemented the LLPA price adjustments, which are not favorable for most loans and will raise consumer rates.
You can see the new LLPAs link in the comments.

04/23/2026

04/23/2026

So proud of Reagan, Congratulations!