Bryant Ellam, Lake Michigan Credit Union, NMLS #1070665

12/24/2022

Wishing everyone a safe and happy holiday season!

12/23/2022

Here's this week's MBSQuoteline data! Stay safe!

This week, investors raised their outlook for monetary policy tightening by global central banks, mostly due to an unexpected change from the Bank of Japan. As a result, mortgage rates ended the week higher.

12/16/2022

Here is this week's rate data!

Keeping in mind that slower economic growth and lower inflation are favorable for bonds, a wide range of major economic news this week was mostly positive for mortgage rates. Both the US Fed and the European Central Bank announced the expected rate hikes this week and emphasized the need for additio...

12/13/2022

FHA loan limits increasing!

12/09/2022

Here's this week's data on rate movement!

With little major economic news this week, and several key events on tap for next week, mortgage markets were relatively quiet. As usual, trading volume has been declining as we approach the end of the year. Mortgage rates ended the week slightly higher.

12/06/2022

Updated conforming loan limits for 2023!

12/05/2022

Check out this week's mortgage news from MBSQuoteline:

It was a packed week for major economic events. The comments from Fed officials and the inflation data were favorable for mortgage markets, while the labor market report was not, and mortgage rates ended the week a little lower.

12/02/2022

Lock in your mortgage payments for good. With a conventional fixed-rate mortgage, your payments will only change if you refinance for a better rate.

Want to know how much house you can afford? Contact me today and let’s get started.

11/24/2022

Wishing everyone a safe and happy Thanksgiving!

11/11/2022

Many thanks to the Veterans out there for your service and sacrifice.

11/04/2022

Low rates and low down payments or friendly, expert service? At LMCU, you don’t have to choose, It’s no wonder we’re the number one purchase lender in Michigan.*

Looking to get pre-qualified? Message me to get started.