What are the opening hours?

Monday 8am - 9pm Tuesday 8am - 9pm Wednesday 8am - 9pm Thursday 8am - 9pm Friday 8am - 9pm Saturday 8am - 9pm Sunday 8am - 9pm

Jake Malesh, Mortgage Broker NMLS #2129513

Home
United States
Merritt Island, FL
Jake Malesh, Mortgage Broker NMLS #2129513

Providing opportunities for low rates, hassle free mortgages for buying or refinancing a home throughout Florida. We specialize in efficient, personal service.

We are a small mortgage broker shop in Brevard County. Our founder, Charles Dwyer, has been in the industry for over 25 years as a broker and underwriter. Keeping the borrower well informed of the loan process is crucial to a great loan experience. We are available 7 days a week to take your calls, questions and applications!

04/24/2023

🏡 For the week of April 24, 2023

Recap of last week: Rates slightly higher 👎
Rates crept higher last week as expectations shifted that the Fed will not need to cut rates as quickly as was previously expected.

Mortgage Rate Forecast: Rates should hold steady 👍
Rates are unlikely to make any big moves this week, although we could see some day-to-day movement from reactions to economic data. It is unlikely we see rates move significantly higher or lower though, meaning we are unlikely to see moves of more than .25%. There will be no Fed speakers this week, they are gagged ahead of next week's Fed meeting. Next week is much more likely to see rates move with the Fed meeting and jobs data, when rates could go either way depending on how things play out.

🗓️ What's affecting rates this week:
- Economic data: Although there is no data on Monday, the rest of the week has data that could influence rates, including consumer confidence data, durable goods data, first quarter GDP readings, and PCE inflation data on Friday which is the Fed's preferred gauge of inflation.
- Fed outlook: Markets are pricing in a rate hike to fight inflation at next week's Fed meeting, and are expecting the Fed to pause further hikes but to hold its policy rate at 5% before possibly starting to cut rates in September.

04/21/2023

🏡🚀 Hey there, real estate agents and homebuyers! 🤝👋

I've got some 💥EXCITING💥 news to share!

Despite what the mainstream media has been saying, the new adjustments to mortgage rate pricing can actually help those with limited down payment funds💸.

💡𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄❓
The new adjustment structure that the media is talking about actually helps borrowers of ALL credit scores who are putting less money down by reducing fees from what they were a few months ago! 🎊✨

Yes, you heard that right! 😲👍
Lower down payment = lower fees than last year!💰💰💰

💪 Let's work together to make homeownership a reality for everyone! 🤗🌟

Don't forget to share this post with your networks to spread the word about these positive changes. 🗣️📣

🏘️ 🤝🏘️ 🏆🏠

04/17/2023

🏡 For the week of April 17, 2023

Recap of last week: Rates slightly higher 👎
Rates were up a little bit from recent lows, but not by much. Rates moved higher early in the week, then were a little better on Wednesday after the inflation data showed inflation has fallen to the lowest level since May 2021 before moving up a bit as the week ended. Although slightly worse than the week before, rates are still well below March highs.

Mortgage Rate Forecast: Rates could creep higher 👎
Right now the door is open for rates to creep a bit higher this week, as expectations shift that the Fed will not need to cut rates as quickly as was previously expected. If markets don't think the Fed will need to cut rates to fight off a coming recession, we are unlikely to see any big improvements in rates this week.

🗓️ What's affecting rates this week:
- Fed outlook: Mortgage rates are pricing in an expectation that the Fed will raise its policy rate .25% at the May 3rd meeting, and then pause hiking rates. Changes in the expectations of future Fed rate cuts could influence mortgage rates this week.
- Fed speakers: A lot of speeches this week, some may catch the attention of markets and influence the expectations of which direction the Fed will go next.
- Economic data: No big data to worry about this week.

04/10/2023

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗔𝗽𝗿𝗶𝗹 𝟭𝟬, 𝟮𝟬𝟮𝟯

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
In the middle of last week average mortgage rates hit some of the lowest levels seen since January, before rising on Friday as strong jobs data pushed markets to expect the Fed to hike its policy rate again in May. Rates still ended the week slightly lower.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Mortgage rates will find direction this week depending on how markets react to inflation data, as well as speculation of a possible Fed rate hike in May. Markets are expecting a rate hike to come, but if that changes we could see rates improve. We could see rates move more than normal this week, with Wednesday likely to be the most volatile day for rates.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: This week we will get the CPI consumer inflation data for March, which if it shows inflation is slowing down could help mortgage rates. A report showing that inflation remains stubborn though could see rates move slightly higher. Wholesale inflation data comes out on Thursday, with a smaller chance of affecting rates.
- Fed minutes: The minutes from last month's Fed meeting will be released on Wednesday, and markets will be looking for signs on whether the Fed will hike its rate in May or not.

04/07/2023

🏠🐰👀 NO BUNNY KNOWS MORTGAGES LIKE I DO! 🤣

Whether you're looking to hop into a new home or refinance your current burrow, I've got you covered! 🐇🏡

Ready to hop on your mortgage journey? Text or call me today to hop to it! 📱🐰👍

🏠🐰👍

04/03/2023

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗔𝗽𝗿𝗶𝗹 𝟯, 𝟮𝟬𝟮𝟯

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Last week saw mortgage rates move up from the previous week's lows, but were still better than the first half of March. Rates were pretty consistent through the week, with little movement day-to-day and no real volatile days.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗺𝗼𝘃𝗲 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Now that the banking turmoil has died down, and markets have been assured that this isn't a systemic failure reminiscent of 2008, expectations of a Fed rate hike in May have increased. That is pressuring mortgage rates for the week. We could see rates do well early in the week, but should be careful near the week's end as the jobs data could push mortgage rates higher.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: Jobs data comes on Friday this week, which is Good Friday. Normally the bond market is closed on Good Friday, but it will be open with an early close of 2pm because of the jobs data, while the stock market will be closed for the day. Due to the holiday weekend, we may see more volatility than usual, and rates could move higher quickly if the jobs data shows a strong labor market.
- The Fed: As markets anticipate future Fed rate movements, mortgage rates will be affected. Fed members speaking this week could swing sentiment.

03/31/2023

🚨 𝗗𝗼𝗻'𝘁 𝗹𝗲𝘁 𝘁𝗵𝗼𝘀𝗲 𝗼𝗻𝗹𝗶𝗻𝗲 𝗮𝗱𝘀 𝗳𝗼𝗼𝗹 𝘆𝗼𝘂 😲

Rates have moved down recent weeks, but many online ads are advertising rates that are simply not attainable just to get you to contact them, but they can't really close you at that rate (this is often called bait-and-switch). 😡

These ads can make you question if you're getting a good low rate, or if you should be looking elsewhere.
👉 𝗗𝗼𝗻'𝘁 𝗹𝗲𝘁 𝘁𝗵𝗲𝗺 𝗺𝗮𝗸𝗲 𝘆𝗼𝘂 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳.

𝗜𝗳 𝗜'𝗺 𝗾𝘂𝗼𝘁𝗶𝗻𝗴 𝘆𝗼𝘂 𝗮𝗻 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝗶𝘁 𝗯𝗲𝗶𝗻𝗴 𝗮𝘁𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗮𝗻𝗱 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗹𝗼𝘄 𝗿𝗮𝘁𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗿𝗮𝘁𝗲 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁. You don't have to fear you'll overpay or be taken advantage of when you work with me, and you can be assured that the rates I quote you are not bait-and-switch rates like these online ads.

✅ 𝗜𝗳 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝘁𝗮𝗹𝗸 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘄𝗵𝗮𝘁 𝗿𝗮𝘁𝗲𝘀 𝘄𝗼𝘂𝗹𝗱 𝗹𝗼𝗼𝗸 𝗹𝗶𝗸𝗲 𝗳𝗼𝗿 𝘆𝗼𝘂 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴, 𝗼𝗿 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗼𝘂𝘁 𝘁𝗵𝗲𝗿𝗲 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝘁𝗼 𝗯𝘂𝘆 𝗮 𝗵𝗼𝗺𝗲, 𝗷𝘂𝘀𝘁 𝗹𝗲𝘁 𝗺𝗲 𝗸𝗻𝗼𝘄. I'd be glad to run the numbers for you and to talk about how we can get you a low rate... just maybe not as low as the liar ads you see online.

03/27/2023

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟮𝟳, 𝟮𝟬𝟮𝟯

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍🏻
Rates were volatile last week as expected, but ended the week better as markets grew convinced the Fed would be forced to make March the last policy rate hike and would have to cut rates as soon as June despite Fed members signaling otherwise. The week ended with hope that we might see rates drop further this week based on market sentiment from Friday.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝗰𝗵𝗼𝗽𝗽𝘆 ⚠️
The outlook for rates this week not looking as good as they did Friday after seeing rates move higher to start the week due to market sentiment shifting. Markets now speculating that the Fed could raise rates again in May, and although still anticipating rate cuts, markets now think those cuts will come later in the year. The outlook shifts quickly though, and any news that leads markets to anticipate an end to Fed rate hikes will help mortgage rates.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: Data later in the week includes GDP numbers and PCE inflation data. Signs of reduced inflation or economic slowdown could help rates.
- The Fed: As markets anticipate future Fed rate movements, mortgage rates will move up and down. Fed members speaking this week could swing sentiment, as well as any bank drama news.

03/24/2023

🎉🏠 𝗚𝗿𝗲𝗮𝘁 𝗻𝗲𝘄𝘀, 𝗲𝘃𝗲𝗿𝘆𝗼𝗻𝗲! 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗿𝗮𝘁𝗲𝘀 𝗵𝗮𝘃𝗲 𝘁𝗮𝗸𝗲𝗻 𝗮 𝗱𝗶𝗽! 💰📉

Now is the PERFECT time to seize this opportunity and secure your dream home 🏡✨

𝗗𝗼𝗻'𝘁 𝗺𝗶𝘀𝘀 𝗼𝘂𝘁 𝗼𝗻 𝘁𝗵𝗲𝘀𝗲 𝗿𝗮𝘁𝗲𝘀!

Connect with me today, and let me tell you all about it. 🤝🔑

03/20/2023

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬, 𝟮𝟬𝟮𝟯

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
Mortgage rates improved again last week, for a second week in a row, as concerns about the global banking system continued to lead markets to believe that the Fed will not be able to raise rates as high as was expected just a few weeks ago.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝘄𝗶𝗹𝗹 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
This week could see some of the most volatile mortgage rates we've seen in months, with rates moving day-to-day as well as during the day, depending on how the Fed meeting plays out and if there is anymore fallout in the banking sector. This is a good week to stay in close contact with your mortgage professional.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
Fed fireworks: The Fed meets this week, and for the first time in over a year there is a question of if it will raise its policy rate and by how much. The Fed will release its policy statement at 2pm ET on Wednesday along with a forecast of its policy rate called the 'dot plot', followed by a press conference by Fed Chair Powell. This is the first time the Fed will be able to comment on the recent 'banking crisis' events after being in a media blackout period ahead of the FOMC meeting. Depending on what is said and how markets react, we could see rates fall lower or move quickly higher.

03/17/2023

𝗛𝗮𝗽𝗽𝘆 𝗦𝘁. 𝗣𝗮𝘁𝗿𝗶𝗰𝗸'𝘀 𝗗𝗮𝘆, 𝗲𝘃𝗲𝗿𝘆𝗼𝗻𝗲! 🍀🌈🌟

Just like the pot of gold at the end of the rainbow, we've got some exciting news for you! Mortgage rates have dropped, and it's the perfect time to buy a home or refinance.

𝗦𝗼, 𝗱𝗼𝗻'𝘁 𝗿𝗲𝗹𝘆 𝗼𝗻 𝗹𝘂𝗰𝗸 - 𝘁𝗮𝗸𝗲 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲 𝗼𝗳 𝘁𝗵𝗲𝘀𝗲 𝗴𝗿𝗲𝗮𝘁 𝗿𝗮𝘁𝗲𝘀 𝗮𝗻𝗱 𝘀𝗮𝘃𝗲 𝘀𝗼𝗺𝗲 𝗴𝗿𝗲𝗲𝗻! 💰💸
𝗪𝗵𝗼 𝗻𝗲𝗲𝗱𝘀 𝗮 𝗹𝗲𝗽𝗿𝗲𝗰𝗵𝗮𝘂𝗻 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂'𝘃𝗲 𝗴𝗼𝘁 𝗮 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗯𝘆 𝘆𝗼𝘂𝗿 𝘀𝗶𝗱𝗲?

Contact me today to make your homeownership dreams come true! 🏡👍

03/13/2023

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟭𝟯, 𝟮𝟬𝟮𝟯

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 👍
Mortgage rates last week were creeping higher, but improved on Friday on news that Silicon Valley Bank had to be saved by the FDC. This news overshadowed the jobs data, what was expected to be the biggest event of the week. Mortgage rates benefited from traders seeking safety in the bond market, helping rates improve.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗶𝗻𝗴 𝗹𝗼𝘄𝗲𝗿 👍
Mortgage rates will move lower this week, as concerns skyrocket over what is being called a "banking crisis" in the media. Whether truly a crisis or not, market reactions to this situation will help mortgage rates move lower.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Banking crisis: The unfolding reaction to this situation has markets expecting the Fed to lower rates in 2023 contrary to previous expectations that the Fed would raise rates. This is the primary factor in mortgage rates this week.
- The Fed: Mortgage rates are likely to move lower on updated expectations that the Fed will have to stop raising rates to fight inflation, and will even have to lower rates later in the year.
- Economic Data: Tuesday's CPI inflation data would have been a major event for mortgage rates before the current banking situation, but will now take a back seat.

Address

2617 Trails At Hidden Harbor
Merritt Island, FL
32952

Opening Hours

Monday	8am - 9pm
Tuesday	8am - 9pm
Wednesday	8am - 9pm
Thursday	8am - 9pm
Friday	8am - 9pm
Saturday	8am - 9pm
Sunday	8am - 9pm

Website

http://www.jakemaleshmortgage.com/

Alerts

Be the first to know and let us send you an email when Jake Malesh, Mortgage Broker NMLS #2129513 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Jake Malesh, Mortgage Broker NMLS #2129513:

Shortcuts

Want your business to be the top-listed Finance Company in Merritt Island?