Matthew Ullrich, Mortgage LO Nmls#2600995

09/18/2024

Fed just announced .5% rate cut! The market has already priced in a rate cut, tomorrow we will see how much they priced in. Hopefully it was only .25% priced in to bring in even lower rates. DM me if your rate is too high and want to see about lowering it.

The first rate cut in years will affect many types of consumer products. Here's what it means for credit cards, mortgage rates, auto loans and savings accounts.

09/13/2024

https://www.marketwatch.com/story/mortgage-rates-are-falling-ahead-of-the-feds-planned-rate-cut-how-borrowers-can-capitalize-2c90e51c

The 30-year mortgage rate is averaging at 6.2% Freddie Mac said in its latest weekly survey on Thursday.

09/12/2024

DM me to see what you can really qualify for and real interest rates, not just some teaser rates.

Mortgage interest rates could soon be cut. Here are three critical mistakes to avoid once that happens.

09/08/2024

https://www.mortgagenewsdaily.com/markets/mortgage-rates-09062024

Mortgage rates have a long and storied history of making big moves on the day that the big monthly jobs report comes out.  In that regard, today was fairly normal.  Indeed, the jobs report came out and mortgage rates made their biggest move of the week, dropping to the lowest level...

08/25/2024

https://www.mortgagenewsdaily.com/markets/mortgage-rates-08232024

Every year, the Federal Reserve (aka "the Fed") gathers in Jackson Hole, WY with a bevy of other central bankers and academics to discuss and comment on monetary policy in a setting that's slightly less formal than normal.  Despite the scenic backdrop, Jackson Hole speeches by...

08/13/2024

Found this awesome opportunity to build your rental portfolio. Turn key! Already has tenants in place and works with a DSCR loan, super easy to qualify and start raking in more dough. DM me for more

08/12/2024

Did you buy in the last year? Your rate can get lowered and save you hundreds of dollars a month. DM me to find out how much you can save.

The mortgage refinance window finally opened on the week of Aug. 6, thanks to a drop in interest rates and a rise in bond yields.

08/04/2024

How much money would you need to save per month to make refinancing worth it? $100, $200, $500, $750, $1000? DM me to find out how much you can save.

08/03/2024

https://www.google.com/amp/s/www.foxbusiness.com/personal-finance/todays-mortgage-rates-august-2-2024.amp

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

08/01/2024

Have you checked to see if you can get a lower rate? DM me today to see what rate you can get now, may be lower than you think.

The Fed didn't cut rates today and rates then moved quickly lower.  Naturally, there's more to the story than that, but the paradox is a good reminder that the market reacts in real time to things that won't happen for months.   Specifically, the Fed's next...

07/31/2024

What was your interest rate? Do you know how much you would have paid over the life of the loan? Did you make a profit?

I will start... My first house was at 5.99% and if I paid for 30 years I would've paid $224,000. But it's only been 14 years and it's already "worth" $416,000. But I sold it 3 years ago and still made a huge profit. It was even better due to lower interest rates.

This is a real example of date the rate, marry the house.