Nathan Hugh, NMLS #1881848

Nathan Hugh, NMLS #1881848 Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Nathan Hugh, NMLS #1881848, Loan service, 5860 Baker Road, Minnetonka, MN.

Let me leverage my extensive background to guide you through the mortgage process, ensuring clarity, reliability, and a path toward your homeownership goals with the assurance that I will strive to ensure you receive the best value for your investment.

Pricing/rates will move upwards as bond yields rise and bond prices fall.10-Year Treasury is up 5 bps to 4.2004Mortgage ...
03/11/2026

Pricing/rates will move upwards as bond yields rise and bond prices fall.

10-Year Treasury is up 5 bps to 4.2004

Mortgage backed securities are down 24 bps to 99.42 (UMBS 30YR 5%) Next level of support is 99.01.

Equities are mixed

Dow is down -.54% to 47,450
S&P 500 is +.01% to 6,782
Nasdaq is up .25% to 22,737

Gold is down -1.01% to 5,189
Oil is up +4.19% to 86.95

Oil, oil, oil. Futures remain higher, but below $100 a barrel as IEA begins release of strategic reserves.

Inflation came in at 2.4% last month, but everyone is looking at oil and the effect higher energy costs will have across the board.

Perspective: Interest rates are still better by .5% over last year. Purchasing now will save on appreciation and if rates were to dramatically fall in the future, one can refinance and still be ahead economically.

Call me if you need to take advantage of these rates.

Pricing/rates higher on Iran conflict news.10-Yr Treasury is up 10 bps to 4.0556%Mortgage backed securities are down 33 ...
03/02/2026

Pricing/rates higher on Iran conflict news.

10-Yr Treasury is up 10 bps to 4.0556%

Mortgage backed securities are down 33 bps to 100.12

Advice: in previous limited conflicts, bonds spiked, and receded in less than a week and bond yields dropped.

If conflict is prolonged, oil supplies disrupted and interest rates were maintained or increase due to long term inflationary pressure brought on by oil prices.

Equities have recovered from early morning sell-ff and heading for positive territory.

Gold is up 1.35% to 5,318

Oil is up 5.70% to 70.84.

Gas prices were higher at Costco this morning.

Non QM rates showed little movement this morning.

Rates are still at some of their lowest levels in over 3 years - if you want to take advantage of these rates, now's the time!

RATES AT LOWEST LEVEL SINCE SEPTEMBER 2022!10 YR is flat at 4.0366%Mortgage backed securities are up 2 bps at 100.36 (UM...
02/25/2026

RATES AT LOWEST LEVEL SINCE SEPTEMBER 2022!

10 YR is flat at 4.0366%

Mortgage backed securities are up 2 bps at 100.36 (UMBS 30YR 5%)

Equities and gold are positive- Oil is flat at 65.53

Odds of FED cutting rate next month- less than 4%
Odds of FED cutting rate in June - 50/50, with the pundits saying need more data.

With lower interest rates expect home prices to appreciate.

If the last three months appreciation rate were to be annualized, home appreciation would be over 5%.

Please contact me if you would like to take advantage of these lower rates.

Rates/pricing improve a fraction as Mortgage Back Securities rest of Fibonacci level of resistance at 100.38.10-Yr Treas...
02/24/2026

Rates/pricing improve a fraction as Mortgage Back Securities rest of Fibonacci level of resistance at 100.38.

10-Yr Treasury is at 4.038, below Fibonacci of resistance of 4.05, but has yet to test 4.0 level of support.

Equities are positive the Dow is at 49,190 (up .79%) S&P 500 is at 6,879 (up .62%) and the Nasdaq is at 22,848 (up .98%)

Gold is at 5,162 (down 1.19)
Oil is at 65.86 (down .69%)

Case Shiller Home Price Index reported home prices rose a seasonally adjusted .4% in December, with annual appreciation of 1.3%

Yesterday average rates fell to 5.99%. Lower rates will increase demand which will certainly increase home prices.

Projected rate decreases average .125% - .500% if unemployment continues to soften and inflation trend continues to subside.

Contact me if you would like to take advantage of this opportunity.

LOWEST RATES SINCE SEPTEMBER 2022! Pricing continues to improve10-Yr Treasury is down 5 bps to 4.03Mortgage backed secur...
02/23/2026

LOWEST RATES SINCE SEPTEMBER 2022!

Pricing continues to improve

10-Yr Treasury is down 5 bps to 4.03

Mortgage backed securities (UMBS 30YR 5%) improve by 9bps to 100.41 - seeing lowest rates since September 2022.

Equities are down Dow is at 48,804 -1.66%
S&P 500 down -1.04% to 6,837
Nasdaq is down -1.13% 22,627

Gold is up 3.41% to 5,253

Oil is up .02% to 66.49

Contact me if you would like to take advantage of these rates.

Rates calm despite hot inflation numbers being offset by low GDP readings and tariffs being found unconstitutional.10-Ye...
02/20/2026

Rates calm despite hot inflation numbers being offset by low GDP readings and tariffs being found unconstitutional.

10-Year Treasury is up 2bps to 4.0941

Mortgage backed securities (UMBS 30YR 5%) are flat at 100.25

Equities are are positive, DOW is +.10%, S&P 500 +.49% Nasdaq +.90%

Gold is still climbing at +1.69% to 5082.40

Oil is down -.23% to 66.28

Market expects admin to reimpose tariffs.

Inflation came in hotter than expected, with some blaming tariffs as more costs are being passed on to the consumer.

No change in odds in FED cutting rates in March meeting.

Rates are still at 3 year low.

Contact me if you would like to take advantage of these rates.

Pricing is slightly up from yesterday10-Treasury is up 1 bp to 4.08Mortgage backed security (UMBS 30YR 5%) is up 1 bp 10...
02/19/2026

Pricing is slightly up from yesterday

10-Treasury is up 1 bp to 4.08
Mortgage backed security (UMBS 30YR 5%) is up 1 bp 100.24

Fed minutes highlight differences in direction for Fed future., instead of normal consensus usually presented.

Odds of Fed keeping federal funds rate unchanged is between 92%-94%. (CME FedWatch Tool) June 7, 2026 meeting is favored for first rate cut, with 51% - 77% probability of a 25 bp rate reduction.

This is subject to the data, which could change on very short notice, especially if unemployment numbers spike, tempered by international bond markets.

Equities are negative -.59 -.39%

Gold is up .18% 5,018

Oil is up 2.29% to 66.67

Time to take advantage of rates? Contact me.

Pricing is mostly flat as mortgage bonds tested levels of resistance (but rates still at 3 year low).10-Year Treasury is...
02/17/2026

Pricing is mostly flat as mortgage bonds tested levels of resistance (but rates still at 3 year low).

10-Year Treasury is up 1 bp to 4.0559 after a low of 4.02.

Mortgage backed securities (UMBS 30 YR 5%) is down 7 bps to 100.29.

Equities are in positive territory (.02% - .23% after spending most of the morning slightly negative.

Gold is down 2.75% to 4,906.7

Oil is down 1.11% to $62.20 on positive US-Iran talks

Market is jittery over AI prospects

90% of consumers feeling cumulative effects of inflation, while revolving debt reached record highs (1.28 trillion) in early 2026

ASP Weekly Employment Report showed private employees added average of 10,250 jobs per week for January, which is considered anemic.

Consumer Sentiment is slightly up at 57.3 for February 2026, but still near historical low.

Contact me if you need to take advantage of the lowest rates in three years.

Conventional Note rate dips below 5%! on CPI at 2.4% (with a monthly annualize rate at 2%)10-Year Treasury is down 5 b...
02/13/2026

Conventional Note rate dips below 5%! on CPI at 2.4% (with a monthly annualize rate at 2%)

10-Year Treasury is down 5 bps to 4.05, next level of resistance is 4.00%

Mortgage back securities gained another 12 bps pushing yields lower (UMBS 30YR 5%)

Decreases in the rate of inflation due to cooler Shelter (Rents and Owner's Equivalent Rents lowered to .2% while Lodging Away stayed flat (airline fares rose at 6.5% rate)

Bond market appears to have discount BLS jobs numbers and with inflation numbers falling within estimates with mostly tame inflation has not moved the odds of a FED rate cut in March (still at 92 -93% probability the FED will not change current rates).

Expect mortgage margins to continue to compress as inflation drops and bond markets expect flat or negative job growth.

Contact me if you would like to move on these low rates.

If you can afford to get into a house, do it now, before increased demand, increases prices beyond affordibility.
02/12/2026

If you can afford to get into a house, do it now, before increased demand, increases prices beyond affordibility.

02/10/2026

Looking to buy or sell in Orcutt?

Contact me today!
805-878-5056
[email protected]

Address

5860 Baker Road
Minnetonka, MN
55345

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 7pm
Saturday 9am - 5pm
Sunday 9am - 5pm

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