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Brandi Elgen 1213496 Brandi Elgen | Producing Branch Manager | NMLS #1213496
Cross Country Mortgage | NMLS #3029 Brandi Elgen NMLS # 1213496

Cross Country Mortgage NMLS # 3029

A few minutes to close. A few days to fund. Tap your home equity with CCM Equity Express Fixed for a fixed rate or Flex ...
10/15/2026

A few minutes to close. A few days to fund. Tap your home equity with CCM Equity Express Fixed for a fixed rate or Flex for a variable rate. Use the money any way you choose. Contact us to learn more.

Rates put on quite a show this week.Monday and Tuesday brought a bit of relief as oil prices eased on Middle East headli...
09/25/2026

Rates put on quite a show this week.
Monday and Tuesday brought a bit of relief as oil prices eased on Middle East headlines.
That calm didn't last. By midweek, stronger than expected economic data flipped the script, reviving fears of another Fed rate hike and pushing things back up fast.
If you're watching rates hoping for a clear signal, this week is proof there isn't one. Markets can turn on a single data point.
DM me and let's run your numbers. 📊

Wanting to own a home is the ultimate green flag.
09/23/2026

Wanting to own a home is the ultimate green flag.

FHA loans are one of the most popular options for first-time buyers. Swipe through to learn the basics 🏡
09/21/2026

FHA loans are one of the most popular options for first-time buyers. Swipe through to learn the basics 🏡

The Fed hiked rates this week for the first time since 2023. Here's why it barely moved the needle.Monday opened with ma...
09/18/2026

The Fed hiked rates this week for the first time since 2023. Here's why it barely moved the needle.

Monday opened with markets already bracing. The Fed's two-day meeting was on deck, and the 10-Year Treasury was knocking on the door of 5% — a level it hadn't touched since 2007. The market was pricing in an 88% chance of a hike, and sticky inflation plus a resilient jobs market gave the Fed little reason to hold.

Tuesday made history. The 10-Year crested 5.04%, breaking through the psychological threshold that traders had been watching all year. Manufacturing activity softened — the Empire State index dropped 13 points from August — but it wasn't enough to change the Fed's calculus.

Wednesday confirmed it. Oil hit $104 a barrel as Iran tensions kept pushing energy prices higher. Retail sales came in strong, up 1.2% month over month for August. Import prices beat expectations. The Fed hiked.

Then Thursday's relief evaporated by Friday. Yields climbed back toward 5% as investors refocused on what the hike actually means: the Fed isn't done fighting inflation, and oil prices aren't helping.

A rate hike, $104 oil, and yields at 19-year highs — that's the environment we're in. If you have a purchase in mind, getting locked and pre-approved now is one of the few things you can actually control.

DM me and let's run your numbers. 📊

What's your favorite part of homeownership?
09/16/2026

What's your favorite part of homeownership?

Refinancing 101 🏡Swipe to see how it works! And why so many homeowners are considering it right now.
09/14/2026

Refinancing 101 🏡
Swipe to see how it works! And why so many homeowners are considering it right now.

Rates hit new highs this week, and the data behind it wasn't pretty.Tuesday opened with small business optimism already ...
09/11/2026

Rates hit new highs this week, and the data behind it wasn't pretty.

Tuesday opened with small business optimism already slipping — the NFIB index came in below the prior reading, with owners citing inflation as their top concern ahead of taxes and weak sales.

Wednesday escalated things fast. Oil crossed $100 a barrel after the U.S. attacked Iranian oil tankers in the Strait of Hormuz and Iran responded with missile launches on U.S. bases in Jordan. Energy prices feeding into inflation is exactly what the Fed doesn't want to see right now. Add in a jobs market that keeps running hotter than expected, and the odds of a 25-basis point hike at the September Fed meeting shifted to around 62%.

Wednesday's PPI data made it worse. Producer prices jumped to 5.4% year over year for August — above July's 4.8% and above the 5.3% forecast. Core PPI, which strips out food and energy, rose 4.6%. The 10-Year Treasury yield hit a new 52-week high on the news.

The Iran conflict isn't going away, and as long as oil stays elevated, inflation has a floor.

A rate hike this month is looking more likely than not. If you have a purchase in mind, getting locked in sooner rather than later is worth a real conversation. DM me and let's run your numbers. 📊

Address

3425 Coffee Road Suite 2C
Modesto, CA

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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