Home Equity Mortgage: Nancy Releford, Mortgage Broker NMLS #186749

06/15/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
Rates started last week a little higher but ended lower after reports surfaced that a peace deal with Iran was close and could possibly be signed over the weekend. Even though both consumer and wholesale inflation continued to rise, markets largely expected those increases, so mortgage rates showed little reaction.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗺𝗼𝘃𝗲 𝗹𝗼𝘄𝗲𝗿 👍
With a peace agreement now in place and the Strait of Hormuz expected to fully reopen, oil prices have fallen and mortgage rates could continue to improve. The biggest test this week comes Wednesday when new Fed Chair Kevin Warsh holds his first Fed meeting and press conference.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• The Middle East: The peace agreement is expected to be formally signed Friday, and the reopening of the Strait of Hormuz should help bring oil prices lower. That would ease inflation concerns and help mortgage rates improve over coming weeks.
• The Fed: Wednesday's Fed meeting could create some volatility in mortgage rates, especially during and after Chair Warsh's press conference as markets assess the Fed's outlook for future rate policy.
• Juneteenth: Markets and many mortgage companies will be closed on Friday.

06/12/2026

Don’t Major In Minor Things!

What if working less was the secret to better results? The highest achievers don’t work more hours, they simply get more done in the hours that they do work. Often working harder or longer hours can be a straight path to burnout if you aren’t making progress or getting closer to where you want to be. The key is to commit to spend the time you do have on the right things vs. more things. Don’t dilute your efforts by spreading yourself to thin and just being busy. Being busy is the illusion of progress.

06/10/2026

This is normal, right?

You find the perfect house online.
You schedule a showing.
You fall in love.

Then you start looking for a mortgage.

The problem?

❌ You might find out the house costs more than you can afford.

❌ You could miss out on loan programs or down payment assistance that could save you thousands.

❌ You may not know what monthly payment actually fits your budget.

❌ And while you're figuring all that out, another buyer who's already pre-approved may submit an offer first.

Getting pre-approved before you start house hunting doesn't mean you're committing to buy a home.

It simply helps you with:
✔️ How much home can you afford
✔️ Have more people take you seriously
✔️ How much money can you save

The best first step in buying a home isn't finding a house.

It's finding out what you can buy before you start shopping.
Reach out to me or send me a message if you want to start looking around or have any questions.

06/08/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗻𝗲 𝟴, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Rates moved higher last week, with the biggest moves coming on Friday in reaction to much stronger than expected jobs data. The jobs report smashed expectations, with more than twice as many new jobs created as forecast. The strong labor market makes it even more likely that the Fed will raise its policy rate this year to fight inflation.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
After last week's early headlines that Iran could be pulling out of peace talks proved to be inaccurate, there was still no meaningful progress toward a deal. Rates will continue to move alongside oil prices, as well as be affected this week by both consumer and wholesale inflation reports and continued headlines coming out of the Middle East.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• The Middle East: Despite talks dragging on, mortgage rates are still likely to move along with headlines about any progress toward a deal that could reopen the Strait of Hormuz to commercial shipping traffic.
• Economic data: Inflation is bad for rates, pushing them higher, and we could see rates react to both consumer and wholesale inflation data this week if they show inflation continues to increase.

06/05/2026

Fix The Tire That’s Flat!

Continuous improvement is an ongoing process spurred on by a lack of contentment or lack of tolerance of the status quo. I believe that the key to improvement starts with knowing the areas where improvement would have the biggest impact on your bottom-line results. You can’t get better at everything, just be sure you aren’t getting better at the wrong things, I call that mis-directed self-improvement. If you are digging hole in the wrong place digging them deeper won’t help.

06/04/2026

06/03/2026

𝗪𝗵𝗮𝘁 𝘆𝗼𝘂𝗿 𝗯𝗮𝗻𝗸 𝗵𝗼𝗽𝗲𝘀 𝘆𝗼𝘂 𝗻𝗲𝘃𝗲𝗿 𝗹𝗲𝗮𝗿𝗻 👀

Making extra payments on your mortgage can potentially save you a LOT of money.

Here’s why:

👉 Every extra dollar you pay toward the 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗮𝗹 lowers the amount you owe.

That means:
✅ Less interest paid over time
✅ More equity in your home
✅ A faster path to owning your house outright

A few things to remember:

👉 The sooner you make extra payments, the more they help.

👉 Small extra payments add up. You don’t have to wait until you can make a huge one.

👉 Ask your loan servicer to apply extra money to 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗮𝗹 𝗼𝗻𝗹𝘆.

Even one extra payment each year can make a big difference over the life of your loan.

Save this post for later and send it to someone who owns a home. 👇

06/01/2026

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗻𝗲 𝟭, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗹𝗼𝘄𝗲𝗿 👍
Rates fell for a second straight week, although the improvement was modest as peace talks with Iran continued to drag on without a final resolution. All other factors continued to take a back seat, with mortgage rates reacting almost solely to events in the Middle East.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Rates will continue reacting to headlines about a potential peace deal with Iran, and that news was already volatile this morning. Unconfirmed reports that Iran may walk away from negotiations and fully block the Strait of Hormuz pushed mortgage rates higher to start the week. With markets closely tracking developments in the Middle East, rates will likely remain difficult to predict this week.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• The Middle East: Mortgage rates will continue to react to headlines about peace deal negotiations. When oil prices fall, rates tend to improve. When oil prices rise, rates tend to move higher. Expect some day-to-day volatility, and even changes during the day, as markets respond to new developments.
• Economic data: Although this is a big week for labor market data, it is unlikely the data will have as much impact on mortgage rates as usual.

05/29/2026

Top Producers Do The Hard Stuff!

Those who seem to always struggle to achieve what they want envy the results of those who get the best results, they just don’t envy what it took to achieve those results. Top producers in any endeavor do the hard stuff, the things most under-achievers won’t do. Doing the hard stuff creates opportunities, if it’s easy the opportunities will be small.