KDM Lending Team

10/07/2026

🚨🚨 DAILY MORTGAGE MARKET UPDATE 🚨🚨
7.7%?! NOT TODAY, SATAN! 😂

🏡 MORTGAGE RATES

Yesterday: 7.56%
Today: 7.59% 📈

That's +0.03%. But trust me, today's story is WAY more interesting than that. Mortgage rates started the morning ABOVE 7.7%!

Yep. The bond market woke up and chose violence. Again. 😂
Then, about 30 minutes later, something beautiful happened.

BONDS STARTED RECOVERING!

Lenders began improving their pricing, and by the afternoon, nearly everyone had lowered rates at least once. We went from a potential disaster to a pretty decent recovery.

🤔 WHAT THE HELL HAPPENED?

The 10-year Treasury briefly hit roughly 5.36%, its highest level since 2002. Then buyers stepped in, pushing yields back toward 5.28%.

A solid Treasury auction helped calm things down, while oil prices also retreated. Lower bond yields generally help mortgage pricing.

The catch?
We're STILL at 7.59%.

That's like getting punched in the face, then celebrating because the second punch missed. 😂

📈 WHAT ABOUT STOCKS?
Wall Street wasn't exactly celebrating.

Dow: -0.7%
S&P 500: -0.2%
Nasdaq: -0.2%

Higher yields, inflation concerns and expensive oil kept investors nervous.

👀 WHAT'S NEXT?
We're watching the remaining Treasury auctions, oil prices, inflation and whether bond buyers keep showing up. Today's recovery was encouraging, but one afternoon doesn't reverse six weeks of punishment.

🏁 BOTTOM LINE

30-year fixed: 7.59%.
Did rates rise? YES.
Could today have been much worse? ABSOLUTELY.

The bond market pulled off a comeback worthy of an '80s sports movie. Now we just need a sequel where rates actually go DOWN. 😂

10/07/2026

10/07/2026

🏡💰 YOUR EQUITY. YOUR MONEY. YOUR RETIREMENT.

You spent decades building your life, building your home, and building equity. Now that equity may be able to start working for YOU. The KDM Lending Team does Reverse Mortgage Loans, and these aren’t just about getting a monthly check anymore.

🏡 HECM Reverse Mortgage
💵 Lump-Sum Option
💰 Monthly Payment Options
🏦 Reverse Mortgage Line of Credit
🔄 Reverse Mortgage Refinance
🔑 HECM for Purchase
🏠 Proprietary / Jumbo Reverse Mortgages

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

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📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

10/07/2026

🍦🏡 VERMONT — WE DO LOANS HERE!

From Burlington to Montpelier, the Green Mountains to Vermont’s small towns and rural communities, Patriot Pacific Financial Corp does home loans in Vermont!

🏡 Conventional Home Loans
🇺🇸 VA Home Loans
🏠 FHA Loans
🌾 USDA Rural Housing Loans
🏘️ Manufactured Home Loans
🏗️ One-Time-Close Construction Loans
🔨 Renovation Loans
📊 Bank Statement Loans
💰 DSCR Investor Loans
🏦 Jumbo Loans
🌎 Land Loans
💵 HELOCs
👴 Reverse Mortgages & Reverse Purchase Loans
🏢 2–4 Unit Financing
⚡ Hard Money Loans

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
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📌DIY Credit Repair:
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📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

10/06/2026

🚨🚨 DAILY MORTGAGE MARKET UPDATE 🚨🚨
WAIT… RATES WENT DOWN AGAIN?! 😂

🏡 MORTGAGE RATES

Yesterday: 7.61%
Today: 7.56% 📉
That's -0.05%.

Normally a five-basis-point move wouldn't have us firing the confetti cannon, but mortgage rates have only managed to move lower EIGHT times since August 25.
So yeah… we'll take it. 😂

🤔 IS THE RATE BEATING FINALLY ENDING?
Maybe.

But nobody start playing “Celebration” yet.
Yesterday's 7.61% was almost identical to the 7.60% high we hit September 30.

In market nerd language, that starts looking suspiciously like a possible “double top”, two attempts to push through roughly the same ceiling followed by a retreat.

That CAN signal momentum is running out.
It does NOT mean we've confirmed a turnaround.

Basically, the bond market has stopped punching us in the face for five minutes. That's progress. 😂

📉 WHAT HELPED TODAY?
Treasury yields finally backed off from their recent insanity.
Oil also stabilized around $100 Brent, taking a little pressure off inflation fears.

And after the massive bond selloff, investors are beginning to look at these yields and say: “Okay… these things might actually be worth buying.”

More bond buying = lower yields = potentially lower mortgage rates.

📈 WHAT ABOUT STOCKS?
Wall Street is apparently having a completely different October.

Dow: +0.49%
S&P 500: RECORD CLOSE 🚀
Nasdaq: RECORD CLOSE 🚀

Lower Treasury yields helped, while AI stocks continue partying like somebody found an unopened bottle of Zima in the garage.

👀 WHAT'S NEXT?
Don't forget Treasury auctions this week.

We're also watching oil, inflation expectations and whether investors keep buying bonds at these higher yields.
If today's move gets follow-through, things could finally get interesting.

🏁 BOTTOM LINE

30-year fixed: 7.56%.

Better? YES.
Trend reversal? Not yet.

But after the last six weeks…We'll take the damn win. 😂

10/06/2026

🇺🇸 GET A VA LOAN — YOU EARNED IT. NOW USE IT. 🇺🇸

Your VA Home Loan benefit isn’t just for buying a regular house with 0% down. VA financing can do a hell of a lot more than most Veterans realize.

🏡 VA Purchase Loans
🏘️ VA Manufactured Home Loans
🏢 VA 2–4 Unit Loans
🏗️ VA One-Time-Close Construction Loans
🔨 VA Renovation Loans
📉 VA IRRRLs
💰 VA Cash-Out Refinances
🔑 VA Loan Assumptions

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌 DIY Credit Repair: Credit Builder IQ

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

10/06/2026

🇺🇸 VIRGINIA — WE DO LOANS HERE! 🏡

From the Blue Ridge Mountains to Richmond, Virginia Beach, Northern Virginia and everywhere in between, Patriot Pacific Financial Corp does home loans in the Commonwealth of Virginia!

🏡 Conventional Home Loans
🇺🇸 VA Home Loans
🏠 FHA Loans
🌾 USDA Rural Housing Loans
🏘️ Manufactured Home Loans — including land-owned and qualifying homes in parks
🏗️ One-Time-Close Construction Loans — VA, FHA & Conventional
🔨 Renovation Loans — FHA 203(k), VA & Conventional
💰 DSCR Investor Loans
📊 Bank Statement Loans
🏦 Jumbo Loans
🌎 Land Loans
💵 HELOCs
👴 Reverse Mortgages & Reverse Purchase Loans
🏢 2–4 Unit Financing
⚡ Hard Money Loans
🔑 Purchase & Refinance Options

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

10/05/2026

🚨🚨 DAILY MORTGAGE MARKET UPDATE 🚨🚨
NO BAD NEWS… RATES WENT UP ANYWAY. 😂

🏡 MORTGAGE RATES

Friday: 7.57%
Today: 7.61% 🚨

That's +0.04% and another recent high.
Here's the irritating part:
There wasn't some giant economic report that blew everything up today.

The bond market just woke up Monday and chose violence. 😂

🤔 SO WHY ARE RATES STILL CLIMBING?
It's not ONE thing anymore. It's the pile:

🛢️ Iran war/inflation risk
💰 Massive Treasury debt issuance
🏢 Heavy corporate bond issuance
🌎 Softer foreign demand for U.S. debt
📈 A surprisingly resilient economy
🏦 A Fed still willing to fight inflation

All of those things make investors demand higher yields to own bonds. And higher Treasury yields generally mean higher mortgage rates.
The 10-year Treasury climbed to around 5.31% today which tells you where the pressure is coming from.

📈 WHAT ABOUT STOCKS?
Apparently Wall Street didn't get the memo. 😂

S&P 500: +0.66%
Dow: +0.18%
Nasdaq: RECORD CLOSE 🚀

Strong stocks can actually make life harder for bonds because investors have another attractive place to put their money.

👀 WHAT'S NEXT?
This week brings Treasury auctions, and that's worth watching.
But the bigger question is becoming:

HOW HIGH DO YIELDS HAVE TO GO BEFORE INVESTORS FINALLY SAY, “Screw it… bonds are cheap enough”?

In 2023, that line was around 5% on the 10-year.
We already blew through that.
Apparently the new line is… ¯_(ツ)_/¯

🏁 BOTTOM LINE
30-year fixed: 7.61%.

We're not seeing panic. We're seeing a bond market trying to figure out where “high enough” actually is.

Basically we're driving around looking for Blockbuster, except nobody knows where the damn store went. 😂

10/05/2026

🏡 MANUFACTURED HOME LOANS — YEP, WE DO THOSE!

Manufactured homes can be a fantastic path to homeownership but financing them isn't always as simple as walking into your local bank. That’s where the KDM Lending Team comes in. Manufactured home financing is one of our specialties, and we have options for scenarios many lenders simply don't offer.

🏘️ Homes in Manufactured Home Parks
🔑 Chattel Loans
🌎 Land-Owned Manufactured Homes
🇺🇸 VA Manufactured Home Loans
🏠 FHA Manufactured Home Loans
💰 Conventional Manufactured Home Loans
🏗️ One-Time-Close Construction Loans
🔨 Manufactured Home Renovation Loans
♻️ Replacement Loans
👨‍👩‍👧 Homes Located on Family-Owned Land
🏢 Investor & Spec-Build Financing

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌 DIY Credit Repair: Credit Builder IQ

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

10/05/2026

I’m a retired United States Marine.
Now I help Veterans and active-duty military get home loans.

Need a VA loan? Let’s talk.

📱 Call/Text: 951.387.0037

Kris McCullough
NMLS 1756904 | DRE 01985953
Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity