JT Rosenthal - Mortgage Banker

08/08/2025

I haven't posted in a while because rates have been pretty flat for the last two months, but I finally have some good news to report.

Market Highlights:

Markets are pricing in a Fed rate cut next month, with a 95% chance of a 25 bps reduction as the labor market cools. The S&P 500 is near record highs, supported by strong earnings and expectations of a rate cut.

Treasury yields are steady, with the 10-year under 4.25%.

Mortgage rates have dropped to their lowest point of 2025 (around 6.57%), giving buyers a real opportunity right now on conventional, with FHA & VA coming in at 6.25% and VA and FHA streamlines coming in around 5.75%

Inflation from new tariffs is expected to be temporary, and overseas demand for U.S. Treasuries remains strong.

Why It Matters for Your Clients:

Rates are holding near the best levels we have seen this year, and expectations for a Fed rate cut remain strong. For buyers, this could be an ideal time to secure a great rate before the market shifts. Locking in now can provide both peace of mind and long-term affordability.

Need help positioning this info for buyers? I'm always happy to help.

01/01/2025

🌟✨ Goodbye, 2024. Hello, 2025! ✨🌟
As we close the chapter on 2024, let’s take a moment to reflect on the year that was. The good times, the bad times, the wins, the losses – every single experience has shaped us into who we are today.
We’ve celebrated victories, big and small, and found strength in the challenges we never thought we could overcome. We've laughed until our sides hurt and cried when we needed to release the weight of the world. Some relationships blossomed, while others faded – both teaching us lessons that will guide us into the future. 🌱
But here’s the truth: No moment was wasted. Every triumph, every tear, every goodbye, and every hello was a part of our journey. We’ve grown, we've learned, and we've become more resilient with each step.
So, as we welcome 2025, let’s carry forward the lessons, the love, and the strength that this past year has gifted us. This is our year to rise higher, love deeper, and become the best version of ourselves. The future is ours, and it’s full of endless possibilities.
Happy New Year! 🎉 Let’s make this one unforgettable. 💫

11/11/2024

Thank you to Pathway Team members, family members, customers, and all who serve and have served our great nation. May God bless you!

11/11/2024

11/08/2024

Well, the feds dropped another quarter point yesterday but what does that really mean for our borrowers.

Other factors affect mortgage interest rates besides just what the Fed does (or doesn't do). And some of these other factors, like the unemployment and inflation rate, can and often will offset the formal rate reductions issued by the Fed. The 10-year Treasury yield also plays a vital role in the direction that mortgage interest rates follow. So, while a Fed rate cut will theoretically help lower mortgage interest rates, it's often a much more complicated set of factors that push rates along.

Housing prices will continue to increase as rates fall and more buyers come into the market.

So final thoughts are in today's market it is worth buying now before the price of homes goes up more, and refinancing at a time when rates have finally fallen to a level, you're comfortable also you will be earning equity while others wait and pay a higher purchase price.

10/28/2024

Tomorrow will bring consumer confidence and JOLTS reports in the morning as pricing starts to come out, and if we see more signs of economic and labor market strength like we saw last month we will see rates move higher. Wednesday brings ADP private payroll reports along with the third quarter revisions to GDP data. Thursday is jobless claims and PCE inflation data, capped with Friday's big jobs report. Looks like another roller coaster of a week. Lock them loans!

09/30/2024

For those who need some help after this horrible hurricane. Just reach out to me

We are here to help, please let us know if this program could help your family. Click Here for more information: https://pathwayapproved.com/natural-disaster-fha-203h-loans/

09/30/2024

If you’re eager to find a home that fits your lifestyle, our Jumbo Smart offers loan amounts up to $2.5 million. Reach out to us today! - https://pathwayapproved.com/jumbo-loans-sarasota-florida/

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