David Oswald, NMLS #232865

09/17/2025

Mortgage Rates are at a 15 month low today! If you purchased your home in the past few years it is a great time to connect with me to discuss options for you and whether the savings makes good sense. Refinance demand has increased over 50% week over week! Don't be left out with what could be a "mini refinance boom"!
All we need is 5-10 minutes to do your free mortgage check in!
Also a very good time to look for a new home too with purchase money rates also at a 15 month low. Message me to learn more today or email at [email protected]

Send a message to learn more

06/12/2025

https://www.realtor.com/news/trends/mortgage-interest-rates-now-june-12-2025/

The average rate on 30-year fixed home loans from Freddie Mac ticked down again to 6.84% for the week ending June 12.

03/04/2025

Looking to purchase a new home in Florida? Or in another state. Right now may be a great time to strike while it's turned into a buyers market in many markets. Rates have dipped to 6 month lows too!

Overall homes are on the market longer which tends to see more price cuts too! Contact me today to chat further about your home buying goals!

The number of homes on the market in Florida has hit record highs—and two cities in particular are becoming hot markets for buyers.

08/21/2024

800K+ jobs reported in the past 12 months just never happened!

The BLS released their benchmark revisions for job data from March 2023 to March 2024. The revision was off by 818,000 where the BLS overstated job growth. That means about 1 in 3 jobs that they reported that were created -- Never Happened! Check out the link from CNBC below for further details.

Why is this reporting miss important? Mortgage rates could be lower than where they are today. Rates could had been much lower even 10 months back however due to the miss on the jobs report by the BLS, upon which many rely on has negatively impacted the housing market with mortgage rates being higher for longer.

The FED could had cut rates by now if this data had been reported accurately.

What to expect and watch moving forward.

Jobless claims report tomorrow. If the claims come in higher than expected we should see rates improve.
Watch out for comments from the FED Chair Jerome Powell on Friday morning. What he says can help the bond markets and perhaps spur demand in the mortgage backed securities. This also can impact rates for mortgages on Friday and into next week.

Any questions about purchasing or refinancing you are more than encouraged to contact me directly.

The U.S. economy created far fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported.

07/30/2024

Tune in and listen and get some great ideas on increasing your volume in today's market.

Escalating unaffordability is not the only issue originators face. How can lenders support their loan officers, and navigate the numerous challenges in the today's housing market?

07/01/2024

Future of housing. Continued appreciation, correction or crash ahead? Depends where you are looking.

In some markets, home prices continue rising, even as inventory grows and homes are selling slower, raising the possibility of a correction.

06/12/2024

Inflation numbers are out this morning and the markets are welcoming the data as we should see mortgage rates drop today -- which is fantastic news for those out there in search of a new home or need to refinance for cashing out on paying credit cards, home improvements, etc.

The 10 year treasury yield is down over 12 basis points and the mortgage backed securities have high demand today! All good news for mortgage rates!

04/29/2024

https://www.realtor.com/news/trends/hottest-housing-markets-march-2024/

In the hottest markets, not only are homes selling at a quicker pace than most parts of the country, but they are also selling for more.

03/05/2024

If you're considering selling your home, you certainly want to get the most value possible out of the deal. Here are a few easy ways that may increase the resale value of your home without breaking the bank.

https://www.loandepot.com/knowledge-cafe/home-refinance/5-ways-to-boost?utm_source=TE&utm_medium=Social&utm_campaign=5-Ways-That-May-Boost-Resale-Value-377207p&ldec=Retail_TE_Social_5-Ways-That-May-Boost-Resale-Value-377207p&loid=doswald

02/23/2024

1) When's the best time to buy a home?
2) What will mortgage rates do in the next 1-3 months?
3) How much will home prices increase this year?
4) Should you wait until the spring market to buy a new home?
5) Should you continue to wait for rates to improve?
6) How long have you been holding out on buying real estate simply because of mortgage rates?

1) Winter.
2) Stay in the mid 6's to low 7's for a 30 year fixed.
3) Depends on where you live (Chicagoland area homes appreciated 8%)'; Downers Grove IL saw a near 20% appreciation in 2023; Carol Stream IL saw a near 11% increase in home values.
4) No. The demand will significantly increase which will cause more offers on active listings which will drive up prices higher and create bidding wars above list price. The best time to buy is November through February as there is less demand.
5) No. As the saying goes -- date the rate, marry the home. Historically rates get better the second half of election years. Given the FED is most likely not cutting interest rates until June '24 rates in the mid 6's/low 7's are here to stay for the next few months. Inflation (CPI, PPI) and the jobs reports are the variables that are driving the FED's decision which is impacting the treasury yields and mortgage backed securities.
6) If you bought a home in Dupage County in 2018 at 350,000 did you know the estimated value of the home today is $463,000 based on an average appreciation of 5.8% annually. So, if you bought in Carol Stream IL the average appreciation is higher than 5.8%. Likely your home would be valued in the $480,000 range after 5 years. SO -- if you've been holding out for a few years you are missing out in building wealth.

Did you know that loanDepot offers down payment assistance programs up to 5%? Grants up to $4000 too!

Take action and find out how you can be helped today!

12/13/2023

5 Reasons Why Buying a Home Right Now Makes Sense -- Rates are now under 7% for many qualified customers. Rates do vary based on credit scores, loan to value and property type. Call or message me today for a free mortgage analysis.

Real estate experts say this might be a good time to buy a house, despite high mortgage rates and low inventory.

11/14/2023

Mortgage rates are falling! Yes, that's right. With today's economic data coming in showing inflation cooling, the treasury yields have dipped more than 16 basis points and the bond market is feeling pretty good. This is driving rates much lower today. This is great news for homebuyers! Contact me today for further information.