Michael McDermott - The McDermott Team

09/02/2026

Something I’ve been telling partners lately:

Buyers aren’t waiting for a perfect headline. They’re waiting for a clear plan.

When someone asks “what are rates doing,” what they usually mean is “can I still make this work for the house we actually want.” That’s a different conversation — payment range, product fit, what changes if we close in 30 vs 45 days.

If your buyers are asking that this week, send them my way. I’ll keep it plain-English so it’s easy for you to paste along.

https://themcdteam.com
NMLS 184065

09/01/2026

Phoenix Buyers: Compare the Deal, Not Just the Price
What do you think?

National new-home sales fell 10.5% in July. That sounds dramatic, but it doesn’t mean Phoenix prices are collapsing.

National housing headlines don't tell the whole story. Learn why Phoenix buyers should focus on total deal value rather than just the sticker price in this…

09/01/2026

National housing headlines don't tell the whole story. Learn why Phoenix buyers should focus on total deal value rather than just the sticker price in this…

What do you think?

National housing headlines don't tell the whole story. Learn why Phoenix buyers should focus on total deal value rather than just the sticker price in this…

08/31/2026

A lot of homeowners I talk to aren’t trying to “rate shop” right now. They’re trying to make the payment on the rest of life feel lighter.

Credit cards. A car. A kitchen that’s been waiting. When you’ve got equity, a cash-out refinance is one way to pull that into one mortgage payment you actually planned for — not three or four revolving ones you didn’t.

Happy to walk the numbers with you. No pressure either way.

https://themcdteam.com/cash-out/
NMLS 184065

08/30/2026

5.0 star review received on Experience.com for Michael McDermott by Mike P - When looking to see if we could buy a house, Mike helped us realize we could, with a very easy prequalification process. When it came time to actually purchase a house, Mike and his team were able to get us keys in hand, with a VA loan, with no money out-of-pocket. Thank you Mike! I highly recommend Mike and his team.

Click to see all 943 reviews of Michael McDermott, Mortgage Loan Originator | NMLS 184065

08/28/2026

Same lender. New look. The McDermott Team shows up online fresher and bolder than ever. Same person, same number, just a cleaner look and a site that’s easier to use and more informative. Follow whichever you actually use. If you’d rather just call or email when something comes up, that’s perfect too.

08/28/2026

Kevin Warsh’s first Jackson Hole speech as Fed Chair was not a rate call. He said so up front. Call it an outline or a trail map. Just don’t call it forward guidance.

The useful line if you’ve been waiting on a mortgage-rate signal: he committed to a discipline, not a decision. No September path. Housing got named as one of the strained sectors, which matches what a lot of Phoenix buyers already feel.

I wrote up what actually mattered, without the crystal-ball stuff:

Fed Chair Kevin Warsh just signaled a major shift in how the central bank communicates. Here is what his Jackson Hole debut means for mortgage rates.

08/28/2026

On Business and Finance:

" He used it to mark his 100th day in the job, and he opened by telling the room what the speech was not. "You can call it an outline . . you can call it a trail map . .

Fed Chair Kevin Warsh just signaled a major shift in how the central bank communicates. Here is what his Jackson Hole debut means for mortgage rates.

08/28/2026

Fed Chair Kevin Warsh just signaled a major shift in how the central bank communicates. Here is what his Jackson Hole debut means for mortgage rates.

08/27/2026

Jackson Hole is tomorrow, the Fed’s late-summer speech, and mortgage pricing usually listens more than it should for one morning. As of this week, 30-year quotes are still around the high 6s. Not a crash, not a fire sale. If you’re buying, refinancing, or sitting on equity, I take one application to 300+ lenders and we pick from the strongest options. Happy to talk through it.