David Simon Mortgage Master NMLS# 141277

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David Simon Mortgage Master NMLS# 141277 AJM Mortgage is committed to helping you find the right mortgage product for your needs. I specialize in new home purchases as well as refinances.

We make the process of securing a mortgage simple and straight-forward by offering you the latest in financial tools that enable you to make sound financial choices. I have over 20 years experience in the mortgage industry ranging from mortgage consultant to branch manager. Additionally, I have a bachelor's degree in Finance and a Masters of Business Administration. My goal is to make the loan process go as seamless and easy as possible. I work with my clients from application to closing explaining various options that are available along the way. I strive to provide the highest level of customer service on every loan application! I am available at any time on my cell phone at 412-916-3543. Please call me today if I can be of service!

10/26/2026

Monday mortgage note:

The 30-year eased to 7.32% this week, down from 7.40% — a small break after a long climb. Resale inventory is still giving buyers more room to negotiate, with 4.8 months of supply on the market.

DETAILS:

The 30-year eased to 7.32% this week (Freddie Mac, week ending Oct 22), down from 7.40% — the first weekly decline since late August. The 15-year is 6.68%, down from 6.71%.

The Fed is unchanged at 3.75–4.00% since Sept 16, and meets Tue–Wed this week with a hold widely expected.

On sales: September existing-home sales held at a 3.99M annual pace, median price $417,500, with 1.60M homes for sale — 4.8 months of supply. New context: September housing starts fell to a 1.221M pace, and MBA put September new-home sales at 584,000, the weakest since April 2020. The Census new-home sales report lands today.

10/23/2026

End of week market update:

A small break in rates — the 30-year is averaging around 7.3% today, a touch below Monday's 7.40%, after soft housing starts and pending home sales data. But Fannie Mae now expects the 7.50% range through all of 2027 — waiting for 6% may be a long wait. If you're on the fence, let's run your numbers at today's rates.

Open house this Saturday at a ranch home at 101 E Fairfield Ave New Castle. Price improvement by just over $10k 2 days a...
10/23/2026

Open house this Saturday at a ranch home at 101 E Fairfield Ave New Castle. Price improvement by just over $10k 2 days ago

Address

5915 Baum Boulevard
Pittsburgh, PA
15206

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