Mandy Phillips, Mortgage Loan Originator

06/10/2026

You can swear up and down that the cash came from your grandma, but can you prove it?

06/10/2026

If you’re receiving gift funds for your home purchase, make sure to communicate that to your lender ahead of time so that they can instruct you on the proper way to receive the gift and document the gift😅

06/10/2026

One of the biggest mortgage myths: Having credit cards means they hurt your approval.

06/08/2026

What’s the difference between a mobile, manufactured, and modular home?

06/07/2026

Paying off certain debts can actually drop your credit score?!

06/05/2026

06/05/2026

Everyone wants to know why mortgage rates haven’t fallen more…

One word: uncertainty.

The recent escalation in the Middle East has investors paying very close attention to oil prices. Historically, when oil prices rise, it can put upward pressure on inflation because nearly everything—from manufacturing to shipping to travel—becomes more expensive.

And inflation is the enemy of lower mortgage rates.

What’s interesting is that we’re seeing two competing forces right now:

📈 Rising geopolitical tensions and energy concerns that could push inflation higher.

📉 Signs that parts of the economy are beginning to slow, which would normally help rates improve.

The bond market is essentially trying to figure out which story wins.

That’s why mortgage rates can move dramatically even when there hasn’t been a major announcement from the Fed.

If you’re waiting for the “perfect” time to buy a home, remember this:

The housing market and the mortgage market don’t always move together. By the time the headlines tell everyone it’s a great time to buy, the opportunity is usually already gone.

The next few months could be very interesting.

Are you expecting mortgage rates to move UP, DOWN, or stay about the same through the rest of the summer?

06/05/2026

How soon can you purchase a home after chapter 7 bankruptcy?