Pierre Burris

08/07/2026

Your weekly look at where the market and mortgage rates stand: a lot is happening this week worth knowing.

Visit https://www.megastarfinancial.com to learn more.


Reach out anytime you have a client ready to talk financing.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Your weekly economic update is here. Here is what you need to know:

• Mortgage rates increased for the fifth consecutive week, rising another three basis points. While affordability remains a challenge, the housing market is showing signs of adjustment, with slightly lower listing prices compared with last year and more homes available for sale.

• Mortgage applications declined 2.9% for the week ending July 31 as higher rates continued to weigh on both purchase and refinance activity. The 30-year fixed mortgage rate reached 6.81%, its highest level in more than a year, keeping many buyers and homeowners cautious.

• Consumer sentiment improved significantly in July, jumping nearly 12% from June. Confidence strengthened across income levels, age groups, education levels, and other demographics, reflecting a more positive outlook on both current economic conditions and the months ahead.

• The labor market remains relatively stable, with unemployment claims increasing only slightly while layoffs fell to a two-year low in July. This continued stability gives the Federal Reserve additional room to focus on inflation pressures and broader economic conditions.

Stay connected with the latest mortgage insights, housing news, and market updates by visiting our website. https://tinyurl.com/ysa2mccu

08/03/2026

Don't love today's rate? Buy now, refinance later. You can always refinance when rates improve, but you can't go back and buy at today's price.

Visit https://www.megastarfinancial.com to learn more.

Reach out; let's talk through your options.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Don't love today's rate?
Buy now, refinance later. 🔑 'Date the rate, marry the home' is real advice.

Here's the logic:
→ Home values continue to appreciate → When rates drop, you can refinance to a lower payment → But you can't go back and buy at today's prices Locking in the home NOW means you're building equity while others wait.

Ready to explore your options? 📲

Link to apply or schedule a call
https://rebrand.ly/MFC-apply

07/31/2026

Your weekly economic update is here. Here is what you need to know.
Want to stay on top of mortgage insights, housing news, and market updates? Visit https://www.megastarfinancial.com

Your weekly economic update is here. Here is what you need to know:

• Mortgage rates climbed another eight basis points last week, reaching their highest level in a year. While higher rates continue to create affordability challenges, today's 30-year fixed mortgage remains lower than it was a year ago, and stronger wage growth in many markets is helping offset rising home prices.

• Mortgage applications declined 6.4% as rising rates continued to slow both purchase and refinance activity. Refinance applications saw the sharpest pullback, while buyers continue to navigate higher borrowing costs despite increased housing inventory in some markets.

• Inflation eased in June for the first time in six years, driven largely by lower energy prices. While this is an encouraging sign for consumers, economists expect inflation to remain elevated and anticipate some of June's improvement could reverse in the coming months.

• The Federal Reserve held interest rates steady while reaffirming its commitment to bringing inflation back to its long-term target. Although policymakers remain divided on the timing of future rate changes, the Fed continues to closely monitor inflation and economic conditions before making its next move.

Keep informed with the latest mortgage trends, housing market updates, and economic insights. Follow us and visit our website to stay one step ahead in today's ever-changing real estate market. https://tinyurl.com/ysa2mccu

07/27/2026

Still waiting for rates to drop before buying? The data below breaks down why waiting isn't always the advantage it seems.

Visit https://www.megastarfinancial.com to learn more.

Reach out; let's run your numbers today.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Still waiting for mortgage rates to drop before buying?
Here's what the data says.📊

→ Rates have remained elevated but stable
→ Home prices continue to rise in most markets
→ Every month you wait = higher purchase price + same (or worse) rate
→ When rates DO drop, demand surges and prices spike fast

The best time to buy is when YOU'RE financially ready, not when the market is 'perfect.'

Let's look at your numbers today. 📲

DM 'RATES' for a free payment comparison

07/24/2026

Your weekly economic update is here. Here is what you need to know.

Want to stay on top of mortgage insights, housing news, and market updates? Visit https://www.megastarfinancial.com

Your weekly economic update is here. Here is what you need to know:

• Mortgage rates moved slightly higher last week, rising three basis points and pushing the 30-year fixed rate to an 11-month high. Inflation remains above the Federal Reserve’s target, and renewed pressure from oil prices and global uncertainty continues to influence rate movement.

• Mortgage applications increased 1.9% from the previous week, showing that buyer activity is still moving forward even in a higher-rate environment. Growing inventory in many markets is helping support purchase demand and giving buyers more options.

• Residential construction rebounded in June after a weaker May, with housing starts rising 19.0%. The increase was largely driven by multifamily construction, suggesting May’s slowdown may have been more of a temporary pullback than a broader decline in building activity.

• Jobless claims fell unexpectedly to their lowest level since 1969, signaling continued strength in the labor market. While some of the drop may be tied to seasonal factors, the overall trend remains encouraging for the broader economy.

Stay connected with the latest mortgage insights, housing news, and market updates by visiting our website. https://tinyurl.com/ysa2mccu

07/21/2026

Waiting for rates to drop before buying? The data tells a different story — prices tend to climb in the meantime, and rate drops usually bring a rush of buyers right behind them. The right time to buy isn't about a "perfect" market, it's about being financially ready.

Visit the website
https://www.megastarfinancial.com

Reach out let's run your numbers, no pressure.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Still waiting for mortgage rates to drop before buying? Here's what the data actually says. 📊

Every month you wait, home prices keep climbing, and when rates finally drop, demand surges and prices spike even faster. The window doesn't get easier; it gets more expensive.

Here's the reality right now:
→ Rates are elevated but stable
→ Home prices are still rising in most markets
→ Waiting = higher purchase price + the same (or worse) rate
→ Rate drops trigger buying surges — prices jump fast

The best time to buy isn't when the market is "perfect." It's when YOU'RE financially ready.

Let's run your numbers and see exactly what your payment looks like today, no pressure, no commitment.

07/17/2026

Your weekly economic update is here. Here is what you need to know:

• Mortgage rates continued to edge higher last week, reaching their highest level since late August 2025. While higher rates have slowed purchase activity, improving affordability and increasing housing inventory are creating a more favorable environment for prospective homebuyers.

• Mortgage application activity declined as higher interest rates impacted buyer demand following the July 4th holiday. Even so, refinance applications increased, showing that some homeowners are still finding opportunities despite the current rate environment.

• Inflation delivered encouraging news in June, with consumer prices posting their largest monthly decline in years and the annual inflation rate easing to 3.5%. Lower energy costs helped drive the improvement, giving the Federal Reserve greater flexibility as it continues to monitor economic conditions.

• Retail spending grew modestly in June, coming in below expectations despite boosts from the World Cup and major online shopping events. While consumer spending has moderated, a resilient labor market continues to support the broader economy and signals ongoing economic stability.

Keep your edge in today's market—visit our website for expert mortgage insights, housing news, and weekly economic updates. https://tinyurl.com/ysa2mccu

07/15/2026

A mortgage tip worth knowing before you start comparing lenders: interest rate and APR aren't the same thing, and mixing them up can cost you.

Full breakdown below.
Save it for your next home search.

Visit us: https://www.megastarfinancial.com

Reach out if you have questions.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Mortgage tip most buyers don't know until it's too late 👇

When you're shopping for a home loan, you'll see two numbers: the interest rate and the APR. They're not the same thing — and confusing them can cost you.

📌 Interest Rate = the cost of borrowing the loan amount itself.

📌 APR (Annual Percentage Rate) = the real cost, including fees, points, and other charges rolled in.

Two loans can have the same interest rate and very different APRs. The APR is what you actually pay over time.

So when comparing lenders, always look at the APR first — that's the number that tells the whole story.

Save this post for your next home search. 🏠

Questions about your mortgage options? Drop them in the comments or reach out to a MegaStar loan officer near you.

07/13/2026

Self-employed? A business owner or investor? Your tax return doesn't always tell the full story of your financial strength. There are financing options built around that reality.

Take a look below to learn more.
https://www.megastarfinancial.com

Reach out if you'd like to talk through your options.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

07/10/2026

Here's your weekly look at where mortgage rates and the market stand.

Staying informed helps you guide your clients with confidence, whether they're buying, refinancing, or just weighing their options.
Take a look below, and reach out anytime you have a client ready to talk financing.
https://megastar.myportal.loan/FindALoanOfficer/LoanOfficerProfile/1197

Your weekly economic update is here. Here is what you need to know:

• Mortgage rates edged up by six basis points last week, returning to levels seen two weeks ago. Despite the slight increase, rates have remained within a narrow range for the past eight weeks, while improving economic conditions and housing affordability continue to create opportunities for homebuyers.

• Mortgage applications declined 2.2% from the previous week, largely influenced by the Independence Day holiday. VA purchase applications posted modest gains, highlighting continued demand from eligible buyers, while refinance activity slowed as many homeowners continue to wait for more favorable rates.

• The latest ISM Non-Manufacturing PMI came in at 54.0, signaling that the service sector continues to expand. Although growth slowed slightly from the previous month, the continued expansion reflects ongoing economic strength and will remain an important indicator for future market expectations.

• Federal Reserve officials continue to monitor inflation closely, with differing views on the path forward for interest rates. While some policymakers see the possibility of future rate hikes, most believe inflation can gradually move closer to the Fed's long-term target, making upcoming economic data especially important to watch.

Stay ahead of the market with the latest mortgage insights, housing trends, and economic updates. Visit our website and follow us https://tinyurl.com/ysa2mccu