Frank Ellerbroek, Mortgage Broker, Vantage Mortgage Brokers, NMLS #128726

Frank Ellerbroek, Mortgage Broker, Vantage Mortgage Brokers, NMLS #128726 Sr. Mortgage Broker helping families and individuals with homeownership and financial solutions.

Frank is a seasoned mortgage professional with over 25 years of experience in both wholesale and retail lending. As a trusted advisor, Frank goes beyond the role of a traditional loan officer. He takes on the role of a fiduciary, working closely with his clients to understand their unique financial needs and goals. By doing so, he helps them find the perfect mortgage and rate solution that aligns with their short- and long-term objectives. With licenses in Washington, Oregon, and Idaho, Frank is well-equipped to cater to clients throughout the Northwest. Reach out to Frank today and let him guide you toward a mortgage solution that not only fulfills your immediate needs but also supports your long-term financial success through homeownership.

🏡 Good News for Manufactured Home Financing!Freddie Mac has expanded its guidelines to allow conventional financing on m...
09/16/2026

🏡 Good News for Manufactured Home Financing!

Freddie Mac has expanded its guidelines to allow conventional financing on manufactured homes that have previously been moved from another site.

Previously, relocating a manufactured home could create major financing limitations. This update may open the door for more properties and buyers to qualify.

The home must:
✅ Be inspected to verify its structural integrity
✅ Meet applicable wind, roof-load and thermal-zone requirements
✅ Already be permanently located at its new site before financing

Relocation, foundation, site-development and utility-connection costs cannot be included in the mortgage.

The key takeaway: Don’t automatically assume a previously relocated manufactured home is ineligible for conventional financing.

Have a property you’re unsure about? Send me the information, and I’ll gladly review the financing options before your buyer gets too far into the transaction.

Mortgage rates are near 7%, buyers have stepped back, and the housing market has slowed considerably.Does that mean you ...
09/16/2026

Mortgage rates are near 7%, buyers have stepped back, and the housing market has slowed considerably.

Does that mean you shouldn’t buy? Not necessarily.

A slower market may give buyers more negotiating power on the purchase price, seller-paid closing costs, repairs, or even a temporary rate buydown.

The important thing is to carefully evaluate the numbers before making a decision. I can help you compare the payment, upfront costs, seller concessions, and available financing strategies to determine whether buying makes sense for you.
If the numbers work, we’ll build a plan. If they don’t, I’ll tell you.

No pressure. No predictions. Just honest numbers and clear options.

Reach out if you’d like me to run the numbers for your situation.

09/16/2026

🏡 Weekly Mortgage Market Update

Mortgage rates recently reached their highest levels since January 2025. Stronger-than-expected consumer spending, continued inflation concerns, higher energy prices, and rising 10-year Treasury yields are all contributing to the pressure.

The Federal Reserve also raised its benchmark rate by 0.25%—its first increase since 2023. Although the Fed doesn’t directly set mortgage rates, its actions can influence the bond market and expectations for future inflation.

There is a positive side for buyers: higher rates have reduced competition while more homes are becoming available. That may create greater negotiating power for:

✅ Seller-paid closing costs
✅ Price reductions
✅ Seller-funded rate buydowns
✅ Better overall purchase terms

This is also an especially important time to compare mortgage options. As a broker, our rates may average 0.25% to 0.50% lower than many retail lenders, which could provide meaningful monthly and long-term savings.

You can easily compare through the transparent live-rates feature on my website—no personal information required.

Higher rates create challenges, but more inventory, motivated sellers, and the right financing strategy can also create real opportunities.

Rate Tracker for 9/16/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

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08/26/2026

🏡 Weekly Mortgage Market Update

Mortgage rates have stayed fairly flat since last Wednesday, with a slight move higher overall.

The 10-Year Treasury remains elevated around 4.7%, as inflation concerns continue to keep pressure on rates. Lower oil prices and global headlines gave us a few brief improvements during the week, but nothing significant enough to create a meaningful change in mortgage rates.

🏠 On the housing side, pending home sales dropped 2.3% in July, and homes are sitting on the market longer in many areas. That’s giving buyers more negotiating power on price, seller credits, and other terms.

For buyers, it’s worth looking beyond just the interest rate. Getting a better price or seller credit in today’s market—and potentially refinancing if rates improve later—may be a better opportunity than waiting for lower rates and potentially more buyer competition.

Rate Tracker for 8/26/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

08/19/2026

🏠 Mortgage Market Update- Mortgage rates held relatively steady this past week, with a small improvement this morning following an interesting announcement from the U.S. Treasury.

The Treasury announced plans to increase purchases of longer-term U.S. bonds—an effort to help stabilize the bond market and potentially ease some of the upward pressure on mortgage rates.

Why does this matter? Mortgage rates are heavily influenced by the bond market, particularly the 10-Year Treasury and Mortgage-Backed Securities (MBS).

With the ongoing conflict in Iran, energy costs, and inflation continuing to create market volatility, it’s too early to know if today’s improvement will last—but it’s certainly a move in the right direction.

📉 Any improvement in mortgage rates is welcome news as buyers continue to battle affordability.

Rate Tracker for 8/19/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

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08/12/2026

🏡 Weekly Mortgage Market Update

Mortgage rates were relatively flat overall this past week, but we continue to see some day-to-day volatility.

📉 This morning brought some encouraging news. July’s inflation report came in right in line with expectations, with core inflation easing to 2.5% — its lowest level in five months. Bond markets reacted positively, helping mortgage rates move slightly lower.

A softer employment report last Friday, combined with improving inflation, is also increasing expectations that the Federal Reserve may be able to hold rates steady at its September meeting.

🌎 Oil prices and tensions in the Middle East remain a wildcard. Higher energy prices can increase inflation concerns and put upward pressure on mortgage rates.

Looking ahead, inflation, employment, oil prices and the Fed will continue to drive the direction of rates. This week’s inflation report was a step in the right direction, and we’ll continue watching for opportunities as the market develops.

Rate Tracker for 8/12/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS NMLS # 35986, Equal Housing Opportunity

08/05/2026

📈 Weekly Mortgage Rate Update

Some welcome news this week! After reaching their highest levels of 2026, mortgage rates have improved modestly over the past several days.

What's driving the change? A drop in oil prices and easing tensions in the Middle East helped calm inflation concerns, giving the bond market a boost. We also saw weaker-than-expected private job growth, another sign the economy may be cooling, which can be positive for mortgage rates.

While we're not out of the woods yet, it's encouraging to see rates moving in the right direction after several weeks of upward pressure.

As always, I'll be keeping a close eye on inflation, employment data, Federal Reserve comments, and global events that continue to influence mortgage rates.

🏡 If you're thinking about buying, refinancing, or simply want to understand how today's market affects your plans, feel free to reach out. I'm always happy to help explain your options.

Rate Tracker for 8/5/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726,VMB NMLS # 35986, Equal Housing Opportunity

07/29/2026

Mortgage rates edged a little higher this week as daily market volatility continues. 📈

The biggest driver? Ongoing geopolitical tensions, which have pushed oil and energy prices higher. That, combined with persistent inflation, has kept upward pressure on mortgage rates.

This week's Federal Reserve meeting is expected to leave interest rates unchanged, but all eyes will be on what they say about inflation and the possibility of future rate hikes.

Looking ahead, we'll be watching:
• Q2 GDP results
• Core PCE inflation (the Fed's preferred inflation measure)
• Global events that could impact energy prices

As always, mortgage rates can change quickly. If you're thinking about buying, refinancing, or just want to understand how the market affects your plans, I'm happy to help.

Rate Tracker for 7/29/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

07/23/2026

📈 Weekly Mortgage Market Update

Mortgage rates moved a little higher this week as rising oil prices, global uncertainty, and higher Treasury yields continued to put upward pressure on borrowing costs. The 10-year Treasury reached its highest level since mid-May, bringing rates back near their highest point of the year.

The encouraging news? Homebuyers are still active. Mortgage purchase applications increased this week, showing that many buyers are continuing to take advantage of improved inventory and less competition despite today's rate environment.

Looking ahead, most housing experts expect mortgage rates to remain in a fairly steady range through the rest of the summer. We'll continue to keep a close eye on inflation, economic reports, and global events that could create opportunities for rates to improve.

Rate Tracker for 7/22/26 available now.
Visit https://www.vantagemortgagegroup.com/frankratetrackerto see today’s rates. For live rates visit www.frankellerbroek.com.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

07/15/2026

📈 Mortgage rates hit their highest level of 2026 last week, but there's a little good news!

📉 A cooler-than-expected inflation report helped rates improve slightly this week.

Here's what stood out:
✅ Inflation eased to 3.5%
✅ Consumer prices fell 0.4% from May
✅ Core inflation held steady at 2.6%

⛽ The wildcard? Rising oil prices and geopolitical tensions are still keeping pressure on mortgage rates, limiting how much they can improve.

If you're thinking about buying or refinancing, don't focus on headlines alone. Market conditions can change quickly, and the right timing could save you thousands over the life of your loan.

I monitor the market daily and provide personalized rate updates to help my clients make informed decisions.

Rate Tracker for 7/15/26 available now.
Visit www.vantagemortgagegroup.com/frankratetracker to see today’s rates.

Frank Ellerbroek NMLS #128726, VMB NMLS # 35986, Equal Housing Opportunity

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Silverdale, WA
98383

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