Brennan Anderson - Mortgage Lender

Brennan Anderson - Mortgage Lender Mortgage Loan Officer with
West Capital Lending
NMLS # 2038437
CO NMLS #1566096 | CO DRE # 02022356
Equal Housing Lender

Honoring all the brave veterans who have served our country. Thank you for your sacrifice and service.
11/10/2023

Honoring all the brave veterans who have served our country. Thank you for your sacrifice and service.

Attention all business owners! Did you know that the home loan approval process is different for you compared to those w...
06/28/2023

Attention all business owners! Did you know that the home loan approval process is different for you compared to those who do not own a business? Don't let the process scare you. I'm here to help make it easy for you. Give me a call today and let's get started on your dream home!

If you don’t have money for a down payment, you could still get a home using gift funds. Ask us about our 100% gift opti...
01/27/2023

If you don’t have money for a down payment, you could still get a home using gift funds. Ask us about our 100% gift options — call today!

We know how important speed and convenience are. That's why our team can help you get an approval in just minutes. Messa...
01/23/2023

We know how important speed and convenience are. That's why our team can help you get an approval in just minutes. Message us to get started!

Are you ready to take a step closer to your dream home? Call us today to learn how you can qualify for a lower down paym...
01/21/2023

Are you ready to take a step closer to your dream home? Call us today to learn how you can qualify for a lower down payment and rate through an FHA loan.

Inflation:The most recent inflation data shows that the inflation growth rate peaked this past October. This also means ...
01/19/2023

Inflation:
The most recent inflation data shows that the inflation growth rate peaked this past October. This also means that mortgage rates have hit their highs as well. We are continuing to see month-over-month improvement in the inflation numbers and that is exactly what the federal reserve wants to see. It is expected that the Federal Reserve will continue to raise rates 2 to 3 more times this year. However, some experts say they could see rates being cut toward the end of the year. In my opinion, I do not think that is likely. Not a single member of the Federal Open Market Committee expects rate cuts in 2023. The reason being is that they do not want what happened in the 1970s to happen again. The Fed board was already wrong about inflation being temporary due to the pandemic and they cannot afford to be wrong about cutting rates back too early. So as of now, it appears that the Fed is going to keep rates elevated for the foreseeable future. But keep in mind that things can change in a second and new data will come into play that will need to be accounted for when forecasting future predictions.

Mortgage & Real Estate Market:
Now, what does this all mean for the mortgage and real estate market. In October we saw rates peak in the 7s and now we are seeing rates in the high 5s. Inventory for homes is still close to all-time lows however, housing inventory increased by 1,339 homes nationwide. This is a small number but could be the start of an important trend. Experts believe First-time homebuyers will return to the housing market this year and this is simply because if you own a home at 3% and want to go buy a new home at a rate of 6% you are probably not going to do that unless you really need to. This is a great opportunity for first-time homebuyers to purchase. Since we are expecting first-time homebuyers to come back into the market the price range for homes in the $200k to $250k range will be a competitive space for first-time homebuyers as many will be competing with each other.
If you are interested in purchasing a home or just would like to learn more about the process please do not hesitate to reach out. I am always happy to answer any questions you may have.

01/19/2023

Whether it's for work or a change of scenery, here are the top reasons why you might consider moving.

You don't need to spend all of your savings for a down payment. You may be eligible to put as little as 3% down. Call us...
01/19/2023

You don't need to spend all of your savings for a down payment. You may be eligible to put as little as 3% down. Call us for more information.

01/18/2023

432 Charlestowne Place Drive, Saint Charles, MO 63301, 2028 square foot, 4 bedrooms, 2 full & 1 partial bathrooms, asking price of $396,550, MLS ID 22074522

01/18/2023

OFFICIAL LISTING website. 16711 State Highway A, Sullivan, MO 63080, 1376 square foot, 3 bedrooms, 1 bathrooms, asking price of $160,000, MLS ID 23001543

Address

St. Louis, MO

Telephone

+16367950409

Website

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