Cherie Ford Mortgage Broker, Powered by Future Home Loans

08/15/2025

When others take their time I get to work and fast Future Home Loans

08/11/2025

Sharing some info on housing market

Housing Inventory
For the first time this year, active housing inventory actually declined week over week — dropping from 865,620 to 859,096. This is unusual for early August, when inventory typically grows.

What’s driving it? Likely a mix of:

Lower mortgage rates improving demand

Seasonal slowdown in new listings

Sellers pulling homes off the market after not getting their desired price

While inventory growth for 2025 has been one of the strongest housing stories, the growth rate has slowed from 33% at peak to 24%. If rates stay low, we may have already seen the highest growth rate for the year, even though total inventory may still rise into the fall.

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Mortgage Rates
Mortgage rates hit their lowest levels of 2025 last week, starting at 6.57%, dipping briefly to 6.55%, and ending back at 6.57%. This decline has already helped purchase applications and could support more buyer activity if rates continue toward the 6% range.

Buyer Activity

Purchase applications: +2% week over week and +18% year over year

Pending sales: 374,025 total (up from 367,324 last year)

27 straight weeks of year-over-year growth in purchase apps

Historically, demand strengthens when mortgage rates move from 6.64% toward 6%. If rates continue their downward trend, we could see a late-summer boost in signed contracts.

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Upcoming Data This Week
All eyes will be on inflation reports, which could shape the bond market and mortgage rates:

CPI and PPI Inflation Reports – Key for rate direction

Fed speeches – May hint at policy shifts

Retail sales data – Consumer spending trends

Weekly jobless claims – If claims rise sharply, the Fed could move faster to cut rates

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Takeaway for Buyers & Sellers

Buyers: Lower rates are improving affordability — consider locking in if the right home appears.

Sellers: Competition may tighten if inventory continues to slow, but realistic pricing remains key.
Future Home Loans

07/30/2025

Some more Midweek CHEERS to another GREAT Veteran. Veterans like Joel carry the spirit of service into civilian life. Let's join them. Way to go Joel Colisimo! Joel ColosimoCherie Gray FordFuture Home Loans
https://fb.watch/BaqpndHXov/

07/19/2025

Pancakes in the making .

06/28/2025

With Fort Hood-Army Base – I just got recognized as one of their top fans! 🎉 love this and love my Veterans

04/08/2025

Know a Veteran or have a Veteran client or employee . What a great way to show your appreciation . Future Home LoansWaco Association of RealtorsCherie Gray FordHeart of Texas Builders AssociationWaco Young Real Estate InvestorsWaco Va HospitalWaco VA Regional OfficeWaco Veterans HospVeterans One StopFort Hood-Army Base

Veterans: Talk. Share. Connect. Join us for an evening of live music, patriotism, camaraderie, and heartfelt service recognition.