Henedina Jessop, Mortgage Lender NMLS #1854626

01/19/2024

Creating relationships with people and businesses is so important. Finding ways to create value or to gift someone with a referral are some of the amazing ways I love to run my business and life!

YOU ARE INVITED! Jan 23rd 5pm! Own a business and looking for a great team to support you in building that business? I joined this group two months ago and have enjoyed growing my market through this team of caring and motivated individuals that are accountable to each other. Join us! 

08/11/2021

🤔 Did you know you can buy a home with as little as 3.5% down? Or maybe even 0% down if you're a veteran or qualify for other specialized mortgage programs? 😍

👉 𝗜𝗳 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝘀𝗮𝘃𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗱𝗼𝘄𝗻 𝗽𝗮𝘆𝗺𝗲𝗻𝘁, 𝗯𝘂𝘁 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲 𝟮𝟬%, 𝘁𝗵𝗮𝘁'𝘀 𝗼𝗸. 𝗕𝘂𝘆𝗶𝗻𝗴 𝗮 𝗵𝗼𝗺𝗲 𝗺𝗮𝘆 𝗯𝗲 𝘄𝗶𝘁𝗵𝗶𝗻 𝘆𝗼𝘂𝗿 𝗴𝗿𝗮𝘀𝗽 𝗮𝗹𝗿𝗲𝗮𝗱𝘆!

If you would like to own your own home, and want to find out how you may be able to do it sooner than you think, then let's talk. I'm always here to help, and I would be glad to discuss your options with you so you are fully informed and not missing out on today's low rates.

𝗔 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗺𝗲 𝗶𝘀 𝗮𝗹𝘄𝗮𝘆𝘀 𝗳𝗿𝗲𝗲, 𝗮𝗻𝗱 𝘄𝗶𝘁𝗵 𝗻𝗼 𝗼𝗯𝗹𝗶𝗴𝗮𝘁𝗶𝗼𝗻. 𝗜 𝗹𝗼𝗼𝗸 𝗳𝗼𝗿𝘄𝗮𝗿𝗱 𝘁𝗼 𝘁𝗮𝗹𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂 𝘀𝗼𝗼𝗻.

08/09/2021

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗔𝘂𝗴𝘂𝘀𝘁 𝟵, 𝟮𝟬𝟮𝟭

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝘄𝗼𝗿𝘀𝗲 👎
Average mortgage rates improved some to start the week last week, but lost ground in the second half of the week to end the week slightly worse than the previous week. Friday's jobs data showed strength in the labor market, one of the indicators the Fed will use when deciding to reduce the bond purchases that have kept mortgage rates low, and helped push rates higher to end the week.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗴𝗼 𝗲𝗶𝘁𝗵𝗲𝗿 𝘄𝗮𝘆 ⚠️
Average mortgage rates this week have a good shot at rebounding after losing ground last week, although we may see rates end the week still slightly worse than recent best levels. We need to see how markets react to this week's inflation data though, because a negative reaction could pressure mortgage rates higher for the week instead.

𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Fed stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping keep mortgage rates low. If we see market concerns grow around speculation that the Fed could reduce bond purchases by the end of the year it could pressure rates higher.
- Economic data: Data on consumer and wholesale inflation will be released this week. Also multiple bond auctions this week could have a small effect on rates.

08/02/2021

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮, 𝟮𝟬𝟮𝟭

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 👍
Average mortgage rates improved slightly on the week, after markets responded positively to the Fed's policy statement and to Fed Chair Jerome Powell's press conference afterwards. Investors don't seem too concerned about the timing of the Fed's tapering of bond purchases, which have kept rates low since the start of the pandemic.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 👍
Average mortgage rates this week are likely to improve at least a little bit, although we do need to worry about some volatility on Friday when the jobs data is released. Rates will remain low this week though, even if we do see a slight increase at the end of the week. Most day to day movement will likely be a change in rebate pricing, the credit you get towards closing costs from your lender, or the fee you pay to get a lower rate, often called 'points'.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Fed stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping keep mortgage rates low. As long as concerns about the Fed reducing bond purchases remain at bay, we should see rates remain low.
- Economic data: Not much on the calendar this week, and the only data that is likely to have an effect on mortgage rates is Friday's jobs data.

07/29/2021

𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗮𝗹𝘄𝗮𝘆𝘀 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗴𝗲𝘁 𝗮 𝗹𝗼𝘄𝗲𝗿 𝗿𝗮𝘁𝗲 𝘄𝗵𝗲𝗻 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗶𝗻 𝗼𝗿𝗱𝗲𝗿 𝘁𝗼 𝘀𝗮𝘃𝗲 𝗺𝗼𝗻𝗲𝘆? 🤔

𝗪𝗮𝘆𝘀 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗰𝗮𝗻 𝘀𝗮𝘃𝗲 𝘆𝗼𝘂 𝗺𝗼𝗻𝗲𝘆...
✅ Getting a lower interest rate (we know this one already)
✅ Taking a higher interest rate, but taking cash out to consolidate debt (like credit card balances that come with a much higher interest rate)
✅ Refinancing to a lower number of years (you can do more than just 30 or 15 years, ask me for details)
✅ Using a refinance to pay for college (avoid student loans)
✅ Refinance to remove private mortgage insurance (home values have gone up, you may be able to avoid PMI with a refinance)

𝗜𝗳 𝘆𝗼𝘂'𝗱 𝗹𝗶𝗸𝗲 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁 𝗵𝗼𝘄 𝗺𝘂𝗰𝗵 𝗺𝗼𝗻𝗲𝘆 𝘆𝗼𝘂 𝗰𝗮𝗻 𝘀𝗮𝘃𝗲 𝗯𝘆 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴, 𝗷𝘂𝘀𝘁 𝗿𝗲𝗮𝗰𝗵 𝗼𝘂𝘁 𝗮𝗻𝗱 𝗹𝗲𝘁 𝗺𝗲 𝗸𝗻𝗼𝘄.

You'd be surprised at how many ways we can save you money overall, even if you already have a low rate!

07/26/2021

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗹𝘆 𝟮𝟲, 𝟮𝟬𝟮𝟭

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 👍
Average mortgage rates improved to start the week, as stocks worsened and investors looked to the safety of bonds. Although stocks did recover and ended the week with new highs, mortgage bonds performed well and helped to keep rates near recent best levels.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Average mortgage rates this week will remain low, but could move either direction or not much at all depending on what happens with this week's Fed meeting. This is a good week to discuss your particular rate situation with your mortgage professional, who can give you proper insight and advise if now is the time to lock in your interest rate.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Fed meeting: The Fed meets this week and will make a policy statement on Wednesday. Although the Fed will not move the fed funds rate, mortgage rates may get better or worse depending on comments about when and how it will taper bond purchases and how investors react.
- Fed press conference: Fed Chair Jerome Powell will hold a press conference on Wednesday, and it could cause movement in rates.
- Economic data: There is lots of data this week, including housing reports, but only a few releases have potential to affect rates.

07/21/2021

3️⃣ 𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝗖𝗮𝘀𝗵 𝗢𝘂𝘁 𝗥𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗥𝗮𝘁𝗲𝘀 𝗝𝘂𝘀𝘁 𝗚𝗼𝘁 𝗕𝗲𝘁𝘁𝗲𝗿 👍

Have you considered using some of the equity in your home and paying off debt like credit cards or car loans? How about using it to pay for college, or to do some improvements?

When you take "cash out" to use for something else, this is called a 'cash out refinance', and here are three reasons why now is a great time to consider doing one!

✅ 𝗛𝗼𝗺𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗮𝗿𝗲 𝘀𝗼𝗮𝗿𝗶𝗻𝗴 🏡
With the homes around you selling for more money in a housing market that is starved for inventory, your home's value is increasing and giving you more equity. More equity means you can either get more cash out, or you may get a better rate for borrowing much less than your home is now worth.

✅ 𝗥𝗲𝗰𝗲𝗻𝘁 𝗿𝗮𝘁𝗲 𝗮𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁𝘀 🎆
Cash out refinances got more expensive last year for most borrowers when additional fees were added by the Federal Housing Finance Agency to cash out transactions. Those fees have recently been removed, meaning you will pay less in fees or see a better rate when taking cash out!

✅ 𝗥𝗮𝘁𝗲𝘀 𝗵𝗮𝘃𝗲 𝗵𝗶𝘁 𝘁𝗵𝗲 𝗹𝗼𝘄𝗲𝘀𝘁 𝗹𝗲𝘃𝗲𝗹𝘀 𝗶𝗻 𝗺𝗼𝗻𝘁𝗵𝘀 📉
Rates have dipped, but won't stay this low for long.

𝗜𝗳 𝘆𝗼𝘂'𝘃𝗲 𝗴𝗼𝘁 𝗮𝗻𝘆 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗮𝗸𝗶𝗻𝗴 𝗰𝗮𝘀𝗵 𝗼𝘂𝘁 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗳𝗼𝗿 𝗮𝗻𝘆 𝗿𝗲𝗮𝘀𝗼𝗻, 𝗼𝗿 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗹𝗼𝘄𝗲𝗿 𝗿𝗮𝘁𝗲 𝗮𝗻𝗱 𝘄𝗮𝗻𝘁 𝘁𝗼 𝘁𝗮𝗹𝗸 𝗮𝗯𝗼𝘂𝘁 𝗶𝘁, 𝗿𝗲𝗮𝗰𝗵 𝗼𝘂𝘁 𝗮𝗻𝘆𝘁𝗶𝗺𝗲!

07/19/2021

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗹𝘆 𝟭𝟵, 𝟮𝟬𝟮𝟭

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 👍
Average mortgage rates worsened through the middle of the week before ending the week slightly better. Rates shrugged off increased consumer and wholesale inflation, calmed by Fed Chair Jerome Powell's testimony to Congress about the recovering economy and future Fed actions.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 👍
Average mortgage rates this week could improve, especially for cash-out refinances. This is a good week to discuss your particular rate situation with your mortgage professional, who can give you proper insight and advise if now is the time to lock in your interest rate. Even if we don't see rates improve, they will remain low this week.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Global economy: Concerns about a slowdown in the global economic recovery have pushed investors both overseas and domestically to seek shelter in safe havens (like mortgage bonds), which helps keep mortgage rates low.
- Peaking economy: There are concerns among investors that the economy has already peaked in its recovery, and that stocks are too optimistic. This also has investors seeking safety in bonds, helping rates.
- Economic data: There is no relevant economic data this week that should have an effect on rates.

07/12/2021

🏠 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗝𝘂𝗹𝘆 𝟭𝟮, 𝟮𝟬𝟮𝟭

𝗥𝗲𝗰𝗮𝗽 𝗼𝗳 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸: 𝗥𝗮𝘁𝗲𝘀 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 👍
Average mortgage rates were better last week as sentiment shifted in favor of bonds, setting the stage for rates to improve. Concerns about inflation have seemed to evaporate and concerns about global reflation have taken their place, slowing down stocks but helping bonds and keeping rates low.

𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝘄𝗶𝗹𝗹 𝗿𝗲𝗺𝗮𝗶𝗻 𝗹𝗼𝘄 👍
Average mortgage rates this week will remain low, but could move either way depending on how traders react to this week's economic data and how market sentiment plays out. Sometimes we find ourselves at a crossroads, like now, and we have to be reactionary to how the markets move during the week. This week is a great time to stay in touch with your mortgage professional for guidance.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Fed testimony: Fed Chair Jerome Powell will provide his semiannual report to Congress about the state of the economy, and his comments could cause some movement in rates this week.
- Economic data: A busy week for economic data, including consumer inflation data that could pressure rates for the week. We will also see wholesale economic data, and a few Treasury auctions.
- Investor sentiment: A distinct shift in investor risk tolerance is helping rates.

07/08/2021

⚠️ 𝗛𝗲𝗿𝗲'𝘀 𝗮 𝘄𝗮𝗿𝗻𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗼𝘀𝗲 𝗼𝗻𝗹𝗶𝗻𝗲 𝗹𝗲𝗻𝗱𝗲𝗿𝘀... 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲𝗻'𝘁 𝗮𝗹𝘄𝗮𝘆𝘀 𝗮𝘀 𝗴𝗼𝗼𝗱 𝗮𝘀 𝗮𝗱𝘃𝗲𝗿𝘁𝗶𝘀𝗲𝗱.

Who's going to answer your questions... help you get a low rate... make sure you've taken advantage of any special programs available to you? 🤔

👍 As a local mortgage professional, I'm available to talk when it is convenient for you and not just during "business" hours. You won't get a different person every time you call, instead I'll know your unique situation and how to help you get the most house for your money.

𝗬𝗼𝘂'𝗹𝗹 𝗯𝗲 𝗮𝗯𝗹𝗲 𝘁𝗼 𝘁𝗲𝘅𝘁 𝗺𝗲 𝗹𝗶𝗸𝗲 𝘄𝗲'𝗿𝗲 𝗯𝗲𝘀𝘁𝗶𝗲𝘀, 𝗲𝗺𝗮𝗶𝗹 𝗺𝗲 𝗶𝗳 𝘁𝗵𝗮𝘁'𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗽𝗿𝗲𝗳𝗲𝗿, 𝗰𝗮𝗹𝗹 𝗺𝗲 𝘁𝗼 𝘁𝗮𝗹𝗸 𝗽𝗮𝘆𝗺𝗲𝗻𝘁, 𝗼𝗿 𝗲𝘃𝗲𝗻 𝘁𝗼 𝗺𝗲𝗲𝘁 𝗳𝗮𝗰𝗲-𝘁𝗼-𝗳𝗮𝗰𝗲 𝗶𝗳 𝘆𝗼𝘂 𝗹𝗶𝗸𝗲.

Don't worry, I have lots of technology at my fingertips to make the process convenient, but I'll still give you the personal attention that will let you sleep at night knowing someone is looking out for you and making sure everything goes according to plan.

𝗧𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁 𝗶𝘀 𝗺𝘆 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘂𝘀𝘂𝗮𝗹𝗹𝘆 𝗴𝗲𝘁 𝗮 𝗯𝗲𝘁𝘁𝗲𝗿 𝗿𝗮𝘁𝗲 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗺𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲𝘆 𝘄𝗼𝘂𝗹𝗱 𝗵𝗮𝘃𝗲 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗯𝗶𝗴 𝗯𝗮𝗻𝗸𝘀 𝗼𝗿 "𝗷𝘂𝘀𝘁 𝗮 𝗻𝘂𝗺𝗯𝗲𝗿" 𝗼𝗻𝗹𝗶𝗻𝗲 𝗹𝗲𝗻𝗱𝗲𝗿𝘀.

👉 𝗚𝗶𝘃𝗲 𝗺𝗲 𝗮 𝗰𝗮𝗹𝗹, 𝘁𝗲𝘅𝘁, 𝗼𝗿 𝗲𝗺𝗮𝗶𝗹 𝘁𝗼𝗱𝗮𝘆 so we can find out what mortgage works best for you.I look forward to talking soon!