Craig Gough, Mortgage Lender

03/19/2026

The Fed held rates steady yesterday. Here's what that means for you.

The Federal Reserve kept interest rates unchanged at their March meeting, but Chair Powell signaled that inflation isn't cooling as fast as they'd like. Wholesale prices jumped 0.7% in February, well above expectations, and that's keeping the bond market on edge.

What does this mean for mortgage rates? Right now the 30-year fixed is sitting around 6.4%, near the highest levels we've seen in several months. The Fed isn't cutting anytime soon, and rising energy costs from global tensions are adding pressure.

But here's the thing... waiting for the "perfect" rate has a cost too. Home prices aren't dropping, inventory is still tight, and pending home sales actually rose 1.8% last month. Buyers are still out there making moves.

If you've been on the fence, let's talk about what today's rates actually look like for YOUR budget and your goals. You might be surprised.
Craig Gough | Bay Capital Mortgage Corp
NMLS # 455861 | Company NMLS # 39610
Equal Housing Lender |

NMLS Consumer Access has detected that you are using an outdated internet browser which does not meet industry data encryption standards. Please download the latest version of your preferred internet browser to use NMLS Consumer Access.

03/18/2026

03/18/2026

Your lender quoted you a great rate, but what about those hidden fees that could add thousands to your closing costs? Most Maryland buyers get hit with surprise charges they never saw coming.

That appraisal fee, title insurance, discount points - they all add up fast. A good loan officer explains every fee upfront, not after you're already committed.

Comment 'Home' or send me a message to get the full breakdown of what to expect at closing.



Educational content only. Not a commitment to lend.
Craig Gough NMLS # 455861 | Bay Capital Mortgage Corporation NMLS # 39610
Equal Housing Lender

03/11/2026

03/10/2026

Every transaction starts with strong industry advocacy. SMAR and RPAC are fighting to protect property rights and keep real estate professionals at the center of every deal, but they need our support to do it.
An RPAC investment isn't about party lines. It's about making sure pro-real estate voices are heard where policy gets made.
If you're a REALTOR in Southern Maryland, let's make sure our market has a seat at the table this year.
Comment "Home" below to connect and learn how you can get involved.

03/04/2026

In a competitive Maryland market, a pre-approval letter is the difference between winning and losing the home you want. It takes about 15 minutes to start.

Comment "Home" or send me a message and I'll walk you through it.



Educational content only. Not a commitment to lend.
Craig Gough NMLS # 455861 | Bay Capital Mortgage Corporation NMLS # 39610
Equal Housing Lender

10/28/2025

Is now the time to make your move—or should you wait?
With the Fed’s recent rate cut, both buyers and homeowners are weighing their next step.

The truth is, timing the market perfectly is nearly impossible—but understanding your options isn’t.

Watch this quick breakdown to help you decide if buying or refinancing now makes sense for you.

10/17/2025

🏡 Wondering how much home you can really afford right now?

Rates and prices have shifted — and what once fit your budget might look different today.
The good news: even small changes in your loan terms can make a big difference in buying power.

Let’s talk strategy before you start your home search. 💬

10/14/2025

Small changes can lead to big savings.

A higher credit score, a bit more down, or a shorter loan term might shift your rate and lower your payment faster than you think.

The key? Knowing your options before you lock in.

Talk to your lender about side-by-side comparisons—you might be surprised what a few small tweaks can do.

04/19/2023

FHOP loan works best for so many first time buyers. No down payment, No Mortgage Insurance. That says it all.
Call for all the details