03/31/2026
Mortgage Rates & Market Watch: What’s Really Happening??
Market Pulse: Rates Hit 2026 Highs
It’s been a volatile week. After a brief dip below 6% in February, top-tier 30-year fixed mortgage rates have moved back above 6.5%. The market is reacting to stronger-than-expected economic data, making it more important than ever to stay ahead of the curve.
What this means for clients:
Locking is Key: In this environment, waiting a day can mean a significant difference in monthly payments.
The "Lender Switch" Scare: I've seen a lot of discussion lately about mortgages being sold to new lenders and payments suddenly increasing due to escrow adjustments.
A good note on this is that the New AND Old lender have to notify your client when a mortgage is sold. And if a payment is missed due to this, they are generally very good to work with.
OR Avoid this all together and let your lender know you do not want your mortgage to be sold, and they can sell the mortgage to a lender who will never move your loan!
Policy Watch: Senator Hawley Takes on Credit Fees
Homebuyers are facing enough hurdles, and Senator Josh Hawley is stepping up to help. He is currently investigating the "outrageous" price hikes for credit reports that have added unnecessary costs to the mortgage process after they have doubled in the past couple years.
Realtor Corner: The April "Sweet Spot"
Did you know the third week of April is statistically the best time to list a home?
Demand is peaking, but inventory hasn't fully flooded the market yet.
Strategies for your business:
Target Hesitant Sellers: Reach out to your database now. Let them know that listing in the next 30 days puts them in the best position for a fast sale at top dollar.
Amortization Hacks: Buyers are asking how to beat high rates. Show them the power of extra principal payments. Even an extra $100 a month can shave years off a loan and save tens of thousands in interest.
Let's get you a mortgage.
