Jon Ritter at Ritter Mortgage Group

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Jon Ritter at Ritter Mortgage Group Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Jon Ritter at Ritter Mortgage Group, Loan service, 1230 Nottingham Road, Westminster, MD.

Mortgage Broker | Top 1% Loan Originator | Purchase, Refi & Every Loan Type | Partnering with Realtors & Buyers Across 12 States | NMLS #210106
Get Started --> https://jonritter.com/get-started

Wonderful, Brittany - your success story is exactly why we love what we do.
10/15/2026

Wonderful, Brittany - your success story is exactly why we love what we do.

10/14/2026

What if the mortgage advice you've trusted was written for a world that no longer exists?

Dave Ramsey got a lot right. But are his homebuying rules holding you back?

Comment LONG VIEW for the full article.

Jon Ritter NMLS #210106 | Ritter Mortgage Group

Licesned in:
CA, CO, DC, DE, FL, MD, MI, PA, SC, TX, VA, WV

Here's the framing error I see behind almost every expensive mortgage mistake:People optimize for the rate. They should ...
10/13/2026

Here's the framing error I see behind almost every expensive mortgage mistake:

People optimize for the rate. They should be optimizing for the total cost.

They're related — but they're not the same thing.

The rate tells you the price of borrowing money today. The total cost tells you what this loan will actually cost you, given how long you'll realistically keep it. Those two numbers can look very different depending on your situation.

Here's where it gets costly:

→ Most people don't keep a mortgage as long as they think they will. The average hold time on a 30-year fixed is about 8 years right now. Life changes — people refinance, move, pull equity. If your loan has upfront costs you won't live long enough to recover, the "better rate" was never actually better for you.

→ On refinances, fees and points are often rolled into the new loan balance. The rate looks great. The balance quietly went up. That's a cost — even if it didn't come out of your pocket at closing.

→ Cash to close, monthly payment, and total cost all look at different things. Conflating them leads to choosing the loan that wins in one category while losing in two others.

The fix isn't complicated. It's just a different frame: total cost over the time you'll actually keep the loan, not just the rate on day one.

That's the foundation of how I think about every loan. Full article in the comments — and if you want to see your numbers this way, I can put together a Financing Snapshot for you.

What's the one number you focus on most when evaluating a mortgage? 👇






Ritter Mortgage Group, Inc. | NMLS #1436890 | Jon Ritter NMLS #210106 | Equal Housing Lender

Rates on a 30-year fixed ticked down last week and closed Friday in the mid 7s, the lowest in two weeks, after a steady ...
10/12/2026

Rates on a 30-year fixed ticked down last week and closed Friday in the mid 7s, the lowest in two weeks, after a steady upward trend. Oil eased last week after the President said there will be no strikes on Iran before the November 3 midterms.

Over the weekend, though, as Houthi attacks on Saudi Arabia escalated, upward pressure on oil has it up more than 1% this morning. Bond markets are closed for Columbus Day, so pricing isn’t available until tomorrow, and at the moment we expect a small move higher when they reopen.

Wednesday’s CPI report (the main inflation index) comes out at 8:30 a.m., before lenders publish rates. Rates tend to hold steady going into announcements, then move depending on whether inflation comes in above or below expectations. To avoid the risk, if you have a loan in process, you’d want to lock by the end of Tuesday, depending on your closing date.

(Source: Mortgage News Daily index as of October 2026. National market averages shown for educational tracking; individual quotes are tailored to your specific scenario.)

Ritter Mortgage Group, NMLS #1436890 | Jon Ritter, NMLS #210106


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Columbus Day was initially celebrated to elevate Italian heritage after 1891 hate crimes against Italian Americans. To b...
10/12/2026

Columbus Day was initially celebrated to elevate Italian heritage after 1891 hate crimes against Italian Americans. To be sure, Columbus's impact on Indigenous peoples was catastrophic, and that deserves honesty, not erasure. But like all labels, it doesn't supersede the principles we live by — today we honor both, Italian and Indigenous culture, as part of this great country's mix of peoples.

10/09/2026

🏡 Here's something most homebuyers don't know about mortgage rates…

Lenders don't price their loans based on the market alone. How busy they are can also affect the rate you're offered.

That means who has the best deal today might not have the best deal tomorrow.

🎥 Watch this quick insight from our Fall 2026 Buyer's Brief.

Want the full picture? The link to our Fall 2026 Buyer's Brief is in the first comment. 👇

Thanks for the kind words, Ryan. They mean a lot to us.
10/08/2026

Thanks for the kind words, Ryan. They mean a lot to us.

Thinking about buying? Get the facts on buying in 2026 -> link in comments.
10/06/2026

Thinking about buying? Get the facts on buying in 2026 -> link in comments.

The 30-year fixed is in the mid 7s this morning, with upward pressure as I post.Today's ISM (Institute for Supply Manage...
10/05/2026

The 30-year fixed is in the mid 7s this morning, with upward pressure as I post.

Today's ISM (Institute for Supply Management) services report showed prices paid by service businesses rising to 74.0 from 72.6. Together with oil prices held up by the closed Strait of Hormuz and fighting in Yemen near the Red Sea shipping route, that reversed the improvement we saw after Friday's weak jobs report.

The 10-year Treasury yield is near 5.28%, and the 30-year Treasury is near its highest level since 2002, with heavy government and corporate borrowing, including for AI data centers, adding to bond supply. Inflation is pushing one way and jobs data the other.

Buying or refinancing soon? Contact me to discuss the best option for you.

(Source: Mortgage News Daily index as of October 2026. National market averages shown for educational tracking; individual quotes are tailored to your specific scenario.)

Ritter Mortgage Group, NMLS #1436890 | Jon Ritter, NMLS #210106

Thanks, Brian. That you would recommend us to fmaily and friends is the highest praise.
10/01/2026

Thanks, Brian. That you would recommend us to fmaily and friends is the highest praise.

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1230 Nottingham Road
Westminster, MD
21157

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