Chris Peterson Insight Loans

02/16/2026

Renovation Loans

Stop walking away from homes that need work.
You don’t need one loan to buy and another loan to renovate.
With a renovation loan, the purchase price and the improvements are combined into one mortgage.
First, we determine the home’s future value after improvements.
Next, your licensed contractor provides estimates.
After closing, funds are released in stages as the work is completed.

Instead of settling for someone else’s updates, you create the home you want — and potentially build equity from day one.

Insight Loans LLC
NMLS # 203765
Chris Peterson NMLS # 270325
Equal Housing Lender

02/13/2026

Mortgage Rate Watch

📊 Market Update

• Headline CPI came in LOWER than expected
• Inflation rose just 0.17% (vs. 0.3% expected)
• January inflation was much cooler than in typical years
• Disinflation seen in cars, food, and energy
• Core CPI (excluding food & energy) came in at 0.3% — as expected

💼 Labor Market Update
• Jobless claims continue to show a stable job market

📈 Bond Market Update
• Yesterday’s 30-Year Bond Auction helped pricing
• Inflation coming in cooler usually helps mortgage rates
• Market had a brief rally this morning, but gains faded quickly

Bottom Line:
Inflation data were encouraging, but markets remain cautious. Rates didn’t move significantly this morning despite the better-than-expected headline number.

02/12/2026

Michigan Homeowners!!
Find out how much CASH $$ You’ll walk away with when you sell
Calculate your cash at closing in seconds
Net Proceed Calculator

02/12/2026

Economy

Key Points
• January payrolls surprised to the upside yesterday with 130k jobs added and the unemployment rate dipping to 4.3%. The better-than-expected payrolls report reinforces Fed officials’ inclination to keep interest rates on hold for now.
• PennyMac announced on Wednesday that it intends to acquire Cenlar Capital for $257.5 million. Cenlar subservices $740 billion in UPB and is the second largest subservicer.
• Mortgage applications were roughly flat last week (? 0.3%) following an 8.9% drop in the previous period. The average 30yr mortgage rate held flat at 6.21%.

January Payrolls:
US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026. Employers added 130k jobs last month and the unemployment rate declined to 4.3%. The pickup in January hiring was led by health care, which added the most jobs since 2020 and accounted for the majority of overall job growth in 2025. Construction and professional and business services also added jobs, while manufacturing saw the first monthly gain in employment in more than a year. Federal government payrolls continued to decline. The BLS is also set to revise payrolls down for 2025 by an estimated 1 million jobs. The revisions will show the deep freeze in the labor market started in mid-2024, and the labor market improved after the Fed started cutting rates in September 2024, only to falter again following increased tariffs in 2025.

MBA Mortgage Applications:
Mortgage applications saw a roughly flat week last week with refinance applications increasing 1.2% and purchase applications declining 2.4%. The flat week follows a 8.9% decline in the previous week which was largely caused by winter weather. The average 30yr mortgage rate held flat at 6.21%. The refinance index increased 1% from the previous week and was 101% higher than the same week one year ago, while refinance activity decreased to 56.4% of total applications. ARM share of activity increased to 8% of total applications, and the FHA share increased by 60 bps to 18.4%.

02/12/2026

Looking forward to the summer- Lake Michigan South Haven

01/21/2025

01/17/2025

Help setting a sale price is at the top of a seller’s wish list when they work with an agent, so make sure to let yours know that most homes sell for just about the same as they are listed for.

01/15/2025

At an age where change is common, the average Younger Millennial stays in a home roughly 5 years less than other homeowners – so you’ll want to stay in touch. We’ve got the co-branded marketing materials to help you do just that.

01/14/2025

We know you could do the math yourself, but we also have this handy calculator and lots of helpful information all in one place! If you want to make it even easier, just get in touch and we’ll chat about yours.

Start here: http://spr.ly/6182tphhw. Then we’ll connect.

01/10/2025

Knowing a seller’s motivations can put you two steps ahead for buyers. Reasons to move instantly translate to flexibility and urgency of sale – making you the expert.

01/08/2025

Stated simply, this marks the fourth straight month of pending home sales increases. The waiting game might be over, and we’re ready to act when your clients make the call! 💰 🏡