Mortgage Applications Dip 4% as Rates Climb Near 7%: What This Means for You
Let me be straight with you, because that is what I do best: the mortgage market just gave us another reminder that timing and strategy matter more than ever. Mortgage applications dropped 4% recently as the 30-year fixed rate climbed to 6.97%, marking its highest level since May 2025. The 10-year Treasury rate edging toward […]
Bonds Only Moderately Higher After Surprising Jobs Report: What Mortgage Shoppers Need to Know
If you have been watching the mortgage market like a hawk lately, waiting for the perfect moment to lock in a rate, this morning’s jobs report probably had you reaching for your coffee a little faster than usual. I know it had me doing a double take before my first cup was even finished. Let […]
Congress Finally Acted on Housing. Now the Real Work Begins.
If you have been following housing news lately, you know that affordability has been the elephant in the room for years. Whether you are a first-time homebuyer trying to break into the market or a seasoned investor looking at multifamily opportunities, the challenges have been real and persistent. So when Congress passed the 21st Century […]
What’s Up With Today’s Paradoxical Fed Reaction? Breaking Down the Bond Market Confusion
If you tuned into the markets today expecting a straightforward story, you probably walked away scratching your head. Trust me, you are not alone. Even those of us who watch these moves daily found ourselves raising an eyebrow or two at how things unfolded. Let me break down what happened, why it matters for mortgage […]
What the Rise in LIHTC Investment Means for Housing and Mortgage Markets in 2025
If you have been following housing news lately, you have probably noticed a significant uptick in Low-Income Housing Tax Credit investment activity. Recently, the industry saw a major player raise $137 million for a multi-investor LIHTC fund, bringing their total equity above $240 million. This fund alone targets nearly 2,000 housing units across 20 properties […]
Housing Market Spotlight: The Local Markets Behind This Week’s National Story
Housing Market Spotlight: The Local Markets Behind This Week’s National Story If you have been following the national housing headlines lately, you have probably noticed something interesting: despite the typical holiday slowdown, housing demand across the country held remarkably steady. As someone who spends his days helping buyers navigate everything from conventional loans to DSCR […]
Mortgage Rates Start New Week Flat: What It Means for Your Refinance Plans
After a three-day holiday weekend, I half expected to wake up Monday morning and see mortgage rates doing something dramatic. That is usually how it goes when markets close for an extended break. Volatility tends to sneak in when you least expect it. But not this time. Rates came out of the weekend looking almost […]