Saturday Morning Joe – The Only Weekly Mortgage Market Update You Need! 10-28-23
Saturday Morning Joe – The Only Weekly Mortgage Market Update You Need! 10-28-23
Welcome Back! What a month it has been for mortgage rates! WOW. You don't want to miss this week's deeper dive.
Grab some coffee and get caught up in just a few minutes with what's going on in the current mortgage market, including rates, talking points, affordability hacks for buyers, and ways we can work together to best help today's homebuyers through education rather than emotion.
These past few weeks have been busy news weeks - Fed speak is still doing damage to mortgage rates (please listen to NAR Chairman Powell), they didn't raise this period but their comments expose their ignorance. AND NOW Industry Lobby Leaders like NAR, MBA, and David Stevens (former Director of FHA), amongst many others, are OPENLY CALLING for the Fed to improve things - easy steps that are not bailout moves but rather common sense.
FHA remains the affordability front runner for 90% of the Clients we talk to right now and you'll see why if you watch this week's analysis. Check out the deeper dive to see what the mbs markets actually did this week. Lots of economic news this week! See how it affected the mortgage rate markets here.
As always, we are here for you - when you are working, we are working.
The analysis above was priced with current rates based on a 740 credit score, primary residence home purchase for FHA, VA, and Conventional loan structures.
The links on the right (or down below on mobile) will take you to:
* A Deeper Dive screen recording illustrating what rate market did this week and why. Along with Talking Points for the week.
* National Average Rates so you are confident your clients will always be getting below market rates using Joe Wiggins, your Preferred Mortgage
Broker!
Let's win together! If you'd like to collaborate on an IG Reel, Post, or Story just LMK!
Grab some coffee and get caught up in just a few minutes with what's going on in the current mortgage market, including rates, talking points, affordability hacks for buyers, and ways we can work together to best help today's homebuyers through education rather than emotion.
These past few weeks have been busy news weeks - Fed speak is still doing damage to mortgage rates (please listen to NAR Chairman Powell), they didn't raise this period but their comments expose their ignorance. AND NOW Industry Lobby Leaders like NAR, MBA, and David Stevens (former Director of FHA), amongst many others, are OPENLY CALLING for the Fed to improve things - easy steps that are not bailout moves but rather common sense.
FHA remains the affordability front runner for 90% of the Clients we talk to right now and you'll see why if you watch this week's analysis. Check out the deeper dive to see what the mbs markets actually did this week. Lots of economic news this week! See how it affected the mortgage rate markets here.
As always, we are here for you - when you are working, we are working.
The analysis above was priced with current rates based on a 740 credit score, primary residence home purchase for FHA, VA, and Conventional loan structures.
The links on the right (or down below on mobile) will take you to:
* A Deeper Dive screen recording illustrating what rate market did this week and why. Along with Talking Points for the week.
* National Average Rates so you are confident your clients will always be getting below market rates using Joe Wiggins, your Preferred Mortgage
Broker!
Let's win together! If you'd like to collaborate on an IG Reel, Post, or Story just LMK!