CONVENTIONAL 30: 6.625%/6.767 APR
CONVENTIONAL 15: 6.125%/6.351 APR
VA 30: 6.375%/6.65% APR
FHA 30: 6.375%/7.188% APR
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*Your Actual Rate, Payment, and Costs could be higher. Get an official Loan Estimate Prior to Choosing a home
Credit Score Used for Analysis: 780
Rates: Overall rates are up .125% across the Board stemming from higher than expected GDP
Fed hinting on raising the fed funds rate one to two more times. (NOTE: Fed raising meaning inflation lower, mortgage rates lower)
FRIDAY: JOBS REPORT
THIS IS BIG - STUDENT LOAN PAYMENT INFO GOING OUT TO YOUR CLIENTS IN AUGUST, DUE IN OCTOBER.
DO YOU OR YOUR CLIENTS HAVE STUDENT LOANS? PLEASE READ: We have teamed up with LoanSense a student loan advisor that can assist with any questions you or your clients have. Additional info here:
https://myloansense.com/c/noel-smith
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Need A Quick Pre-Approval?......Your Home Application here:
https://mtgpro.co/dr/c/coeap
Schedule a meeting with me:
https://calendly.com/noels-1/30min
We're available!
The Smith Group
SmithGroup@fairwaymc.com
208.406.2451