CONVENTIONAL 30: 6.99%/7.137 APR
CONVENTIONAL 15: 6.75%/6.985 APR
VA 30: 6.75%/7.033% APR
FHA 30: 6.75%/7.572% 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
This Week: Rates up due to ADP jobs report adding many more jobs than expected. Overall rates higher by .5% from last week. BLS Jobs report came in today less than expectations. The big driver in jobs, part time workers.
Next Week: CPI and PPI Inflation data. We expect those to come in low. To confirm, Inflation lower rates lower.
THIS IS BIG - STUDENT LOAN PAYMENT INFO GOING OUT TO YOUR CLIENTS IN AUGUST, DUE IN OCTOBER.
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
