Mortgage Rates and the Market – December 15th

CONVENTIONAL 30: 6.49%......6.63% APR

CONVENTIONAL 15: 5.99%.......6.215% APR

VA 30: 6.25%.......6.522% APR

FHA 30: 6.49% .....6.125...6.932% 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

Discount fee: 1%

This Week's News:

BLS Jobs Report showed 199k new jobs created however more revisions down from prior months. We DONT believe this report will change the Fed's course of action although Powell may have another Hawkish tone in his comments next week.

Next Week:

Monday: NAHB Housing Market Index

Tuesday: Housing Starts and Permits

Wednesday: Mortgage Apps - Existing Home Sales - 20 Year Bond Auction

Thursday: GDP Q3 Final Reading - Initial Jobless Claims

Friday: PCE - New Home Sales

Does Your client need to offer over asking price? Show them this:

https://www.smithmtg.com/presentation/99774


*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

Discount fee: 1%

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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

Reviews

"Noel and his team made the process of securing a home loan so easy. They communicated with me regularly and were quick to respond when I had a question. Being able to upload and view/sign documents electronically was also extremely convenient."

lori f

"Excellent communication and knowledge throughout the entire process. I have worked with Noel and his team on several different home transactions and wouldn’t go anywhere else."

jason s

"Flexibility and understanding of needs."

george s