Directors Mortgage

Here’s your weekly market recap 📊, starting with the 10-year note closing prices: 📈 Monday: 3.739% 📉 Tuesday: 3.736% 📈 Wednesday: 3.781% 📈 Thursday: 3.791% 📉 Friday (current): 3.749% After hitting a recent low of 3.621% on September 16th, just before the FED meeting, we’ve seen a slight increase in the 10-year note and rates. However, today marks the first day of a slight decline 📉. There’s always a lot of speculation leading up to major events like FED meetings, especially this one as many anticipated the first rate drop in 4 years. The aftermath can be a bit counterintuitive, as markets take time to digest the news and adjust trading strategies. 📊 Inflation data just released showed better-than-expected results with yr/yr PCE at +2.2%, and the monthly CORE PCE has dropped for three consecutive months. The inflation target is now much closer to the FED’s goal, shifting their focus toward employment. 🏦 Next week will be an interesting one to watch—will today’s drop in the 10-year note lead to a downward trend? Stay tuned! 🔍 #MarketRecap #FinancialUpdate #BrettHomeLoans #FocusedOnYou #DirectorsMortgage

Yesterday, the 30-Year Fixed-Rate Mortgage reached its lowest level in two years! (Source: Freddie Mac). Even a small change in interest rates can have a BIG impact on your purchasing power. 💰🏠 Give us a call to discuss your options!

Considering buying a home? Here are 3 reasons to make your move this Fall: ⬆️ Inventory is growing, giving you more options. 🛠️ Newly built homes may be more budget-friendly than you'd expect. 📉 Mortgage rates have come down from their recent peak last October. Have questions? Your local Mortgage Specialists are here to help!

Stop by our office for the Lake Oswego Wine Walk on October 5th! 🍷 We'll be serving wine from our local partner, Tumwater Vineyard. Purchase your tickets before they sell out! 🍾

Dawn Irwin joined Premiere Property Group, LLC for their Circle of Giving volunteer event at the Oregon Humane Society today! We love working with our PPG friends to give back to our community. 🐶❤️ #community #dmcares

Once a house is under contract, an inspector will assess the home's condition. Whether you're buying or selling, knowing what inspectors are looking for can help you feel prepared and confident. 🏠 Questions? We're always here to help!

Good news if you're looking for a home – the supply of newly built and existing available homes has grown this year! 🏘️ Not sure which kind of house is for you? Depending on the features you're looking for, there are pros and cons to each! Give us a call to discuss your options today.

As a homebuyer, you have negotiating power! From prices and repairs to seller credits and appliances, there are various levers you can pull during the deal. 🏡 Your Mortgage Specialist can help you gain a better understanding of what's up for negotiation. Give us a call to start the conversation.

📉 Rate Watch! 👀 As of September 5th, the average 30-Year Fixed Mortgage Rate has dropped to 6.35%, and the 10-Year Treasury Note has decreased to 3.733%, the lowest rate since 2023 (Source: Freddie Mac). Although home sales stalled a bit over the summer, refinancing activity has increased as rates have declined. This week, mortgage rates have remained steady as markets await the release of the much-anticipated August jobs report. Encouraging progress has been made, signaling that we are now entering the third phase of the rate cycle: the decline. However, the speed of this decline will heavily depend on upcoming economic reports and the approach to the election.

Join us in welcoming Angela Reynolds, Producing Branch Manager at our newest branch location in Spokane, WA. 🙌 We're so excited you're joining the team!