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Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial July 20 2023
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Hey there! It's Ron Siegel with a quick snapshot of today's mortgage market trends.
-Bonds took a slight hit today, affecting rate sheets, but no need for alarm - we may see improvement soon.
-The Federal Reserve meeting next week could influence future rates, so let's keep an eye on it.
-If your loan is closing in less than 15 days, it's best to wait a bit before locking anything in.
-For loans closing in 15-30 days or more, consider "floating" - there's no immediate rush to lock in.
Want to dig deeper? For a detailed look at these trends, and advice on how to navigate them, check out the full report on my website. Let's conquer this mortgage market together!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
-Bonds took a slight hit today, affecting rate sheets, but no need for alarm - we may see improvement soon.
-The Federal Reserve meeting next week could influence future rates, so let's keep an eye on it.
-If your loan is closing in less than 15 days, it's best to wait a bit before locking anything in.
-For loans closing in 15-30 days or more, consider "floating" - there's no immediate rush to lock in.
Want to dig deeper? For a detailed look at these trends, and advice on how to navigate them, check out the full report on my website. Let's conquer this mortgage market together!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com