"Ron has amazing insight into the financial and real estate markets."
doug waldman
Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial August 1 2023
Page 1 of 1
Let me give you a quick run-down of today's mortgage market status:
-The cost of home buying has notably risen since yesterday, with moderate chances of more changes today.
-Mortgage rates could increase unless we see a downturn in the jobs data by Friday.
-Immediate closings? Stay cautiously optimistic but consider locking in your rate.
-15-30 day closings? Cautious optimism again, but keep an eye on jobs and CPI data.
-For loans closing in 30+ days, floating your rate could be beneficial as we watch the data trends.
The housing mortgage market is always on the move. To get a full understanding of what's going on, take a look at our detailed report. Stay informed and make the best decisions for your financial future!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
-The cost of home buying has notably risen since yesterday, with moderate chances of more changes today.
-Mortgage rates could increase unless we see a downturn in the jobs data by Friday.
-Immediate closings? Stay cautiously optimistic but consider locking in your rate.
-15-30 day closings? Cautious optimism again, but keep an eye on jobs and CPI data.
-For loans closing in 30+ days, floating your rate could be beneficial as we watch the data trends.
The housing mortgage market is always on the move. To get a full understanding of what's going on, take a look at our detailed report. Stay informed and make the best decisions for your financial future!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com