Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial September 28 2023

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If you're eyeing a new home or considering a refinance, you'll want to know the latest in mortgage rates. Spoiler alert: they're on the rise. Here's a quick rundown:
Rates are Climbing: Expect a base rate around 7.5%, possibly hitting 7.75% by week's end.
Fed Isn't Helping: Don't count on a rate cut from the Federal Reserve anytime soon.
Government Shutdown?: Unlike before, a shutdown likely won't lower mortgage rates this time.
For the full lowdown, don't miss out on reading the complete report. Stay savvy, my friends! #MortgageRates #HomeBuying #FederalReserve #RateLock
Hope this helps you navigate these choppy waters. Until next time!
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