Into the Weekend: Mortgage Rates July 7th

CONVENTIONAL 30: 6.99%/7.137 APR
CONVENTIONAL 15: 6.75%/6.985 APR
VA 30: 6.75%/7.033% APR
FHA 30: 6.75%/7.572% 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
This Week: Rates up due to ADP jobs report adding many more jobs than expected. Overall rates higher by .5% from last week. BLS Jobs report came in today less than expectations. The big driver in jobs, part time workers.
Next Week: CPI and PPI Inflation data. We expect those to come in low. To confirm, Inflation lower rates lower.
THIS IS BIG - STUDENT LOAN PAYMENT INFO GOING OUT TO YOUR CLIENTS IN AUGUST, DUE IN OCTOBER.
We have teamed up with LoanSense a student loan advisor that can assist with any questions you or your clients have. Additional info here: https://myloansense.com/c/noel-smith
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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

"This is the second time I have used Noel and his team and both time has been an absolute seamless smooth experience. Any questions or concerns you have get answered promptly. Thank you Noel & Darcy and the rest of your team!"

randy michaels

"Noel and Darcy were so responsive and helpful. Both kind, clear communicators, and motivated to make the process of home buying as low stress as possible. My real estate agent was so impressed and said they were some of the best loan officers she had ever worked with!"

haley robinson

"Noel and Darcy were so responsive and helpful. Both kind, clear communicators, and motivated to help make the process of home buying as low-stress as possible."

haley r