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

"Very easy to work with, great communication, very helpful with any questions we had as first time home buyers. Will highly recommend Noel and his team to anyone interested in buying a house!!!!!!"

aaron m

"Everyone is so nice. They try everything they can and do as much as they can for the people trying to buy a home. I am a first time home buyer and knew little about this and Noel was happy to answer all of my questions. Also the app was so nice to have! It made uploading documents super easy. Being able to e-sign for just about everything also was great. We will definitely be using Noel and his team again for any future purchases!!"

alexus o

"It was great because Noel communicated very well! He went above and beyond to help us get everything done in this process."

skyler p