Mortgage Rates – October 6th

CONVENTIONAL 30: 7.625%/7.78 APR
CONVENTIONAL 15: 7.375%/7.618 APR
VA 30: 7.375%/7.672% APR
FHA 30: 7.375%/8.212% APR
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Jobs Data is In
BLS Jobs Report show 336k New Jobs Created in September, much stronger than 170k estimated. More jobs = Pressure on Mortgage Rates.
Where are the New Jobs coming from: Part Time workers and Multiple job holders. So, this gives you a bit of a different picture showing cracks in a job picture that may not be nearly as good as these general numbers show, we shall see!
Next Week -
Monday - Markets Closed for Columbus Day
Tuesday - Small Business Optimism Index
Wednesday - Producer Price Index and Mortgage Apps
Thursday - Consumer Price Index and Initial Jobless Claims
Friday -
*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
Discount fee: 1%
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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