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

"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