Mortgage Rates and the Market – December 15th

CONVENTIONAL 30: 6.49%......6.63% APR

CONVENTIONAL 15: 5.99%.......6.215% APR

VA 30: 6.25%.......6.522% APR

FHA 30: 6.49% .....6.125...6.932% 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

Discount fee: 1%

This Week's News:

BLS Jobs Report showed 199k new jobs created however more revisions down from prior months. We DONT believe this report will change the Fed's course of action although Powell may have another Hawkish tone in his comments next week.

Next Week:

Monday: NAHB Housing Market Index

Tuesday: Housing Starts and Permits

Wednesday: Mortgage Apps - Existing Home Sales - 20 Year Bond Auction

Thursday: GDP Q3 Final Reading - Initial Jobless Claims

Friday: PCE - New Home Sales

Does Your client need to offer over asking price? Show them this:

https://www.smithmtg.com/presentation/99774


*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