Into the weekend – Mortgage Rates – September 29th

CONVENTIONAL 30: 7.49%/7.643 APR

CONVENTIONAL 15: 6.99%/7.228 APR

VA 30: 7.125%/7.416% APR

FHA 30: 7.125%/7.956% APR

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Jobs and Inflation - That's it!

Rates increased higher earlier in the week due to the Fed's comments on their fed funds rate staying higher for longer. Job less claims still on the lower end. Personal Consumption expenditures, feds favorite inflation gauge came in at .4% in August, slightly lower than projections. This hits the point that inflation is coming down yet its going to be a slow drip...HANG IN THERE, better days are coming, no doubts....And, the main reason Inflation increased? Gasoline/Energy prices...

Next Week -

Monday -

Tuesday - Case Shiller Home Price Index & New Home Sales

Wednesday - Q2 Final GDP

Thursday - Initial Jobless Claims

Friday - PCE (Market Mover)

*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

"Noel was very responsive and always took the time to talk me through the process or things I didn't fully understand. I appreciate being treated with so much respect and attention to helping me work through the mortgage process. I definitely felt like Noel was helping me to get the best deal with mortgage rates and a financial situation I could afford, while helping me to purchase the home I was really wanting. One small issue that I had, if I could have put this at "mostly" great, I did feel like his assistant didn't always do her "homework" in her part of working with me. She would often confuse my accounts with financial institutions that I didn't bank with, and wasn't always clear with me on what she needed because of those errors. It just seemed demanding of requests without me understanding what she actually needed. I would have liked for her to have similar knowledge and background of my accounts and paperwork as Noel was so good with. It just became frustrating for me sometimes and took more of my personal time than it seems like it would have if she had stronger knowledge of everything. Noel was amazing with these aspects."

jennifer b

"Noel and Darcy are excellent communicators, provide sage advice and utilize technology to keep us up to date on the entire loan process. Moreover, they've earned my trust over the years which to me, means everything."

roger k

"Very responsive and supportive"

helen l