A New Fed Chair Is Being Confirmed — And Markets Are Paying Attention

TODAY’S MORTGAGE RATES

Mortgage Rates went slightly down on
the week improving close to .1% with
the Mortgage Backed Security Market
trading up +7 bps. The 10 Year
Treasury currently sits at 4.27%.

Here are your Average Mortgage
Rates across the country according
to Mortgage News Daily.

A 30 Year Fixed Conventional Rate at
6.30% – equates to a $618.97 Principal
and Interest Payment per $100,000 in
Loan Amount. If you would like me to put
together scenarios for your situation, feel
free to contact me or use my Free
Mortgage Calculator below:

Mortgage Calculator – Green Home Loans

It’s been a pretty slow week for data
that impacts mortgage rates. The
developments in the Middle East are
still the driving force in the market.

This week, Kevin Warsh will have
his confirmation hearing with the
Senate. Kevin Warsh was picked by
Trump to succeed Fed Chair Jerome
Powell. Most view Warsh as a positive
for lower mortgage rates because he:

Advocates for shrinking the Fed’s balance sheet
He believes reducing the Fed’s $6.7 trillion
portfolio can be directly redeployed into
lower interest rates for households and
small businesses

Has an AI-driven productivity argument
He believes AI productivity gains will
reduce inflation, creating room to cut rates
without economic risk

Has a Supply-side economic philosophy
He leans toward policies that support
lower borrowing costs for everyday
consumers, not just large institutions

Although Warsh is seen as a positive
for mortgage rates, he is only one member
of a 12 person FED Committee and he
can not change fiscal policy by himself.

There are a lot of characteristics
that go into a mortgage rate –
credit score, investor, loan to
value, loan amount, costs, etc.
Please call me to go over your specific
scenario so we can price your loan
out accurately.

Or you can get a Free Mortgage Quote
or Apply for a Mortgage with the links below.

Thank You!

Beat The Banks

APRIL 2026 – REAL ESTATE REPORT

Here is the audio of Keeping Current
Matters April 2026 Real Estate Market
Report:

https://files.keepingcurrentmatters.com/KeepingCurrentMatters/
content/assets/audio/20260408/MMR-April-2026.mp3

Here are some of my favorite slides.

While interest rates are higher than the
beginning of 2026 mostly due to the
conflict in Iran, rates and affordability are
still lower over the course of the year.

Not only are rates lower than 2025, but
wages are increasing at a higher level
than home appreciation. This gives
the average home buyer more income
to pay housing expenses, which is a
key component in home affordability.

Home Listings are also substantially up this
Spring, which is giving buyers more home
buying options, while also forcing sellers to
compete on price and seller concessions to
get their home sold.