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TODAY’S MORTGAGE RATES

Mortgage Rates went up .2% on
the week with the Mortgage Backed
Security Marketing Trading down -81
bps.

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

A 30 Year Fixed Conventional Rate at
6.68% – equates to a $643.95 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

The main component that continues to
impact interest rates:

Higher Oil Prices – Oil prices are
currently over $100 / Barrel

Uncertainty on the situation in
the Middle East

Both situations are impacting inflation.
We had 2 inflation reports released
last week – The Consumer Price
Index and the Producer Price Index.

On Friday, Kevin Warsh will be sworn
in as Chair of the FED. Kevin Warsh
has the difficult agenda of trying to
bring down borrowing rates for
consumers while keeping inflation
in check.

Most experts do not believe the FED
will cut the Federal Funds rate
through the rest of 2026.

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

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PUT YOUR HOME EQUITY TO WORK

If you’re carrying high-interest credit
card or consumer debt, the solution
may be sitting right above your head.

American homeowners are holding a
record $17 trillion in equity, with the
average mortgage-holding homeowner
sitting on roughly $200,000 in tappable
equity. That’s real borrowing power – and
right now, the math is hard to ignore:

•    Credit cards: ~22% APR
•    Personal loans: ~13% APR
•    HELOCs: ~7–8% APR

Carrying $50,000 on credit cards at
22% costs about $11,000 a year in
interest. That same balance to a HELOC
at 8%, and you’re paying around
$4,000 – a savings of $7,000 a year.

A HELOC lets you tap your equity
without touching your existing mortgage,
so if you locked in a low rate during the
pandemic, it stays put. You only pay
interest on what you use, and the
interest may even be tax-deductible
when used for home improvements
(check with your tax advisor).

If you’ve got equity and high-interest
balances, let’s run the numbers
together. A quick conversation could
save you thousands.

I hope you have a fantastic week!!