TODAY’S RATES & HOUSING NEWS

Interest rates stayed relatively even over
the past 7 days with the Mortgage
Backed Security (MBS) market trading
even. Currently the 10 Year US
Treasury sits at 4.2013%.

The Conforming Loan Limit was
just increased to $806,500. This
means a consumer could qualify
to purchase a home for $831,443
with 3% down and use a
conforming loan.

The big news this week is November’s
BLS Jobs Report coming out on Friday.
This will likely set the table for where
interest rates will head in December.

Generally speaking – if job creation is
lower than expected, interest rates go
down. If job creation is higher than
expected, interest rates go up.

Below are Mortgage News Daily’s
average interest rates across the country.
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 reply to this email with the answers
to the questions below for Mortgage
Options for your scenario.

REFINANCE QUOTE:

Goal of Refinance – Lower Payment, Cash Out, Etc:
Address of Home:
Estimated Value Of Home:
Current Loan Amount:
Loan Amount You Would Like to Finance:
Current Rate:
Do you know what type of Loan you are Currently in – FHA, VA, etc:
Estimated Credit Score:
Are You a Veteran or Active Member of the US Military: 
If you are a Veteran, do you get VA Disability:

HOME PURCHASE QUOTE:

What City and State Are You Looking to Buy In: 
Estimated Purchase Price:
Loan Amount You Would Like to Finance:
Will Property be a Primary Residence, Investment Property, or Vacation Home:
Estimated Credit Score:
Are You a Veteran or Active Member of the US Military: 
If you are a Veteran, do you get VA Disability:

Thank you!

4 PREDICTIONS FOR US
HOUSING MARKET IN 2025,
ACCORDING TO ZILLOW

Zillow predicts:

1. Home Sales Will Rise
2. Mortgage Rates Will Be Choppy
3. The Southwest Might be a Buyer’s Market
4. Smaller Homes

See full article below:

4 predictions for the US housing market in 2025,
according to Zillow | Business Insider Africa

Have a great week!