VIDEO UPDATE:

Interest Rates Improve after Inflation Report. Here is Your Weekly Mortgage Rate Update!

TODAY’S RATES & HOUSING NEWS

Mortgage interest rates improved
approximately .2% over the past 7
days. The Mortgage Backed Security
(MBS) market traded up 66 bps.
The 10 Year Treasury currently sits
at 4.57%.

The big news last week was the
December Consumer Price Index
(CPI) Inflation Report. Year over
Year Inflation increased from 2.7%
to 2.9%. The Core Inflation number
which strips out food and energy came
in lower than expected. Core inflation
dropped from 3.3% to 3.2%.

This lower number in core inflation
helped create a bond rally on
Wednesday of positive +56 bps.

The chart below breaks down the
Mortgage Backed Security Market
over the past 3 months. Mortgage
rates jumped after the new year – you
can see this with the MBS market
trading down (in red) in January. The
recent uptick in the MBS market has
interest rates near the levels of mid-
December 2024 – December 31^st,
and very similar to where rates were
for the majority of November.

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!

HOME EQUITY IN AMERICA

Americans are sitting on a record
amount of equity in their homes
in 2025.

The average American homeowner with
a mortgage has $319,000 in home
equity, with $207,000 they could
tap into.

68.6% of Americans have at least
50% equity in their home.

Over the past decade, the typical
homeowner has accumulated
$201,600 in wealth solely on home
price appreciation. Over the past 5
years, the typical homeowner has
accumulated $147,000 in wealth on
home price appreciation.

If you would like to look at options to use
your home equity, please contact me
and let’s discuss your options.

Have a great week!