VIDEO UPDATE:

Interest Rates Improved to Their Lowest Levels in a Month.. Here’s   Green Home Loans Weekly Mortgage Rate Update.

TODAY’S RATES & HOUSING NEWS

Interest rates improved to their best
levels in a month with the Mortgage
Backed Security (MBS) market
trading up +37 bps. The 10 Year
U.S. Treasury is currently at 4.30%.

The biggest news on the week
was Trump’s pick for Treasury
Secretary – Scott Bessent. The market
liked the pick, and both the stock
and bond markets went up on
Monday after the pick was announced.

Bessent is considered fiscally conservative.
If the Treasury isn’t issuing as much
debt, it’s easier for mortgage interest
rates to move lower.

The big potential market mover this
week is Wednesday’s PCE Inflation
Report.

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!

TOP BENEFITS OF CO-BUYING
A HOME

Co-purchasing a home with a friend
or family member is becoming an
increasingly popular way to achieve
homeownership without taking on the
full financial burden alone. Here’s why
this approach might be a smart move
for you:

1. Shared Financial Responsibility
Co-purchasing allows you to split the
costs of the down payment, mortgage
payment, property taxes, and
maintenance expenses. This shared
financial responsibility can make
homeownership more affordable and
reduce the strain on any one individual.

2. Boosted Buying Power
Pooling resources with another buyer
may increase your combined purchasing
power, allowing you to afford a larger
home, a better neighborhood, or a
property with more amenities.

3. Faster Path to Ownership
Saving for a down payment can take
years when doing it solo. By joining
forces with someone else, you can
reach your financial goals faster and
enter the housing market sooner,
potentially benefiting from property
appreciation.

4. Shared Living Arrangements
If you plan to live in the home together,
you can split household expenses such
as utilities and upkeep, reducing your
monthly out-of-pocket costs. This
arrangement can also foster closer
bonds with loved ones.

5. Opportunity to Build Equity
Instead of paying rent, co-owning a
home allows both parties to build
equity over time. This equity can
be used as a foundation for
future investments or to achieve
personal financial goals.

6. Flexibility in Ownership Terms
With clear communication and proper
legal agreements, co-purchasing
can be customized to fit your needs.
For example, you can define ownership
shares, decide how profits will be split
if the property is sold, or outline exit
strategies in case one party wants to
move on.

Things to Consider
While co-purchasing offers many
advantages, it’s essential to plan carefully.
Drafting a co-ownership agreement with
the help of an attorney can clarify
expectations, responsibilities, and future
plans, helping to avoid misunderstandings.
If you’re considering co-purchasing a
home, we can guide you through the
mortgage process and help you find
the best financing solutions.

Have a great week!!!