Matt Wolfe, Mortgage Broker/Lender NMLS #335714

, : Average mortgage rates remained low but were basically unchanged last week, as both lenders and markets closed early on Thursday and all day Friday for New Years.... : Average mortgage rates will likely remain low, but are not likely to go much lower this week as markets return to normal volume levels after the holidays. Although there is not a lot of risk of rates rising in the near term, there is also not a lot in favor of seeing rates improve much from here. You may want to take the advice of your local mortgage professional for locking or floating based on your individual circumstances. ' : - Lender capacity: Lenders continue to struggle with volume constraints, making it unlikely they would push rates significantly lower this week, although small movements are possible. - Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low and generally stable. - Economic data: A few smaller reports unlikely to have any effect on rates, but Friday's jobs data could cause some movement.

It's been one heckuva year... let's take a moment to catch our breath and welcome in the New Year! Here's a beautiful rendition of "Auld Lange Syne"... please enjoy it with me. Be sure to turn the volume up!

New 4.0-star Review: "Matt is definitely the kind of guy you want in your corner when purchasing a home. He simply gets the job done! No surprises with him. Transparent from opening to closing on escrow! "

New 5.0-star Review: "Matt was very helpful in explaining numbers, getting documents to me and explaining what each document was for. He was always on top of things and provided me statuses of where escrow was at. I would definitely ask for his services again and refer him to others."

, : Average mortgage rates last week remained low. Markets were closed early on Thursday and all day Friday for Christmas, as were most lenders.... : Average mortgage rates this week will likely remain about the same, as trading volumes remain light this week ahead of New Years. It is unlikely we will see much movement in rates this week, with little happening in the news or in the markets to cause lenders to have to raise or lower rates significantly. As the year winds to a close, it remains a great time to talk with your local mortgage professional about buying a home or refinancing to take advantage of current low rates. ' : - Holiday week: Mortgage rates are largely based on the pricing of mortgage bonds, and the bond market will be closed early on Thursday and remain closed on Friday, as will lenders. - Lender capacity: Lenders continue to struggle with volume constraints, making it unlikely they would push rates significantly lower this week, although small movements are possible. - Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low and generally stable.

New 5.0-star Review: "Matt was wonderful. Everything went fast and smooth. Kept us updated through entire process. I highly recommend. Personally, he will be my guy for life. This can be very stressful for some but Matt made it super easy. "