Michelle English, Mortgage Lender NMLS #306013

"All gave some... some gave all" This Memorial Day, please take a moment to honor and remember the fallen. Thank you to all who have made the ultimate sacrifice so that we may enjoy the freedoms we have today.

Don't be surprised by rising mortgage rates! ? . Despite outdated headlines about mortgage rates hitting record lows, mortgage rates have actually crept up a bit. ... ' , ... but you may want to reach out to me sooner than later. Just shoot me a text, an email, a DM, or give me a call. I'll run your numbers and see what we can do for you. I'm looking forward to hearing from you soon.

, : Average mortgage rates remained low but were slightly worse ending the week, as Democrats won both Georgia Senate seats and control of the House, Senate, and Presidency.... : Average mortgage rates will likely get worse this week as markets anticipate much more fiscal stimulus to come when President-Elect Biden takes office. Now that Democrats have control of Congress, it makes it easier to roll out new fiscal stimulus plans with multi-trillion dollar price tags. The plans would be paid for with additional debt, pressuring Treasury yields higher and causing mortgage bonds to lose value, which would pressure mortgage rates to creep up higher. ' : - Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low and generally stable, even in a rising rate environment. - Economic data: Reports on inflation, as well as a couple of Treasury auctions, could put some pressure on mortgage rates this week. - Economic recovery: With vaccine distribution, fiscal stimulus, and job creation in some sectors despite rising virus numbers, markets remain optimistic of the economic recovery, pressuring rates.

, : 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!

, : 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.

, : Average mortgage rates last week remained low, and in some situations were slightly better than the previous week.... : Average mortgage rates this week will likely remain about the same, as underlying market conditions slow down ahead of the Christmas holiday. Also, lenders won't be looking to lower rates and take on an influx of new business this week, making it unlikely to see any significant improvement in rates. Rates are not at risk of moving much higher from current levels between now and the end of the year, making it a great time to talk with your local mortgage professional about buying a home or refinancing the home you currently own. ' : - Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates low and generally stable. - 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. - 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.