YLM Financial

🏠 If you've been thinking about buying a home, and wondering if you can afford it, we should talk!

⚠️ 𝗛𝗲𝗿𝗲'𝘀 𝗮 𝘄𝗮𝗿𝗻𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗼𝘀𝗲 𝗼𝗻𝗹𝗶𝗻𝗲 𝗹𝗲𝗻𝗱𝗲𝗿𝘀... 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲𝗻'𝘁 𝗮𝗹𝘄𝗮𝘆𝘀 𝗮𝘀 𝗴𝗼𝗼𝗱 𝗮𝘀 𝗮𝗱𝘃𝗲𝗿𝘁𝗶𝘀𝗲𝗱.

Who's going to answer your questions... help you get a low rate... make sure you've taken advantage of any special programs available to you? 🤔

👍 As a local mortgage professional, I'm available to talk when it is convenient for you and not just during "business" hours. You won't get a different person every time you call, instead I'll know your unique situation and how to help you get the most house for your money.

𝗬𝗼𝘂'𝗹𝗹 𝗯𝗲 𝗮𝗯𝗹𝗲 𝘁𝗼 𝘁𝗲𝘅𝘁 𝗺𝗲 𝗹𝗶𝗸𝗲 𝘄𝗲'𝗿𝗲 𝗯𝗲𝘀𝘁𝗶𝗲𝘀, 𝗲𝗺𝗮𝗶𝗹 𝗺𝗲 𝗶𝗳 𝘁𝗵𝗮𝘁'𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗽𝗿𝗲𝗳𝗲𝗿, 𝗰𝗮𝗹𝗹 𝗺𝗲 𝘁𝗼 𝘁𝗮𝗹𝗸 𝗽𝗮𝘆𝗺𝗲𝗻𝘁, 𝗼𝗿 𝗲𝘃𝗲𝗻 𝘁𝗼 𝗺𝗲𝗲𝘁 𝗳𝗮𝗰𝗲-𝘁𝗼-𝗳𝗮𝗰𝗲 𝗶𝗳 𝘆𝗼𝘂 𝗹𝗶𝗸𝗲.

Don't worry, I have lots of technology at my fingertips to make the process convenient, but I'll still give you the personal attention that will let you sleep at night knowing someone is looking out for you and making sure everything goes according to plan.

𝗧𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁 𝗶𝘀 𝗺𝘆 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘂𝘀𝘂𝗮𝗹𝗹𝘆 𝗴𝗲𝘁 𝗮 𝗯𝗲𝘁𝘁𝗲𝗿 𝗿𝗮𝘁𝗲 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗺𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲𝘆 𝘄𝗼𝘂𝗹𝗱 𝗵𝗮𝘃𝗲 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗯𝗶𝗴 𝗯𝗮𝗻𝗸𝘀 𝗼𝗿 "𝗷𝘂𝘀𝘁 𝗮 𝗻𝘂𝗺𝗯𝗲𝗿" 𝗼𝗻𝗹𝗶𝗻𝗲 𝗹𝗲𝗻𝗱𝗲𝗿𝘀.

👉 𝗚𝗶𝘃𝗲 𝗺𝗲 𝗮 𝗰𝗮𝗹𝗹, 𝘁𝗲𝘅𝘁, 𝗼𝗿 𝗲𝗺𝗮𝗶𝗹 𝘁𝗼𝗱𝗮𝘆 so we can find out what mortgage works best for you.I look forward to talking soon!

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟰, 𝟮𝟬𝟮𝟱

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝗯𝗲𝘁𝘁𝗲𝗿 👍
Rates continued to creep slightly lower last week, despite it being a short week with little in the way of economic data. It is important to note though that most of the improvement is in rebate pricing, the credit your lender gives towards costs or a reduced cost for choosing a lower rate (less paid in points). Rates themselves have not moved much lower.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 👍
Mortgage rates have the potential to improve this week, particularly if current market trends persist. Concerns about tariffs and inflation have eased, allowing rates to stabilize after previous increases earlier in the year. However, after seeing rates improve the last couple of weeks, we could be due for a slight turnaround.

📈 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Inflation data: This week brings the Fed's favored gauge of inflation, the personal consumption expenditure report. Released on Friday, the data could help rates improve or worsen at the end of the week depending on if inflation increases.
- Market momentum: Markets have grown much less concerned over the effect of tariffs, and bond yields have improved because of it, which helps mortgage rates move lower over time.

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟭𝟳, 𝟮𝟬𝟮𝟱

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 👍
Rates last week were volatile day-to-day, moving higher midweek when consumer inflation data came out showing inflation for January was higher than expected. By week's end, however, rates had recovered and after weak retail sales data on Friday ended the week slightly better.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝘀𝘁𝗮𝗯𝗹𝗲 👍
This week is light on economic data, as well as a short week with markets closed for Presidents Day, which makes it likely that rates will not move much. There may be some day-to-day movement, but unless there is a surprise event, rates will likely end the week relatively unchanged.

📈 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Presidents Day: Markets will be closed on Monday, and rates won't change.
- Tariffs: Although many proposed tariffs have been postponed, continued concerns from traders could play at least a small role in mortgage rates for the week.
- The Fed: Markets are still contemplating the potential for Fed rate cuts later this year, and the minutes from the last Fed meeting will be released this week. However, Fed rate cut expectations will only play a small role in mortgage rates this week.