Mark’s Market Update – 6/10/2022
”Hello, there…”
Or…
“You were supposed to bring BALANCE to the rates!”
What IS the Mark Side?
Well – it’s working with a loan officer who knows how to structure a loan, to help ensure the loan is the right loan, makes financial sense, and closes on time. In other words – working with a Loan Master…not a padawan. Not a youngling.
Rates are up – conventional conforming 30-year rates are creeping back up and are ranging between 5.75% and 6.0%, while government loans are a little lower at 5.625% to 5.875% – however, the CPI index came in today – and the markets took it on the chin. Watch my video for more.
As a Star Wars fan (anyone who knows me knows that I love Star Wars and Star Trek (yes, it is possible to love both)…I’m super excited to see that Obi-Wan is out – 4th episode dropped, and I’m loving it, except for the fact that a 10-year-old can outrun four adults with almost magical (dare we say, “forcelike”) alacrity…
Come to the Mark Side. Lock your rate (Lock and shop or extended)… You’ll thank me later.
Cheers!