Click on the link to view today's home purchase/refinance rates:
California Colorado Oregon Texas Utah
President Trump’s comments over the weekend regarding Greenland had a noticeable impact on both the equity and bond markets on Monday. As a result, mortgage rates moved higher this morning across the board, with investment property rates and 15-year fixed rates seeing the most significant increases.
Despite short-term rate volatility, market sentiment toward the housing market this year remains broadly optimistic. The prevailing view is that home prices in many areas have reached or are near a cyclical bottom. With inventory levels elevated and buyers holding stronger negotiating power, this continues to be viewed as a compelling window for buyers to re-enter the market.
This outlook is also being reflected in real-time activity—we’ve seen a notable surge in purchase mortgage applications recently, signaling that more buyers are actively stepping back in and moving to secure opportunities.
In addition, our 3% down payment homebuyer program continues to attract strong interest. Borrowers with household income below 80% of the area median income (AMI) may qualify for additional rate or cost incentives, making this program especially attractive for first-time and price-sensitive buyers.
Please feel free to reach out anytime—I'd be happy to work with you to help clients take advantage of the current market window.
Reminder:
Current loan pricing already includes a 40 basis point (bps) incentive.
