Cassidy Holst

Weekly Mortgage Report – July 11, 2024

Rates Decline as Signs of Cooling Inflation Become More Evident Mortgage rates declined six basis points according to the Freddie Mac Primary Mortgage Market Survey released July 11th. Following last week’s June jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week, and mortgage rates followed suit. There is also …

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Weekly Mortgage Report – May 30, 2024

Rates Rise Nominally, House Price Growth Slows After dropping for three consecutive weeks, Mortgage rates increased 9 basis points last week according to the Freddie Mac Primary Mortgage Market Survey released May 30th. More hawkish commentary about inflation and tepid demand for longer-dated Treasury auctions caused market yields to rise across the board. This reality, …

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.