Rates Drop After Weak Jobs Report | Mortgage Mark | Dallas Mortgage Lender

Описание: Rates are finally moving lower and here’s why! After 54 months of job growth, the latest jobs report came in weak, and for the first time since 2020, a month was revised negative. That shift is fueling better mortgage rates, and refinances are officially back on the table.

In this week’s update, we cover:

-Why the jobs report caused rates to improve
-What the Fed is expected to do at the September meeting
How much equity homeowners are sitting on today
Why refinances are surging, especially cash-out options
-What’s happening with Texas home prices, including Dallas, Fort Worth, and Austin

Timestamps:
0:00 Intro
0:23 Rates Drop After Weak Jobs Report
1:53 Negative Revision Ends 54-Month Streak
3:15 Unemployment, Underemployment, and Part-Time Shifts
4:28 Fed Rate Cuts Ahead
5:05 Equity at Record Highs
5:57 Texas Home Price Trends
6:32 DFW Named Hottest Market in the U.S.
7:08 Meme of the Week

Hey folks! Mark Pfeiffer here, the face of Mortgage Mark based in Dallas, Texas and working all over the US! I'm here to help you get your mortgages done smarter, better, and faster with an experienced team who cares. I manage a whip-smart team ready to help you buy your next home and reach your goals. Contact us today to get the best lending experience you'll ever have!

Mark Pfeiffer, Mortgage Loan Originator, NMLS #729612
CMG Home Loans, NMLS #1820
5495 Belt Line Rd., Suite 140, Dallas, TX 75254
Office: (972) 829-8639 | Cell: (972) 898-2595 | Fax: (972) 782-4803
Email: [email protected]

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