11320 E 46 Ave EXAMPLE

Looking for the perfect home? Look no further than this well-kept 4 bedroom, 3 bathroom highly sought after Ponderosa home. Come inside & you'll be greeted by a warm atmosphere with ample space for everyone to relax and enjoy. Have your morning coffee by the fireplace next to large windows that flood the space with natural light. Flow easily from one space to the next, the charming kitchen leads from the dining room to the spacious deck perfect for entertaining during warm summer nights! Generously sized primary features separate en suite, away from main living spaces. Find ample storage space in laundry room and continue outside to find the gem of the property- entirely fenced off in-ground pool, to ensure privacy/safety with newly updated mechanicals. Situated on a spectacular over-sized lot, complete with beautiful cherry/plum trees, strawberry plants, & lush landscaping, creating a natural oasis right in your own yard! This one won't last long, come & see all this property has to offer!

May 3rd 2024 Mortgage Market Update

This Week's Mortgage Market Ride - Buckle Up!Hey Team,Strap in for the highlights of this week's mortgage market—it's been quite the roller coaster:- **From Peaks to Dips**: Wednesday hit us with near 8% highs on conventional loans, but we've since dipped to the mid-7s. Expect more thrills and chills as the season progresses.- **Fed Holds Steady**: The Fed's playing it cool with no rate cuts on the horizon this year, adding a bit of extra spice to our market ride.- **Job Report Jolts**: The latest jobs numbers were a bit of a shocker, with new jobs dropping from an anticipated 240,000 to just 175,000, throwing a curveball at interest rates. Unemployment nudged up from 3.8% to 3.9%, so keep your eyes on this trend.- **Stagnation Signals**: Things are looking a bit sluggish with economic indicators pointing towards stagnation—fewer work hours and slow GDP growth could mean we're flirting with recession territory.- **Pro Tip**: With all this market madness, locking in rates when signing contracts is your safest bet to dodge unexpected spikes driven by inflation and job market flips.Let's navigate these waves together and stay tuned for more updates!Your Mortgage Gal for Life,Julie Herrmann NMLS #1563583http://www.YourMortgageGalforLife.com360.900.7092Julie.Herrmann@Edgehomefinance.com

April 24, 2024 Mortgage Market Update

This Weeks Market Update:Wrap Up:UMBS 6.0: 99.10 (-34bps)10-year Treasury yield: 4.70%Today's higher rates were triggered by the latest quarterly PCE inflation data, which was a part of the GDP report and came in higher than expected. The question now is whether tomorrow's monthly PCE data will further impact rates. While another significant reaction isn't expected, it's still a possibility. Unfortunately, rates aren't likely to decrease anytime soon. Next week's labor data or the upcoming Fed meeting probably won't provide much relief either.On a positive note, the housing market continues to show resilience. Foreclosures over 90 days are down, and foreclosure loan information has remained stable, indicating that despite inflation affecting our daily expenses, the housing market remains robust.

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March Market Update

Navigating This Week's Mortgage Market Updates: A Friendly GuideHey everyone! Happy March! As we step into a new month, I thought it would be the perfect time to dive a bit deeper into the latest happenings in the economy and how they're influencing mortgage interest rates. I believe it's super important for you to understand these dynamics, as they directly impact your home financing options.Here's the Scoop on Mortgage Interest Rates:**Good News Alert!** This week, we saw a slight improvement in mortgage interest rates compared to last week.This is mainly due to the positive trends in mortgage-backed securities on the stock market. When more investors are buying these bonds, it signals a stronger appetite for mortgage interest rates in the secondary market, leading to better rates for you.**Why Investors Matter:** In simple terms, when the stock market faces a downturn, investors look for safer places to park their money, and mortgage-backed securities become a hot favorite. This shift means lower mortgage interest rates, as these securities are tied to the loans for your future home.**The PCE Report Roller Coaster:** This week's Personal Consumption Expenditures (PCE) report took us on a bit of a ride. While the report didn't reveal any shocking new data, it did contribute to a slight rally in the mortgage markets. We keep a close eye on the core data within this report because it influences the Federal Reserve's decisions, which in turn affect your wallet.**Fed Watch:** Speaking of the Federal Reserve, they've got a meeting coming up this March 19th-20th. They'll be discussing the economy and eyeing that core percentage rate, aiming to bring it down to their 2% goal. While we don't anticipate immediate rate cuts, this meeting could set the stage for future financial strategies. And remember, even though Fed rate cuts don't directly impact mortgage interest rates, they do influence the broader economic environment which, in turn, affects the mortgage market.**The Curious Case of the OER Report:** Ever wonder how much your home would rent for? That's what the Owner's Equivalent Rent (OER) report tries to figure out, contributing to one-sixth of the PCE data. Interestingly, homeowners' estimates often significantly differ from actual rental prices, which can make for some intriguing discrepancies in the data.Wrapping Up:Navigating the mortgage market can feel like decoding a secret language, but it's my mission to translate it into plain English for you. Whether you're buying your first home, refinancing, or just curious about the market, I'm here to shed light on these topics. Remember, understanding these trends helps you make informed decisions, and I'm always here to help guide you through this journey.Stay tuned for more updates, and feel free to reach out if you have any questions or need advice. Here's to making smart financial choices together!