Why This “Boring” Market Matters Big | Mortgage Mark | Dallas, TX Mortgage Lender

Mortgage rates are sitting around 6.3% and haven’t moved much in April, but that doesn’t mean nothing is happening.

In this week’s market update, we break down what “sideways” rate movement actually means, where experts think mortgage rates are heading, and why buyers are getting older and earning more just to enter the market. We also walk through a real scenario where refinancing into a higher rate still saved a client over $300,000.

If you’ve been waiting for rates to drop, this is the update you need to hear.

Learn more: https://mortgagemark.com/

Timestamps
00:00 Market Feels Meh But Here’s Why It Matters
00:24 Mortgage Rates Around 6.3%
00:32 10 Year Treasury Trend Explained
01:04 First Time Buyer Age Rising
02:18 Housing Market Stats Still Flat
02:36 Homeowners Gaining $128K Equity
03:17 Mortgage Rate Predictions Next Few Years
04:11 Dallas $300M Tower Update
05:36 Self Employed Borrower Strategy
06:00 Refinancing From 2.9% to 7.3%
06:34 When Higher Rates Still Make Sense

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: MortgageMark@MortgageMark.com

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