Non-QM loans are thriving, offering competitive rates.
Reach out to Oaktree Funding and you might just save your deal
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Mortgage Rates Are Dropping, but Does It Really Matter?
Trump called for lower rates, and sure enough, they’ve been steadily dropping for three weeks. The 30-year mortgage is now averaging 6.89%, down from a January peak of 7.04%. But here’s the real question: Should you even care?
Loan officers and realtors, stop obsessing over rates. People are buying and refinancing no matter what. Instead of rate-watching, focus on doing the work—talking to clients, generating leads, and closing deals. Meanwhile, big changes are brewing in the mortgage world. The CFPB is grinding to a halt, and HUD’s new secretary wants to privatize Fannie Mae and Freddie Mac.
Oh, and they might even rename them. Got a funny name idea? Drop it in the comments.
