Rocky Kelley Home Loans - NMLS 2098193

09/16/2026

TODAY IS FED DAY (REMEMBER, NOT THE FEDS BUT THE FED)…

The Federal Reserve Board of Governors in Washington DC.

09/16/2026

There are new updates to financing a manufactured house, including a home that was relocated. Please let us know if we can answer any questions.

GREAT NEWS! Manufactured homes that have been moved from original location are ALLOWED!

CONVENTIONAL: MANUFACTURED HOMES MOVED FROM ANOTHER SITE - Previously ineligible.

FREDDIE MAC: manufactured homes that have been moved from another site and are now permanently affixed are allowed with the following:
• The home has been inspected to verify structural integrity by a licensed professional engineer or appropriate local, state or federal authority, and the inspection report is retained in the mortgage file
• The home is not located in a more restrictive wind, roof load or thermal zone than the zone for which it was constructed
• All other manufactured home requirements apply

Call 936-447-LOAN to learn more!

09/11/2026

You may have seen other headlines today that reference 30yr fixed rates of 6.76%. Those stories would be citing Freddie Mac's weekly rate survey which is an average of the 5 business days (4 in this case, due to the holiday) ending yesterday (September 9th). Because of that methodology, the numb...

09/10/2026

MARKET UPDATE 9/10/2026

US 10 Year at highest level in 3 years (BAD FOR MORTGAGE RATES)

Key Points
• Headline producer inflation rose 0.4% in August, matching expectations, while Core PPI increased 0.2%, which was 0.1% below estimates. (PPI usually doesn't move markets, but when it comes out the day before CPI and indicates higher inflation, it does, which is today)
• The Treasury department’s expanded buyback schedule came in smaller than expected, sending the 10yr yield to 4.85%, its highest level since November 2023. Analysts had speculated operations could be sized up to $10 billion, but the largest new maximum is $6 billion.
• Tensions between the U.S. and Iran escalated Wednesday after the U.S. struck Iranian tankers. Brent crude settled at $101.21 and WTI at $96.05, with both benchmarks rising more than 3%. Markets are now pricing in a 63% probability of a Fed rate hike in September.
• Mortgage applications fell 2.7% for the week ending Sept. 4 as the 30-year conforming rate rose 6bps to 6.85%, the highest since June 2025. Refis fell 6% w/w and 25% y/y, the slowest weekly pace since May 2025.

US-Iran Conflict Heats Up:

The US-Iran conflict escalated sharply into commercial shipping this week. The US military said it destroyed five Iranian tankers after ballistic missiles were fired at a US Navy warship overnight, while Iranian media claimed strikes on two US warships and eight oil tankers in the Persian Gulf. Houthi militants also targeted energy facilities in Saudi Arabia, and European natural gas traded at its highest level since 2023 heading into the winter heating season. Following yesterday’s escalation, Brent settled up 3.4% at $101.21, above $100 for the first time since July, with WTI up 3.3% to $96.05. Brent is now up roughly 65% year to date. The bond market sold off following the attacks and expectations for a rate hike in September rose. Short-maturity yields led the early-week move higher, with 2yr to 5yr yields setting new 2026 highs before the long end took over following the buyback announcement. Swaps now imply a roughly 63% chance of a RATE HIKE at the September FOMC meeting, up from 60% Tuesday, with at least two hikes fully priced by the middle of 2027.

08/10/2026

Are you a Doctor or about to start your career as a Doctor? Crystal Clear Mortgage offers 100% financing for loans up to $1.5 million and 95% financing for loans up to $2.0 million. WITH NO PMI!!!

Naturally, restrictions apply and not all will qualify.

See the screen shots below to learn more! Call 936-447-LOAN with any questions!

08/07/2026

On August 3rd, the GSE's (Fannie Mae and Freddie Mac) made it exponentially harder for a buyer to finance a condo. It gets even worse January of next year.

One of the number one reasons we see condos declined for financing? INSURANCE. Now, the coverage has to equal full replacement cost. i.e. replacement cost is $10,000,000 for all units; insurance must be for $10,000,000. Most condo associations and by proxy, the condo owners, cannot afford this increase in coverage...especially along the Gulf Coast.

Please see attached if you are listing a condo or thinking of making an offer on one. Call us with any questions. 936-447-5626

07/02/2026

Wishing everyone a safe and happy 4th of July! As always, cell phones are 24-7, so call us if you need us!

06/12/2026

Want to stay ahead of market changes? We can help! Contact us today!

04/16/2026

Happy tax day! Whether you have filed or extended, your qualifications may now be different with a new tax year under your belt. Call us today to learn your updated buying power!

936-447-LOAN