Travis Downs - Mortgage Loans - NMLS #2069034

02/17/2026

Layton Mortgage is your partner in real estate investment success. Our DSCR loan programs are designed for investors looking to expand their portfolios with ease. With approvals based on property cash flow, we make the process straightforward. Ready to take the next step? Start your DSCR loan application through the link below.

https://layton-mortgage.com/dscr-travis-downs

08/30/2023

Are you Team Renting or Team Owning? There's more to your choice than just the money. Here's a quick video to show the pros and cons of each. If you see a purchase in your future, even if it's down the road, please reach out. It's never too early to start preparing. You may even get into a home of your own sooner than you expect! McCoy Branch is an Equal Housing Lender.

Which will you choose?

08/22/2023

Does your cost of RENT continue to RISE?
Inflation doesn’t just impact your grocery bill, gas prices, and the cost of borrowing money. It also impacts the cost of rent and what you pay for housing. A recent survey showed that rents rose in 58% of all counties nationwide from 2020 to 2023. One way to protect against rising rents and secure your future is through homeownership.
The McCoy Team is an Equal Housing Lender NMLS #402132

07/27/2023

The Fed increased policy rates 0.25% at their July meeting. Many are hoping this will be the final hike of the year, but the Board says it will monitor economic conditions to see if further adjustments are required to bring inflation to their 2% goal. If you are in need of home financing, we have programs that can work in the framework of today's market. Please let me know if I can help. McCoy Branch is an Equal Housing Lender.

07/14/2023

It's time for a mid-year housing update! After falling at the end of 2022, home prices hit a new high in May. Many homeowners are sitting on low rates and strong equity. Buyers face the challenge of higher interest rates and low inventory. Moderating inflation, modest inventory improvements, and new construction could lead to improvements. No matter the market, if you're ready to access cash from equity or purchase a home, we have programs to help. Please reach out. McCoy Branch is an Equal Housing Lender.

07/07/2023

"Low income" just got higher! Recent updates to area median income limits mean people with higher incomes may qualify for "low income" home loan programs. If you or someone you know hesitated to buy due to income, it's a good time to see if you qualify. Please reach out. I'll be happy to assist. McCoy Branch is an Equal Housing Lender.

07/05/2023

Please enjoy this quick update on what happened this week in the housing and financial markets.
THE ECONOMY:
Consumer confidence jumped in June, reaching its highest level since January 2022. A strong labor market and economy helped. The 3rd and final estimate of 1st quarter GDP showed economic growth at 2.0%, up from the previous estimate of 1.3%. Unemployment applications fell last week by the most since October 2021. Despite the drop, demand for workers has slowly eased.
HOUSING NEWS:
House prices rose slightly in April, up 0.7% from March, according to the FHFA. Prices rose 3.1% year over year. New home sales surged in May, up 12%. Buyers turned to new construction due to the low inventory of existing homes for sale. Purchase mortgage applications rose 3% for the week. Apps were 21% lower year over year due to lack of inventory rather than demand.

07/04/2023

06/12/2023

Please enjoy this quick update on what happened this week in the housing and financial markets.
THE ECONOMY:
Last week's jobless claims came in higher than expected at 261K, up 28K for the week. Claims reached their highest level since October 2021. A resilient labor market saw payrolls rise 339K in May, much better than expected. However, unemployment increased to 3.7% from 3.5%. Cooling demand in the services sector in May pushed prices the businesses paid to a 3-year low. Slower services inflation could be good for rates.

HOUSING NEWS:
Though mortgage rates fell back from recent highs, mortgage applications dropped for the 4th straight week. Purchase apps fell 2%. Black Knight reported slower home sales in April, as a lack of affordability and inventory continued to create major market headwinds. The P&I payment on a 20% down, 30-year mortgage for a median priced home now accounts for 34.2% of the median household income.

06/05/2023

A home of your own is a great place to be! Though homeownership may come with sacrifices (weekend yard work, anyone?), it has proven to be a good step toward building stability and wealth. If you're a homeowner, congratulations! If not, I'll be happy to help you get there. The McCoy Branch Location is an Equal Housing Lender.

Travis Downs
817-987-2205
[email protected]