KDM Lending Team

09/02/2026

🚨🚨 MORTGAGE MARKET UPDATE 🚨🚨
7% IS KNOCKING ON THE DOOR. 😑🏡

Mortgage rates climbed again today, with Mortgage News Daily's top-tier 30-year fixed hitting:

6.91% 📈

Yesterday: 6.89%
Today: 6.91%

That's the highest MND reading in more than a year. And remember: 6.91% represents a top-tier scenario. Plenty of actual borrowers are already seeing quotes at 7% or higher.

🤔 WHY? The bond market is still dealing with the fallout from higher oil prices, inflation concerns and the U.S.-Iran conflict.

There was actually a little relief today: oil pulled back and bonds improved somewhat, helping the 10-year Treasury ease back to around 4.78–4.79%.

But mortgage rates didn't get enough help to reverse course.

Translation: We're not crashing through 7%…But we're standing on the porch ringing the damn doorbell. 😂

📈 WHAT ABOUT STOCKS?

Wall Street finally caught a break.

Dow: +0.56%
S&P 500: +0.46%
Nasdaq: +0.45%

Stocks bounced after three straight losing sessions, even as investors continue watching oil, Iran and elevated Treasury yields.

👀 WHAT'S NEXT?

I'm watching two things:
📈 The 10-year Treasury
💼 Jobs data

If the labor market shows more signs of cooling and Treasury yields come down, mortgage rates could finally get some relief.

If yields start marching toward 5%?
Nobody touch anything. 😂

🏁 BOTTOM LINE

6.91%.
Up another 0.02%.
Mortgage rates aren't exploding higher, they're GRINDING higher.
And somehow that's more annoying.

It's basically like watching your Blockbuster late fee increase one day at a time.

You know where this is heading…You just don't want to admit it. 😂

09/02/2026

🏡 MANUFACTURED HOME LOANS — WE CAN HELP!

Whether the home is in a park, sitting on its own land, being built from scratch, or replacing an older home — we have options.

Here are some of the loans we can help with:
🏠 Manufactured Homes in Parks — Chattel Loans
🌳 Manufactured Homes With Owned Land
🇺🇸 VA Manufactured Home Loans
🔑 FHA Manufactured Home Loans
🏡 Conventional Manufactured Home Loans
🏗️ One-Time Close Construction Loans
🚜 Manufactured Home Construction Financing
🔨 Manufactured Home Renovation Loans
♻️ Manufactured Home Replacement Loans
👷 Investor & Spec-Build Financing
🏘️ Manufactured Home Park Development Loans

📲 Before assuming a manufactured home can't be financed, talk to the KDM Lending Team.

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

09/02/2026

🏡 LOUISIANA — WE DO HOME LOANS!

From New Orleans and Baton Rouge to Lafayette, Shreveport, Lake Charles and communities throughout the Bayou State, Patriot Pacific Financial Corp is helping people finance their next move in Louisiana.

🏠 Conventional Home Loans
🇺🇸 VA Home Loans
🔑 FHA Home Loans
🌾 USDA Home Loans
🏡 Manufactured Home Loans
🏗️ One-Time Close Construction Loans
🔨 Renovation Purchase Loans
💰 Jumbo Home Loans
📊 Bank Statement & Non-QM Loans
🏘️ Investor & DSCR Loans
🌳 Land Loans
💵 HELOCs & Cash-Out Refinances
👴 Reverse Mortgages & Reverse for Purchase

📲 If you're thinking about buying, building, refinancing or investing in Louisiana, reach out to Patriot Pacific Financial Corp and let's see what we can put together.

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

09/02/2026

09/01/2026

🚨🚨 MORTGAGE MARKET UPDATE 🚨🚨
WELL… SEPTEMBER HAS CHOSEN VIOLENCE. 😂

We officially turned the calendar over today and apparently mortgage rates decided: “NEW MONTH. SAME CRAP.”

🏡 WHAT HAPPENED?

Mortgage News Daily’s average top-tier 30-year fixed climbed again today to: 6.89% 📈

Yesterday: 6.87%
Today: 6.89%
Change: +0.02%

That’s another new long-term high.
BUT…Before everyone starts building a bunker, some perspective:

The June 2025 high was 6.97%.
So yes, we’re knocking on the door.
We haven’t kicked it in yet. 😂

🛢️ SO WHAT HAPPENED TODAY?
Unlike yesterday’s weird month-end trading, today had a very obvious culprit.

OIL.

Fighting between the U.S. and Iran intensified again, and oil prices took off.

Brent crude: $94.65
WTI crude: $90.22

WTI jumped more than 5% TODAY.

And unfortunately for mortgage rates, the relationship has become painfully simple:
💥 War escalates
🛢️ Oil rises
🔥 Inflation fears rise
📉 Bonds sell
📈 Treasury yields rise
🏡 Mortgage rates rise

Basically, oil has become the mortgage market’s crazy ex.
Every time you think things have finally calmed down…HERE COMES ANOTHER TEXT. 😂

📈 THE 10-YEAR TREASURY IS THE BIG STORY
The 10-year Treasury climbed to roughly:

4.80%

That is getting uncomfortable. Mortgage-backed securities also got hammered today, losing roughly a third of a point. This is exactly why mortgage rates moved higher.

Remember:
The Fed does NOT directly set mortgage rates.
The bond market does most of the heavy lifting.

And right now the bond market is worried about inflation, oil, war and the possibility that interest rates may need to stay higher for longer. Or potentially go even higher.

Not exactly the recipe for cheap mortgages. 😑

📉 WHAT’S THE STOCK MARKET DOING?
Wall Street didn’t enjoy today either.

Dow: -0.79%
S&P 500: -0.71%
Nasdaq: -1.03%

Higher oil + higher Treasury yields + inflation fears = investors getting nervous. Technology stocks were among the bigger losers.

Apparently September showed up to Wall Street wearing Doc Martens and immediately started kicking things over. 😂

👀 WHAT AM I WATCHING NOW?
🛢️ Oil
🌍 U.S.-Iran fighting
🚢 Strait of Hormuz
📈 10-Year Treasury
📉 Mortgage-backed securities
🔥 Inflation
🏦 Fed expectations

But there’s another HUGE piece coming:
JOBS AND INFLATION DATA.

Today’s JOLTS report showed fewer job openings than expected, which briefly helped bonds. Then the Iran headlines hit.

Oil exploded higher.

And the bond rally disappeared faster than your Columbia House membership after the introductory offer ended. 😂

🏁 BOTTOM LINE
Mortgage rates:

6.89%
UP 0.02% today.
Highest level since June 2025.
But still below that June 2025 peak of 6.97%.
So we’re getting dangerously close to 7% territory again.

The biggest thing I want to see now?
OIL CALM THE HELL DOWN.

If oil retreats and Treasury yields follow, mortgage rates could get some relief. If oil keeps climbing and the 10-year Treasury pushes through 4.80%?

We could be having a very different conversation.
For now…Nobody panic.

But maybe don’t put the fire extinguisher away just yet. 😂🔥

Welcome to September.

09/01/2026

🇺🇸 GET A VA LOAN — YOU EARNED IT. NOW USE IT!

If you served our country and earned your VA home loan benefit, the KDM Lending Team is here to help you put it to work. And VA financing goes WAY beyond simply buying a traditional house.

Here are some of the VA loan options we can help with:
🏡 VA Home Purchase Loans
💰 0% Down VA Purchase Options
🏠 VA Manufactured Home Loans
🏘️ VA 2–4 Unit Multi-Family Loans
🏗️ VA One-Time Close Construction Loans
🔨 VA Renovation Loans
📉 VA IRRRL Streamline Refinances
💵 VA Cash-Out Refinances
🔑 VA Loan Assumptions

🇺🇸 You earned it. Now let's figure out how to use it.

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

09/01/2026

🏡 KENTUCKY — WE DO HOME LOANS!

From Louisville and Lexington to the small towns, horse country, and everywhere in between, Patriot Pacific Financial Corp is helping people finance homes throughout Kentucky.

And we have a LOT of options:
🏠 Conventional Home Loans
🇺🇸 VA Home Loans
🔑 FHA Home Loans
🌾 USDA Home Loans
🏡 Manufactured Home Loans
🏗️ One-Time Close Construction Loans
🔨 Renovation Loans
💰 Jumbo Home Loans
📊 Bank Statement & Non-QM Loans
🏘️ Investor & DSCR Loans
🌳 Land Loans
💵 HELOCs & Cash-Out Refinances
👴 Reverse Mortgages & Reverse for Purchase

📲 If buying, building, refinancing, or investing in Kentucky is in your plans, reach out to Patriot Pacific Financial Corp. Let's find the financing that fits what you're trying to accomplish.

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

08/31/2026

🚨🚨 MORTGAGE MARKET UPDATE 🚨🚨
WELL… WE DID IT. 😑

MORTGAGE RATES JUST HIT THEIR HIGHEST LEVEL IN OVER A YEAR.

Before everybody starts throwing furniture…There's a pretty big asterisk attached to that headline. 😂

🏡 WHAT HAPPENED?
Mortgage News Daily's average top-tier 30-year fixed jumped to:
6.87%

That's UP 0.06% today from Friday's 6.81%.
Technically, that's the highest reading since June 2025.

Sounds horrible, right?
Here's the funny part…We're only BARELY above the previous highs.

In fact, according to MND, the average borrower probably wouldn't notice much difference between today's pricing and what we saw back on July 23.

So yes…NEW 14-MONTH HIGH! 🚨

But maybe put the sirens back in the garage. 😂

📉 WHY DID RATES GO UP TODAY?
This is actually the most important part of today's story.
There wasn't some horrible inflation report.
There wasn't a surprise jobs number.
The Fed didn't suddenly kick over another table.

Today's bond weakness was largely caused by mechanical MONTH-END TRADING.

Big institutional investors and funds have portfolios they need to rebalance at the end of the month. That can create unusual buying and selling in the bond market that doesn't necessarily tell us much about where the economy is headed.

And when bonds lose ground:
📉 Bond prices fall
📈 Treasury yields rise
🏡 Mortgage rates rise

The 10-year Treasury climbed to roughly 4.75% today.
THAT is the number I'm watching closely.

Because if the 10-year keeps pushing higher, mortgage rates are going to have a hard time getting meaningful relief.

🛢️ BUT THERE'S ANOTHER PROBLEM…Oil.

Yep.
Our favorite mortgage-market villain is back. 😂

Oil jumped again today as tensions involving the U.S. and Iran escalated, with Brent crude moving above $90 at points.

Why should somebody buying a house care about a barrel of oil?
Because expensive energy can feed inflation.

🛢️ Oil UP
🔥 Inflation pressure UP
📈 Bond yields UP
🏡 Mortgage-rate pressure UP

And after Friday's hawkish Fed message at Jackson Hole, the LAST thing the bond market needs is another reason to worry about inflation.

📉 WHAT'S THE STOCK MARKET DOING?
Wall Street didn't exactly celebrate today either.

The Dow, S&P 500 and Nasdaq all finished LOWER.

Rising oil prices, higher Treasury yields and renewed geopolitical concerns put investors back into caution mode.

But here's some perspective:
All three major indexes still finished AUGUST higher.
So stocks had a decent month…While mortgage rates apparently spent August looking around and saying:

“How can I ruin this for everybody?” 😂

👀 WHAT I'M WATCHING NEXT
📈 10-Year Treasury
📉 Mortgage-backed securities
🛢️ Oil
🔥 Inflation
🌍 U.S.-Iran / Strait of Hormuz
💼 Upcoming jobs and economic data

Here's what I DON'T want to see:
The 10-year Treasury making a sustained move above today's levels.

We're around 4.75%, and that area matters.

If yields keep climbing, mortgage rates could continue feeling pressure. If bonds settle down after today's month-end weirdness?

We could get some relief.

🏁 BOTTOM LINE
Friday: 6.81%
Today: 6.87%
UP 0.06%.
Highest mortgage-rate reading since June 2025.

But today's increase appears to have been driven largely by month-end bond-market mechanics rather than some dramatic deterioration in the economy. So I'm not hitting the panic button.

Yet. 😂

The bigger concern is the combination of elevated Treasury yields, higher oil prices, geopolitical uncertainty and an inflation fight that isn't finished.

Basically…Mortgage rates have become the financial equivalent of that one shopping cart at Kmart with the busted wheel.

You keep trying to go straight…AND THE DAMN THING KEEPS PULLING TO THE RIGHT. 😂

Welcome to September.
Let's see what happens next. 😎

08/31/2026

🏡 READY FOR YOUR NEXT HOME?
🏡 YOUR HOME LOAN STARTS HERE!

Whether you're buying your first home, selling and moving into something bigger, downsizing, building from the ground up, or finally going after that home you've had your eye on — the KDM Lending Team is ready to help make it happen.

Here are just some of the financing options we offer:
🏠 Conventional Home Loans
🇺🇸 VA Home Loans
🔑 FHA Home Loans
🌾 USDA Home Loans
🏗️ One-Time Close Construction Loans
🔨 Renovation Loans
🏡 Manufactured Home Loans
💰 Jumbo Loans
📊 Bank Statement & Non-QM Loans
🏘️ Investor & DSCR Loans
🌳 Land Loans
💵 HELOCs & Cash-Out Refinances
👴 Reverse Mortgages & Reverse for Purchase

📲 If buying your next home is somewhere on your radar, let's start the conversation now. You don't have to be ready to make an offer tomorrow. You just need a plan.

KDM Lending Team
Veteran-Owned & Operated
Financing Homes ⭐ Building Dreams

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV

08/31/2026

🏠 INDIANA — WE DO HOME LOANS!

From Indianapolis to small-town Indiana and everywhere in between, Patriot Pacific Financial Corp is helping homebuyers, homeowners, Veterans, investors, and builders find the financing they need.

Some of the loan programs we offer include:
🏡 Conventional Home Loans
🇺🇸 VA Home Loans
🔑 FHA Home Loans
🌾 USDA Home Loans
🏗️ One-Time Close Construction Loans
🔨 Renovation Loans
🏠 Manufactured Home Loans
💰 Jumbo Loans
📊 Bank Statement & Non-QM Loans
🏘️ Investor & DSCR Loans
🌳 Land Loans
💵 HELOCs & Cash-Out Refinances
👴 Reverse Mortgages & Reverse for Purchase

📲 If you're thinking about buying, building, refinancing, or investing in Indiana, reach out to Patriot Pacific Financial Corp and let's see what we can put together.

Kris McCullough
📱 Call/Text: 951.387.0037
📧 Email: [email protected]
🌐 www.KrisMcCullough.com
NMLS 1756904 | DRE 01985953

Patriot Pacific Financial Corp
NMLS 1921615 | DRE 02103516
Equal Housing Opportunity

📌 Facebook:
📌 Instagram:
📌 YouTube:
📌DIY Credit Repair:
https://www.creditbuilderiq.com/bus/?offercode=4375029H

📍 States PPFC Serves: AL, AZ, AR, CA, CO, DC, FL, HI, ID, IL, IN, KY, LA, MD, MI, MO, MT, NM, NC, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV