06/03/2026
🚨 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲𝘀 𝗧𝗼𝗱𝗮𝘆! 🚨
📊 𝗥𝗮𝘁𝗲𝘀 𝗘𝗮𝘀𝗲𝗱 𝗦𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝗧𝗼𝗱𝗮𝘆 📊
Mortgage rates moved modestly lower today, offering a bit of relief after yesterday’s increase. While the change isn't dramatic, small improvements can add up over time and create additional flexibility for buyers exploring their options.
📈 𝗧𝗼𝗱𝗮𝘆'𝘀 𝗥𝗮𝘁𝗲𝘀 (June 3, 2026):
30-Year Fixed: 6.57%, estimated payment: $1,592/mo
30-Year FHA: 6.11%, estimated payment: $1,517/mo
30-Year VA: 6.13%, estimated payment: $1,520/mo
(Estimates based on a $250,000 loan amount. Taxes and insurance not included. Actual rates vary based on loan type, credit score, and down payment.)
📉 𝗧𝗼𝗱𝗮𝘆’𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲:
Mortgage-backed securities are moderately weaker today, which may create some upward pressure on rates. However, today's reported mortgage pricing showed slight improvement compared to yesterday, highlighting how daily market movements don't always translate directly into lender pricing.
💡 𝗗𝗼𝗻’𝘁 𝗟𝗲𝘁 𝗛𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 𝗗𝗿𝗶𝘃𝗲 𝗬𝗼𝘂𝗿 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀:
Many people are waiting for the "perfect" interest rate before making a move. The buyers building the most momentum are usually the ones who understand their options, monitor the market, and act when the right opportunity aligns with their goals.
🏡 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗜𝘀 𝗔𝗯𝗼𝘂𝘁 𝗠𝗼𝗿𝗲 𝗧𝗵𝗮𝗻 𝗝𝘂𝘀𝘁 𝗥𝗮𝘁𝗲𝘀:
Purchase price, loan program, seller concessions, down payment assistance, and negotiation strategy can all have a significant impact on your monthly payment and long-term financial picture.
📅 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗙𝗿𝗲𝗲 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻!
DM me or schedule your Complimentary Buyer/Seller Consultation here:
https://calendly.com/stevenjennings/buyer-seller-consultation