Move It With Megan

Two great OPEN HOUSES this weekend! Saturday in Tiki Island at 102 Bamaku Bend from 12-2pm and Sunday at 13131 7th Street in Santa Fe from 12-2.

This beautiful home just hit the market in League City, TX!

More information here: https://s.hartech.io/mvoatB7SsfKY

RATE NEWS
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After Friday’s jobs report, mortgage rates ticked slightly higher because the data came in “mixed.” Job growth was weaker than expected, but unemployment also fell, which told investors the economy isn’t slowing fast enough to force Fed rate cuts.

That caused bond yields to rise a bit — and since mortgage rates follow the bond market, rates moved up modestly after the report.

In plain English:
the economy didn’t look weak enough to justify lower rates yet, so the market hit the pause button on further declines.
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What this means for buyers:
Even with the small uptick after the jobs report, mortgage rates remain near their recent lows — and the bond market is showing that rates are far more likely to drift sideways or down than spike higher.

Buyers who wait for the “perfect” rate risk missing both inventory and negotiating power. Getting under contract while rates are still in this range gives buyers stability now — with the opportunity to refinance later if rates improve.

Information provided by Jennifer Hughes Hernandez, Legacy Mutual Mortgage