Traditional & Non-Traditional Mortgage Solutions

Derek Vail | Senior Managing Officer  
 Direct: 323.823.7913 
NMLS#1233953

🏡 Mortgage Rate Update – Last Week’s Highlights
The job market cooled more than expected, with slower hiring and wage growth. That gave rates some breathing room and we saw a slight dip.
The Fed held rates steady, signaling they’re in wait-and-see mode — they’re watching inflation and the economy closely before making any moves.
Investors are now leaning toward a possible rate cut later this year, especially if data keeps showing a slowdown.
 
🔍 What to Expect Next:
If inflation stays in check and the economy continues to ease, we could see gradual improvements in rates over the next few months — but all eyes are on next week’s CPI report.

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