Delmar Mortgage

?????????????? ?????????????? - ?????????? ????, ???????? The week started with treasury yields at ??.??????% and rising slightly to ??.??????%. Economic updates included inflation data that came in lower than expected, which helped calm concerns about prices rising too fast. Meanwhile, the ???????????????? ?????????? ?????????? (??????), which tracks what businesses pay for goods and services, showed no change — came in line with predictions. Former President Trump’s comments over the weekend raised concerns about a possible economic slowdown. He warned that new tariffs could affect U.S. growth, and the shift from government spending to more private sector-driven growth might take time. Small business confidence dropped, suggesting worries about inflation, and hiring. On a positive note, ?????? ???????????????? ???????? ???? ??????????????, showing some strength in the job market. Consumer confidence fell significantly, signaling that people are feeling uncertain about the economy, especially with ongoing tariff discussions and weak economic data. Investors are now focused on the ?????????????? ??????????????’?? upcoming meeting, where most expect interest rates to remain unchanged. Many believe June could be the earliest we might see a rate cut. Next week’s housing market data will also be closely watched for signs of economic stability. ????????????????:? In a series of tweets Thursday evening, newly confirmed ???????? ???????????????? ???????? ?????????? made it clear that pulling Fannie Mae and Freddie Mac out of conservatorship is his top priority and wrote: “big announcements coming soon”? Bill Pulte was confirmed as director of the ?????????????? ?????????????? ?????????????? ???????????? after a majority of the Senate backed him to lead an agency that plays a key role in the US housing market #weeklyupdate

On this International Women's Day, we're celebrating the incredible contributions of women in the mortgage and real estate industries! While women make up about 44.7% of mortgage loan officers and 28.3% of mortgage bankers, their impact goes far beyond numbers. These women are leading with innovation, determination, and vision, driving the industry forward and breaking barriers along the way. While there's still work to be done, we're excited to see how women are shaping the future of homeownership and finance. Here’s to more women rising to leadership roles in our industry, mentoring the next generation, and continuing to make a difference in lending and beyond! #InternationalWomensDay #IWD #WomenInMortgage #WomenInLending #DelmarMortgage #WomenInBusiness #DelmarDifference

?????????????? ?????????????? -??????????? ??, ???????? This week saw a lot of market ups and downs, largely driven by concerns over new tariffs and economic data. The 10-year Treasury yield fluctuated, starting the week at ??.??????%, dropping as low as ??.??????% on Tuesday, and opening Friday at ??.??????%. ?????? ????????????????????: ?????????????? & ?????????????????? ????????????????: New tariffs on imports from Canada, Mexico, and China raised worries about rising costs for consumers and businesses. ?????? ????????????: Hiring slowed, with private companies adding fewer jobs than expected (77,000 vs. 148,000 forecast). However, unemployment claims dropped, suggesting some resilience in the labor market. ???????????????? ????????: Factory activity slightly declined, and construction spending fell. The U.S. trade deficit hit a record high as imports surged before tariffs took effect. ?????????????? ?????????????? ??????????: The Fed is closely monitoring inflation and job data to determine future interest rate moves. ?????????????? ??????????: Next week’s inflation reports (CPI on Wednesday, PPI on Thursday) will be critical in shaping expectations for interest rates. While the economy remains strong, concerns over inflation and trade policies continue to create uncertainty.? ? ????????????????: Mortgage rates in the US fell for a seventh straight week, posting the biggest weekly drop since the middle of September. The average for 30-year loans was 6.63%, down from 6.76% last week, Freddie Mac said in a statement Thursday The US Department of Housing and Urban Development plans to close dozens of field offices across the US, leaving most states without sites or staff to underwrite mortgages Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin. #weeklyupdate

Mortgage MythBusters! We are here to debunk common myths and misconceptions that can lead you astray when it comes to home loans. From down payments to credit scores, we're breaking it all down—so you can make smarter, more informed decisions. MYTH: You need perfect credit to get approved for a home loan. TRUTH: Perfect credit isn't required for approval. In fact, lenders also consider income, debt-to-income ratio, employment history, and down payment. A higher credit score can improve your chances of approval and the terms. This is just the beginning! Check back each week in March for more tips, facts, and expert insights that separate truth from fiction in the world of lending! Let’s bust those myths wide open! Mortgage MythBusters - Spreading truth in your home buying experience. ?? Looking for a Loan Officer? Stare here. https://lnkd.in/gPSyEwVv Delmar Mortage NMLS# 30998 ?2025 Delmar Mortgage #MortgageMythbusters #HomeBuying #DelmarDifference #MortgageLending #LoanOfficer

This week, we celebrated ?????? years of excellence by Lisa and Dan McLaughlin! From their hard work and dedication to their unwavering commitment to our team, they’ve truly made a lasting impact at Delmar Mortgage. The milestone celebration was filled with kind words, laughter, and, of course, some delicious BBQ! Here's what Lisa wrote about what Delmar has meant to her: ????’?? ???????? ???? ?????????????? ???????? ??’?? ?????????????????????? ???? 10???? ???????? ???????? ???? ???????????? ????????????????! ???????? ?????? ?????????? ?? ?????????????????? ???????? ????????, ?????? ???????? ???????????????? ?????????????? ???????? ???? ?????? ???????? ?????? ?????????? ???????? ???????? ???????? ?????? ???????? ?????? ???? ?????? ??????????????. ?????????????? ????????, ?????????? ?????? ???????? ???? ?????? ?????????? ???????????????????? ???????? ???????? ????????, ?????? ???????????? ?????????????? 10 ?????????? ?????? ?????????????? ???????????????????? ?????? ????. ???? ??????????????????, ???? ????????????????, ???? ?????????? ?????? ???? ??????????. ?? ???????? ???????? ?? ?????????????? ???? ?????? ???????????????? ???????????????? 26 ?????????? ?????? ???????? ?? ?????????? ???????????? ???? ???????? ?? ?????????????????? ???????????? ???????? ?????? ???? ????????’?? ?????????? 10 ?????????? ?????? ???????? ?? ?????????????? ?????????????? ?????? ?????????? ?????????????? ???????? ?????????? ???? ?????????????? ???? ????????????????????. ?? ???????? ?????????? ?????????? ???? ?????????????? ?????? ?? ???????????? ?????????? ?????????????? ???????? ?????? ???????? ?? ???????????? ?????????? ?????????????? ????????????. ???????? ?? ???????? ?????????? ???????????? ?????? ?? ?????????????? ?????? #???????????????????????????????? ?? ???????? ???????? ?? ???????????? ???????? ?? ???????????????? ????’?? ???????? ?????????? ???????? ?????? ??????????, ?????? ???????? ?????? ???????????? ?????? ?????? ?????? ???????? ?????? ?????? ???????????????? ?????? ??????????????. ???????????? ???? ?????????? ?????????????????? ?????? ????’?? ?????????????? ?????? ???????? ?????? ?????? ?????????????? ???? ????????????. ????????'?? ???? ???? ?????????? ???? ?????????????? ?????? ???????? ???????? ???? ????????! Thank you, Lisa and Dan, we appreciate you both! #WorkAnniversary #10Years #TeamExcellence #DelmarMortgage #CelebratingSuccess Lisa McLaughlin Dan McLaughlin

?????????????? ?????????????? - ???????????????? ????, ???????? ???????????????? ???????????? & ?????? ?????????????? Treasury yields fell from 4.44% on Feb. 24 to 4.244% on Feb. 28. Investors closely watched Fed officials' remarks, with the central bank reaffirming a gradual approach to inflation control. ???????????????? ???????????????????? & ???????????? ?????????????????? ??????. ????: Weak global growth concerns lifted markets. U.S. consumer confidence dropped to 98.3 (vs. 102.0 expected), the lowest since June. ??????. ????: Fed Chair Powell emphasized patience on rate cuts, citing economic resilience, but weaker confidence and home sales signaled possible slowing. ??????. ????: Markets dipped as jobless claims rose by 22,000 (to 242,000) and pending home sales fell 4.6% in January. ??????. ????: Core PCE inflation rose 0.3% in January (2.6% YoY), still above the Fed’s 2% target. Consumer spending declined 0.2%. ?????? ???????????? ???????? ???????? ?????????? ??: ISM Manufacturing PMI release. ?????????? ??: China’s National People's Congress outlines 2025 growth targets and stimulus plans. ?????????? ??: European Central Bank rate decision—markets expect a cut. ?????????? ??: U.S. Jobs Report forecasts 133,000 new jobs, 4% unemployment. ?????????? ??: New tariffs take effect on Mexico, Canada, and China, with potential European auto tariffs looming. #weeklyupdate

Congratulations to Jordyn Suranyi, whose name was drawn from our Peer-to-Peer nominations to select our Charity of the Month! At Delmar, we’re committed to giving back to the communities where we live, work, and play. Each month, we donate and match the donations made by our team members to the selected charity. Jordyn has chosen Stray Rescue of St. Louis. She chose Stray Rescue because of its mission to rescue animals that other organizations may turn away or euthanize due to cost or severity. Stray Rescue takes in animals that are abandoned, abused, injured, or neglected, offering them a second chance at life, health, and love, no matter the time or cost. Thank you, Stray Rescue, for all the incredible work you do! #DelmarMortgage #communitysupport #peertopeer

We are incredibly proud of our team members, Robert Heideman and Lillie Danzer, for going above and beyond to make a positive impact in our community. Their dedication to supporting veterans and giving back is truly inspiring. At Delmar Mortgage, we believe in making an impact beyond just business—it's about building stronger communities together. Thank you Robert and Lillie for all that you do! #Community #SupportingVeterans #Outreach #TogetherIsBetter #PGAHOPE

?????????????? ?????????????? ???????????????? ????, ???????? With markets closed Monday for Presidents Day, this was a shorter trading week. The 10-year Treasury yield opened Tuesday at 4.515% and is currently?at 4.490%, staying steady around the 4.5% mark. Home builder confidence dropped sharply from 47 to 42, below expectations, as builders worry about tariffs, high mortgage rates, and rising costs. The Fed remains firm on keeping rates steady until inflation falls, or the job market weakens, suggesting one or two rate cuts this year. Housing data showed a 9.8% drop in new home construction to 1.336 million, while building permits slightly increased to 1.483 million. High mortgage rates and prices continue to challenge the market. Jobless claims rose to 219,000, higher than expected, while a key business survey showed slower growth. Despite this, economists still anticipate solid job growth in February’s payroll report (due March 7). On Thursday, Fed officials reiterated that rate cuts depend on a weaker job market or faster inflation decline. Trump announced 25% tariffs on cars, pharmaceuticals, and semiconductors starting April 2nd, raising inflation concerns. Some U.S. businesses are stockpiling materials to offset rising costs. Key economic reports, including GDP and PCE (a key inflation measure), are coming next week. This could lead to further market volatility next week ? ????????????????:??? ? Mortgage rates in the US declined for a fifth week, pushing borrowing costs to the lowest point since late December. The average for 30-year loans was 6.85%, down from 6.87% last week, Freddie Mac said in a statement? ? Foreclosure starts surged 30% and sales climbed 25% in January as the Department of Veterans Affairs ended a voluntary ban it had in place to help certain distressed borrowers with a transition away from temporary pandemic relief. Foreclosure inventory rose by 7% #marketmovements #delmarmortgage

?? Congratulations to our 2024 Pinnacle Recipients! ?? A huge shoutout to our outstanding mortgage lenders for their dedication, hard work, and excellence in serving our clients. Your commitment to helping others achieve homeownership has truly set you apart. Here’s to your success and many more milestones ahead! #MortgageExcellence #DelmarMortgage #LendingPath #PinnacleRecipients #Earned #HomeownershipHeroes #2024Recognition ? ?