The Mortgage Vet Weekly
Market Intel.
Straight Talk.
Weekly mortgage rates, market data, VA loan updates, and straight talk, built for realtors and buyers in MT, CO, CA, and NC.
Real-Time Rates & This Week's Episode
The Dip Didn't Hold.
Rates rose a second straight week to 6.55%, and the seven-week low is gone. But prices set another record and homes are sitting longer, so the leverage is still on the buyer's side. Here is where the market stands at the mid-year mark, plus the 2-1 buydown and what actually moves your rate now.
The Year Is Half Over. The Market Didn't Wait.
Rates ticked back up to 6.55% and the seven-week low is gone, even as prices hit a fresh record. Inside: where the market sits at the mid-year mark, the 2-1 buydown, an Apollo 11 Vet Corner, and a two-hour summer cookout.
- 📊 Rate Snapshot: 30-year fixed at 6.55%, 15-year at 5.93%, up a second straight week (Freddie Mac, week ending July 16)
- 🏘️ National Market: Median $440,600, a record high and the 36th straight annual gain (NAR, June). Sales 4.09M, 4.6-month supply, affordability index 102.3
- ★ Vet Corner: Apollo 11, launched July 16 and landed July 20, flown by an all-military crew, and the VA loan you earned
- 🤝 Buyer Tip: How to read a listing that has been sitting, before you fall for the deal
- 🇺🇸 Special Feature: Your two-hour summer cookout menu, plus the 2-1 buydown as Loan Product of the Week
Local Coverage, State by State
The Mortgage Vet Weekly is national, but housing is local. State editions go deeper with local market data, VA loan detail, regional partners, and events on the ground. Each state shows its current issue and last week's.
Rates Ticked Up. Buyers Still Have The Edge.
Rates ticked up to 6.55% while NC buyers kept the edge. Inside: Fort Bragg and Triangle numbers, a Carolina BBQ feature, the 2-1 buydown, and a Fayetteville agent spotlight.
Summer's Half Over. The Dip Is Too.
Where Montana stands after the rate ticked back up, with the latest Flathead, Helena, and Great Falls county reads. Plus the reverse-sear tomahawk and the 2-1 buydown.
Paul Messina
Paul Messina
Branch Manager · Milestone Mortgage Solutions · NMLS #2679956
Army combat vet and Branch Manager at Milestone Mortgage Solutions, serving clients across 48 states and the U.S. Virgin Islands. Specializing in VA, FHA, conventional, and USDA lending, with straight talk so realtors and buyers know exactly where the market stands.
Now serving clients in 48 states and the U.S. Virgin Islands
This newsletter is for informational purposes only and does not constitute a commitment to lend. Rates shown are national averages and are not a guarantee of the rate you will receive. Equal Housing Lender.