Mortgage rates just dipped below 6% for the first time in over a month — and that’s great news for homebuyers and refinancers!
In this week’s Rate Watch, I break down what this shift means and share a real story of how a big bank left a borrower hanging… until we stepped in and closed his loan in just a few days.
✔ Why rates are trending in the right direction
✔ How mortgage brokers outperform big banks
✔ How we closed a loan in record time
✔ FHA, VA, conforming, and high-balance loan advantages
✔ Why personal service matters more than ever
If you’re buying, refinancing, or just want honest mortgage guidance — I’m here to help.
Let’s get you approved fast.
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
What You'll Learn In This Video:
- Mortgage rates have dipped back below 6% for the first time in over a month—small drop, but a positive sign of market stability.
- Dave contrasts big banks vs. mortgage brokers, noting many borrowers get stuck or “ghosted” by large institutions.
- He shares a real case where a big bank left a borrower hanging; Dave’s team took the loan Wednesday and closed by Monday, proving faster, hands-on service.
- Mortgage brokers can beat big banks on conforming loans and offer wider options, including FHA, VA, and high-balance programs.
- Dave emphasizes personal service and broader loan solutions, especially for veterans, active military, and buyers needing more flexible programs.
-
Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
-
Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
7030 137 Street, Kew Gardens Hills, NY 11367
Summit Funding | Licensed Correspondent Mortgage Lender (NMLS #301151) New Jersey Department of Banking and Insurance
Summit Funding Inc., Your Mortgage Professionals Licensed Mortgage Broker (NMLS #84943) | State of Connecticut Department of Banking
Summit Funding, Your Mortgage Professionals, Inc. Licensed Mortgage Broker (NMLS #84943) | Florida Office of Financial Regulation
Loans Provided By Third Party Lenders
Refer with Confidence®
-
#yourmortgageguy #mortgages #mortgageprofessionals #homeloans #firsttimehomebuyer
