Delmar Mortgage

May your day be filled with luck, laughter, and a little extra green! 💰🌈 Whether you're chasing rainbows or planning for a brighter financial future, we’re here to help you find your pot of gold. Happy St. Patrick's Day! Find your loan officer here! https://lnkd.in/gPSyEwVv #DelmarDifference #FinancialFuture #YourSuccessIsOurGoal

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗠𝗮𝗿𝗰𝗵 𝟭𝟰, 𝟮𝟬𝟮𝟱 The week started with treasury yields at 𝟰.𝟮𝟲𝟯% and rising slightly to 𝟰.𝟯𝟬𝟮%. Economic updates included inflation data that came in lower than expected, which helped calm concerns about prices rising too fast. Meanwhile, the 𝗣𝗿𝗼𝗱𝘂𝗰𝗲𝗿 𝗣𝗿𝗶𝗰𝗲 𝗜𝗻𝗱𝗲𝘅 (𝗣𝗣𝗜), 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, 𝗷𝗼𝗯 𝗼𝗽𝗲𝗻𝗶𝗻𝗴𝘀 𝗿𝗼𝘀𝗲 𝗶𝗻 𝗝𝗮𝗻𝘂𝗮𝗿𝘆, 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 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲’𝘀 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. 𝗡𝗼𝘁𝗮𝗯𝗹𝗲𝘀:  In a series of tweets Thursday evening, newly confirmed 𝗙𝗛𝗙𝗔 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗕𝗶𝗹𝗹 𝗣𝘂𝗹𝘁𝗲 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 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗔𝗴𝗲𝗻𝗰𝘆 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

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗠𝗮𝗿𝗰𝗵 𝟳, 𝟮𝟬𝟮𝟱 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 𝟰.𝟮𝟱𝟰%, dropping as low as 𝟰.𝟭𝟰𝟲% on Tuesday, and opening Friday at 𝟰.𝟮𝟲𝟵%. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 & 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗖𝗼𝗻𝗰𝗲𝗿𝗻𝘀: New tariffs on imports from Canada, Mexico, and China raised worries about rising costs for consumers and businesses. 𝗝𝗼𝗯 𝗠𝗮𝗿𝗸𝗲𝘁: 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. 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗗𝗮𝘁𝗮: Factory activity slightly declined, and construction spending fell. The U.S. trade deficit hit a record high as imports surged before tariffs took effect. 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 𝗪𝗮𝘁𝗰𝗵: The Fed is closely monitoring inflation and job data to determine future interest rate moves. 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱: 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.    𝗡𝗼𝘁𝗮𝗯𝗹𝗲𝘀: 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 𝗧𝗘𝗡 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: 𝘐𝘵’𝘴 𝘩𝘢𝘳𝘥 𝘵𝘰 𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘵𝘩𝘢𝘵 𝘐’𝘮 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩𝘪𝘯𝘨 𝘮𝘺 10𝘵𝘩 𝘺𝘦𝘢𝘳 𝘩𝘦𝘳𝘦 𝘢𝘵 𝘋𝘦𝘭𝘮𝘢𝘳 𝘔𝘰𝘳𝘵𝘨𝘢𝘨𝘦! 𝘞𝘩𝘦𝘯 𝘺𝘰𝘶 𝘳𝘦𝘢𝘤𝘩 𝘢 𝘮𝘪𝘭𝘦𝘴𝘵𝘰𝘯𝘦 𝘭𝘪𝘬𝘦 𝘵𝘩𝘪𝘴, 𝘺𝘰𝘶 𝘧𝘪𝘯𝘥 𝘺𝘰𝘶𝘳𝘴𝘦𝘭𝘧 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘣𝘢𝘤𝘬 𝘢𝘵 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘵𝘩𝘦 𝘺𝘦𝘢𝘳𝘴 𝘵𝘩𝘢𝘵 𝘩𝘢𝘷𝘦 𝘱𝘢𝘴𝘵 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘩𝘰𝘸 𝘪𝘵 𝘢𝘭𝘭 𝘴𝘵𝘢𝘳𝘵𝘦𝘥. 𝘔𝘦𝘦𝘵𝘪𝘯𝘨 𝘔𝘢𝘵𝘵, 𝘏𝘦𝘯𝘳𝘺 𝘢𝘯𝘥 𝘛𝘰𝘥𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘭𝘢𝘳𝘨𝘦 𝘤𝘰𝘯𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘳𝘰𝘰𝘮 𝘵𝘩𝘢𝘵 𝘤𝘰𝘭𝘥, 𝘪𝘤𝘺 𝘸𝘪𝘯𝘵𝘦𝘳 𝘮𝘰𝘳𝘯𝘪𝘯𝘨 10 𝘺𝘦𝘢𝘳𝘴 𝘢𝘨𝘰 𝘤𝘩𝘢𝘯𝘨𝘦𝘥 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘧𝘰𝘳 𝘮𝘦. 𝘔𝘺 𝘥𝘪𝘳𝘦𝘤𝘵𝘪𝘰𝘯, 𝘮𝘺 𝘢𝘮𝘣𝘪𝘵𝘪𝘰𝘯, 𝘮𝘺 𝘧𝘰𝘤𝘶𝘴 𝘢𝘯𝘥 𝘮𝘺 𝘨𝘰𝘢𝘭𝘴. 𝘐 𝘬𝘯𝘦𝘸 𝘸𝘩𝘦𝘯 𝘐 𝘴𝘵𝘢𝘳𝘵𝘦𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 26 𝘺𝘦𝘢𝘳𝘴 𝘢𝘨𝘰 𝘵𝘩𝘢𝘵 𝘐 𝘯𝘦𝘷𝘦𝘳 𝘸𝘢𝘯𝘵𝘦𝘥 𝘵𝘰 𝘵𝘢𝘬𝘦 𝘢 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘤𝘢𝘳𝘦𝘦𝘳 𝘱𝘢𝘵𝘩 𝘣𝘶𝘵 𝘪𝘵 𝘸𝘢𝘴𝘯’𝘵 𝘶𝘯𝘵𝘪𝘭 10 𝘺𝘦𝘢𝘳𝘴 𝘢𝘨𝘰 𝘵𝘩𝘢𝘵 𝘐 𝘧𝘪𝘯𝘢𝘭𝘭𝘺 𝘧𝘪𝘨𝘶𝘳𝘦𝘥 𝘰𝘶𝘵 𝘸𝘩𝘪𝘤𝘩 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘸𝘪𝘭𝘭 𝘤𝘢𝘳𝘳𝘺 𝘮𝘦 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘵𝘰 𝘳𝘦𝘵𝘪𝘳𝘦𝘮𝘦𝘯𝘵. 𝘐 𝘵𝘢𝘬𝘦 𝘨𝘳𝘦𝘢𝘵 𝘱𝘳𝘪𝘥𝘦 𝘪𝘯 𝘸𝘰𝘳𝘬𝘪𝘯𝘨 𝘧𝘰𝘳 𝘢 𝘧𝘢𝘮𝘪𝘭𝘺 𝘰𝘸𝘯𝘦𝘥 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘵𝘩𝘢𝘵 𝘩𝘢𝘴 𝘴𝘶𝘤𝘩 𝘢 𝘴𝘵𝘳𝘰𝘯𝘨 𝘭𝘰𝘤𝘢𝘭 𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘭𝘦𝘨𝘢𝘤𝘺. 𝘞𝘩𝘦𝘯 𝘐 𝘵𝘢𝘭𝘬 𝘢𝘣𝘰𝘶𝘵 𝘋𝘦𝘭𝘮𝘢𝘳 𝘢𝘯𝘥 𝘐 𝘮𝘦𝘯𝘵𝘪𝘰𝘯 𝘵𝘩𝘦 #𝘋𝘦𝘭𝘮𝘢𝘳𝘋𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘐 𝘩𝘰𝘱𝘦 𝘵𝘩𝘢𝘵 𝘐 𝘤𝘰𝘯𝘷𝘦𝘺 𝘸𝘩𝘢𝘵 𝘢 𝘣𝘭𝘦𝘴𝘴𝘪𝘯𝘨 𝘪𝘵’𝘴 𝘣𝘦𝘦𝘯 𝘵𝘩𝘦𝘴𝘦 𝘭𝘢𝘴𝘵 𝘵𝘦𝘯 𝘺𝘦𝘢𝘳𝘴, 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘧𝘰𝘳 𝘮𝘺𝘴𝘦𝘭𝘧 𝘢𝘯𝘥 𝘋𝘢𝘯 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘧𝘰𝘳 𝘰𝘶𝘳 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴 𝘢𝘯𝘥 𝘤𝘭𝘪𝘦𝘯𝘵𝘴. 𝘋𝘦𝘭𝘮𝘢𝘳 𝘪𝘴 𝘵𝘳𝘶𝘭𝘺 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵 𝘢𝘯𝘥 𝘪𝘵’𝘴 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘰𝘶𝘳 𝘤𝘰𝘳𝘦 𝘢𝘯𝘥 𝘰𝘶𝘳 𝘤𝘶𝘭𝘵𝘶𝘳𝘦 𝘪𝘴 𝘧𝘢𝘮𝘪𝘭𝘺. 𝗛𝗲𝗿𝗲'𝘀 𝘁𝗼 𝟭𝟬 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗮𝗻𝗱 𝗺𝗮𝗻𝘆 𝗺𝗼𝗿𝗲 𝘁𝗼 𝗰𝗼𝗺𝗲! Thank you, Lisa and Dan, we appreciate you both! #WorkAnniversary #10Years #TeamExcellence #DelmarMortgage #CelebratingSuccess Lisa McLaughlin Dan McLaughlin

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟴, 𝟮𝟬𝟮𝟱 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗬𝗶𝗲𝗹𝗱𝘀 & 𝗙𝗲𝗱 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 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. 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 & 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗮𝗰𝘁𝗶𝗼𝗻𝘀 𝗙𝗲𝗯. 𝟮𝟱: Weak global growth concerns lifted markets. U.S. consumer confidence dropped to 98.3 (vs. 102.0 expected), the lowest since June. 𝗙𝗲𝗯. 𝟮𝟲: Fed Chair Powell emphasized patience on rate cuts, citing economic resilience, but weaker confidence and home sales signaled possible slowing. 𝗙𝗲𝗯. 𝟮𝟳: Markets dipped as jobless claims rose by 22,000 (to 242,000) and pending home sales fell 4.6% in January. 𝗙𝗲𝗯. 𝟮𝟴: Core PCE inflation rose 0.3% in January (2.6% YoY), still above the Fed’s 2% target. Consumer spending declined 0.2%. 𝗞𝗲𝘆 𝗘𝘃𝗲𝗻𝘁𝘀 𝗡𝗲𝘅𝘁 𝗪𝗲𝗲𝗸 𝗠𝗮𝗿𝗰𝗵 𝟭: ISM Manufacturing PMI release. 𝗠𝗮𝗿𝗰𝗵 𝟱: China’s National People's Congress outlines 2025 growth targets and stimulus plans. 𝗠𝗮𝗿𝗰𝗵 𝟲: European Central Bank rate decision—markets expect a cut. 𝗠𝗮𝗿𝗰𝗵 𝟳: U.S. Jobs Report forecasts 133,000 new jobs, 4% unemployment. 𝗠𝗮𝗿𝗰𝗵 𝟰: 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

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟭, 𝟮𝟬𝟮𝟱 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   𝗡𝗼𝘁𝗮𝗯𝗹𝗲𝘀:    • 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