We’re seeing encouraging rate improvements today following comments from Treasury Secretary Bessent, who emphasized that the quality of the proposed tariffs matters more than meeting the August 1st deadline.

This contrasts with Commerce Secretary Lutnick’s firm stance that the deadline is fixed.

On the housing front, completions are down 25% from the August 2024 peak, but construction hiring is on the rise, making up roughly one-sixth of all public sector job gains.

For the week, we’re floating rates for our clients and advising refinance clients to get their documents ready.

If rates drop later this summer as expected, there will be a surge of activity—and being prepared now means you’ll be first in line when the window opens.

http://www.YourApplicationOnline.com Soft Credit Pull.