Hi all -

Mortgage rates are under some pressure again as Treasury yields move higher.

The Mortgage Bankers Association reported the average 30yr fixed rate increased from 7.30% to 7.49% last week. Mortgage applications also fell 4.2%.

The main driver is the bond market. The 10-year Treasury is around 5.3% this morning, and higher yields generally put upward pressure on mortgage rates.

For buyers, I’d focus less on guessing where rates go next and more on whether the payment works today.
Rates move daily and depend on credit, LTV, term, and points.

https://preview.redd.it/68oe939x66rh1.jpg?width=1186&format=pjpg&auto=webp&s=ed6a4568fc09d77669fcba82c173b20a82589da9

Hi all-

I’m Collin with Alliant Credit Union. I specialize in helping physicians and other medical professionals with home financing, including physician loan programs.

If you’re looking to buy a home or refinance, I’d be happy to take a look at your situation and see if this program may be a good fit.

Veterinarian loan highlights:

• Link to Program Post: Doctor/Physician (No PMI)
• 0% down options available, depending on the loan amount
• No PMI, even with a low or no down payment
• Competitive rates and fees
• Flexible student loan treatment - eligible deferred student loans may be excluded from qualification
• Up to $2 million in loan amounts
• Close up to 120 days before starting your new job
• Eligible properties: primary residence single-family homes, condos, and approved 1–2 unit properties

If you’re considering buying or refinancing and want to see how the numbers work for your situation, feel free to reach out.

Alliant Credit Union is widely recognized and discussed in physician loan communities, including White Coat Investor (WCI) and r/whitecoatinvestor, where doctors often compare physician mortgage lenders and loan programs.

Check current mortgage rates here: Reddit Mortgage Rates

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
⌂ Equal Housing Lender | Federally Insured by NCUA

^(Important Mortgage Rules, Regulations & Disclosures:)
^(For Illustration Only - Not a Rate Quote or Offer to Lend - Rates and terms are subject to change)
^(Disclosures: APR equals Annual Percentage Rate. Rates and terms may change without notice. This is not a commitment to lend. Membership eligibility required. All loans are subject to credit approval and underwriting. Actual rate, APR, and costs vary based on credit, income, property type, and individual loan factors. Lending in all 50 States Excluding Maryland. No subordinate financing.)
^(Home Loan Disclosures)
^(Fixed Rate Mortgage Disclosure)
^(Adjustable Rate Mortgage / ARM Disclosure)
^(Social Media Guidelines and Disclosures)
^(Disclosure Library)

I think homebuyers should be careful with common phrase uttered by realtors and lenders alike...

It sounds clever/catchy but it can easily become a sales pitch for buying a house today with the hope that you’ll refinance later down the road.

The problem is, you can sell a house. You can’t change the interest rate market into cooperating with you. None of us can.

And refinancing later is not guaranteed. Rates might not fall. You might not qualify. Your home value could change. Or the refinance simply might not save you enough money to make sense.

Buy the house because you can comfortably afford the house and payment today.

If rates fall later and refinancing makes sense, great! If not.....?

But don't buy a house you can barely afford today because someone tells you to “date the rate.”

A refinance is a possibility, not a plan.

Good morning everyone-

Mortgage rates got a little help today after inflation came in cooler than expected.

The not so great news is the economy is still showing some strength, so we're not seeing a big move lower just yet.

So far today felt more like a small step in the right direction than a major breakthrough lower

Friday's jobs report could be important, so there’s still plenty that could move rates either way.

If you're closing soon, I'd still be comfortable locking rather than trying to perfectly time the market. If you're a little further out, it makes sense to watch the next few economic reports and see where things go.

TLDR: Rates got a little better today, but we're not out of the woods yet. Friday's jobs report could be the next big mover.

Check current mortgage rates here: Reddit Mortgage Rates

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
⌂ Equal Housing Lender | Federally Insured by NCUA

https://preview.redd.it/ieihrwvv66rh1.jpg?width=1186&format=pjpg&auto=webp&s=7464e5156ba03a4005eca697ffc8abb741b5614d

Hi all-

I’m Collin with Alliant Credit Union. I specialize in helping physicians and other medical professionals with home financing, including physician loan programs.

If you’re looking to buy a home or refinance, I’d be happy to take a look at your situation and see if this program may be a good fit.

Dental loan highlights:

• Link to Program Post: Doctor/Physician (No PMI)
• 0% down options available, depending on the loan amount
• No PMI, even with a low or no down payment
• Competitive rates and fees
• Flexible student loan treatment - eligible deferred student loans may be excluded from qualification
• Up to $2 million in loan amounts
• Close up to 120 days before starting your new job
• Eligible properties: primary residence single-family homes, condos, and approved 1–2 unit properties

If you’re considering buying or refinancing and want to see how the numbers work for your situation, feel free to reach out.

Alliant Credit Union is widely recognized and discussed in physician loan communities, including White Coat Investor (WCI) and r/whitecoatinvestor, where doctors often compare physician mortgage lenders and loan programs.

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Check current mortgage rates here: Reddit Mortgage Rates

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
⌂ Equal Housing Lender | Federally Insured by NCUA

^(Important Mortgage Rules, Regulations & Disclosures:)
^(For Illustration Only - Not a Rate Quote or Offer to Lend - Rates and terms are subject to change)
^(Disclosures: APR equals Annual Percentage Rate. Rates and terms may change without notice. This is not a commitment to lend. Membership eligibility required. All loans are subject to credit approval and underwriting. Actual rate, APR, and costs vary based on credit, income, property type, and individual loan factors. Lending in all 50 States Excluding Maryland. No subordinate financing.)
^(Home Loan Disclosures)
^(Fixed Rate Mortgage Disclosure)
^(Adjustable Rate Mortgage / ARM Disclosure)
^(Social Media Guidelines and Disclosures)
^(Disclosure Library)

Hi all -

Not much changed today. Mortgage rates are still bouncing around day to day, and we're seeing a little pressure higher after some recent improvement

For buyers, that means affordability is still moving around week to week instead of trending clearly in either direction. For homeowners thinking about a refinance, it may be worth keeping an eye on rates, but there's no major shift happening right now

Honestly, the market looked prrreettyyy quiet today. Rates aren't running away higher, but they're not giving us a strong reason to relax either. We're still stuck in that same old "wait and see" environment

TLDR: Rates are still moving sideways with some daily ups and downs. If you're buying or refinancing soon, stay engaged and be ready to act when the numbers make sense for your situation.

Check mortgage rates right here on Reddit!

https://preview.redd.it/ocvc47it66rh1.jpg?width=1186&format=pjpg&auto=webp&s=cec8058748f351fa81fa4bd0d103c714c2c32ea7

Hi all-

I’m Collin with Alliant Credit Union. I specialize in helping physicians and other medical professionals with home financing, including physician loan programs.

If you’re looking to buy a home or refinance, I’d be happy to take a look at your situation and see if this program may be a good fit.

Physician loan highlights:

• Link to Program Post: Doctor/Physician (No PMI)
• 0% down options available, depending on the loan amount
• No PMI, even with a low or no down payment
• Competitive rates and fees
• Flexible student loan treatment - eligible deferred student loans may be excluded from qualification
• Up to $2 million in loan amounts
• Close up to 120 days before starting your new job
• Eligible properties: primary residence single-family homes, condos, and approved 1–2 unit properties

Alliant Credit Union is widely recognized and discussed in physician loan communities, including White Coat Investor (WCI) and r/whitecoatinvestor, where doctors often compare physician mortgage lenders and loan programs.

If you’re considering buying or refinancing and want to see how the numbers work for your situation, feel free to reach out.

Check current mortgage rates here: Reddit Mortgage Rates

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
⌂ Equal Housing Lender | Federally Insured by NCUA

^(Important Mortgage Rules, Regulations & Disclosures:)
^(For Illustration Only - Not a Rate Quote or Offer to Lend - Rates and terms are subject to change)
^(Disclosures: APR equals Annual Percentage Rate. Rates and terms may change without notice. This is not a commitment to lend. Membership eligibility required. All loans are subject to credit approval and underwriting. Actual rate, APR, and costs vary based on credit, income, property type, and individual loan factors. Lending in all 50 States Excluding Maryland. No subordinate financing.)
^(Home Loan Disclosures)
^(Fixed Rate Mortgage Disclosure)
^(Adjustable Rate Mortgage / ARM Disclosure)
^(Social Media Guidelines and Disclosures)
^(Disclosure Library)

Hi all...

Mortgage rates have been moving higher lately but today was a little calmer.

One factor that has been putting pressure on rates (and all of us)... higher energy costs... eased up today, which gave rates some room to stabilize.

For buyers, that’s a good thing. It could mean the recent rate increases start to slow down instead of continuing at the same pace upward.

For homeowners thinking about refinancing, rates still aren’t low enough to create a lot of opportunities, but today’s move was at least a little more encouraging.

The mortgage rate market seems to be finding its footing after a rough couple of weeks. We’re not seeing a major change in direction yet, but today was much quieter than last week.

TLDR: If you’re buying a home, I wouldn’t try to time the exact bottom in rates. Focus on finding the right house and a payment you’re comfortable with. Rates can always be watched and potentially refinanced later if things improve.

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link
^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Check mortgage rates right here on Reddit!

Happy Saturday all 😄

A lot of people saw the Fed rate hike this week (+.25%) and assumed mortgage rates got worse…. but that didn’t happen. 

The hike was expected and markets had already adjusted for it before the Fed even met. The bigger story, from the interview after the report, was the Fed hinting they may not be done yet.

Their message was pretty straightforward: inflation is still hanging around, the economy is still holding up, and they're keeping the door open for more hikes if needed.

That caused some midweek drama, but rates bounced back and finished the week pretty close to where they started.

Bottom line... despite all the headlines, this ended up being a pretty sideways week for mortgage rates. The market already knew the Fed was hiking. Now it's trying to figure out whether another hike is coming.

Quick Points:

• The Fed hike itself didn't move mortgage rates much
• Markets were more focused on what happens next
• The Fed still sounds serious about fighting inflation
• This week was a lot calmer than last week
• Oil prices may end up being the bigger rate driver in the near term 

TLDR: Rates are basically unchanged from a week ago. Next week, watch oil prices and inflation news. That's probably what moves rates more than anything else.

Check mortgage rates right here on Reddit!

Hi all -

Mortgage rates have been moving higher for a week now, reaching levels we haven't seen in quite a while. A lot of attention is on the Federal Reserve announcement coming up today but it's important to remember that mortgage rates don't always follow the Fed's next move the way people expect.

For buyers, higher rates can affect affordability/monthly payments. For homeowners thinking about refinancing, the recent increase may make it worth watching the market closely before making any decisions.

The market feels a bit on edge right now. Everyone is focused on what happens next, but sometimes the biggest moves come from how the market reacts afterward, not the announcement itself.

If you're shopping for a home or considering a refinance, make sure you're running updated payment scenarios. Small rate changes can have a bigger impact than most people realize.

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link

^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Check mortgage rates right here on Reddit!

Hi all -

One thing I'm watching right now other than mortgage rates, is home inventory. More homes are hitting the market, and buyers finally have more options/choices than they've had in years. At the same time, higher rates are keeping some buyers on the sidelines, which has slowed overall sales activity.

What it means for buyers and homeowners?... Bidding wars aren't as common in many areas, sellers may be more willing to negotiate, and buyers have a chance to be a little more selective instead of rushing into a decision. Home prices are still edging higher, but not nearly as fast as they were a few years ago.

This seems like a healthier market. It's not a buyer's market everywhere, but buyers have more leverage today than they've had in a long time.

TLDR: If you've been waiting for more inventory and less competition, this may be one of the better shopping environments we've seen in several years.

Hi all -

One thing I'm watching right now other than mortgage rates, is home inventory. More homes are hitting the market, and buyers finally have more options/choices than they've had in years. At the same time, higher rates are keeping some buyers on the sidelines, which has slowed overall sales activity.

What it means for buyers and homeowners?... Bidding wars aren't as common in many areas, sellers may be more willing to negotiate, and buyers have a chance to be a little more selective instead of rushing into a decision. Home prices are still edging higher, but not nearly as fast as they were a few years ago.

This seems like a healthier market. It's not a buyer's market everywhere, but buyers have more leverage today than they've had in a long time.

TLDR: If you've been waiting for more inventory and less competition, this may be one of the better shopping environments we've seen in several years.

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link

^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Check mortgage rates right here on Reddit!

Hi all, Happy Monday-

Pretty quiet start to the week for mortgage rates, but that could change quickly....

The big story is the Fed meeting on Wednesday. Markets are trying to figure out whether the Fed will raise rates again or signal a different path going forward. Until then we are in a holding pattern.

For home buyers, affordability is still a challenge with rates and home prices both staying elevated. For homeowners hoping to refinance, this probably isn't the week to expect a major drop in rates.

My take is this feels like one of those weeks where a lot can change from a single announcement. We may get more clarity in the next few days, but I'd expect some volatility before we get answers.

TLDR: If you're under contract and closing soon, keep a close eye on rates this week. If you're still house hunting, don't get too caught up in day-to-day moves. Focus on the payment that works for your budget.

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link

^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Check mortgage rates right here on Reddit!

Sooo.... mortgage rates just had their worst week in quite a while.... 

The biggest culprit/driver? Oil

 As oil prices climbed, investors got more worried about inflation hanging around longer than expected. That pushed bond yields higher, and mortgage rates followed right along.

There were a few moments where it looked like rates might catch a break, but those improvements didn't last long. By the end of the day today (Friday) rates were sitting at their highest levels since early 2025.

Quick takeaways:

• Oil prices were the main story.
• Inflation concerns picked back up.
• Bond markets sold off, pushing rates higher.
• The Fed meeting next week is now the big focus.

TLDR: Rates got worse this week. Next week will likely come down to what the Fed says, but oil prices and inflation data are still driving the bus.

Check mortgage rates right here on Reddit!

Hi all -

Today's mortgage market is fairly quiet, with rates holding near recent levels instead of making a big move in either direction.

The big story is what's coming later this week. New inflation reports are scheduled for release, and those numbers could have a much bigger impact on mortgage rates than anything we've seen so far this week.

My take: This feels like a wait-and-see week. If you're actively shopping for a home, don't be surprised if rates move more later this week once the new data is released.

Check mortgage rates right here on Reddit!

This week's market recap is an odd one.... honestly, the bigger story wasn't that rates hit a new high. It was that they didn't move much higher despite several reasons they could/(should?) have........

Oil prices jumped, the jobs report came in much stronger than expected, and mortgage rates still only edged up a bit

There was also some pushback from Fed Gov Waller, who basically said another rate hike isn't a lock if inflation continues cooling. Markets seemed to like hearing that.....

• Rates are sitting at the highest levels since June 2025.
• Inflation and oil prices are still the biggest concerns.
• The bond market showed more resilience than expected this week.
• Next week's inflation data is likely the big driver for where rates go next.

Soooo.... rates are worse than they were a few weeks ago, but the market isn't acting like a major spike higher is a forgone conclusion

TLDR: Rates are slightly worse right now, but mostly unchanged over the past few days. Next week's inflation reports will likely determine whether rates improve a bit or move back toward recent highs.

Check mortgage rates right here on Reddit!

Hi all 😄

Thought rates were going to have a pretty boring week... then Fed Chair Kevin Warsh spoke on Friday and changed everything.

Markets heard him say the economy is still strong, jobs are holding up, and inflation is still a concern. This means the Fed isn't in a rush to cut rates.

That sent bonds lower and mortgage rates higher.

A few quick takeaways:

• Rates hit their highest level in a little over 3 weeks.
• Lower oil prices helped rates earlier in the week.
• Inflation data wasn't terrible, but wasn't good enough to help rates much.
• Warsh's comments were the main reason rates jumped Friday.
• Next Friday's jobs report is the big thing to watch.

Bottom line... rates got a little worse this week after the Fed's latest comments. Next week's jobs report could help rates improve if it's weaker than expected, but strong economic data could keep pressure on rates.

Check mortgage rates right here on Reddit!

Hi all! 

I’m a federally licensed Mortgage Loan Officer with Alliant Credit Union, lending nationwide with competitive online rates. I’ve been in mortgage lending for 20 years and help people make sense of one of the biggest financial decisions they’ll face. 

You’re working directly with a credit union lender, not a broker, but I shop rates like one. In addition to Alliant, I work with multiple investors to make sure you’re getting the best deal possible, including Pennymac, Mr. Cooper, U.S. Bank, Chase, AmeriHome, Freedom Mortgage, and Truist, plus access to Fannie Mae and Freddie Mac direct programs.

If you’re checking rates or weighing options, just drop a few details from the table below and I’ll send back a quick, personalized scenario. No cost, no pressure.

I usually respond within 24 hours. Your info is only used to build your scenario, and if you have questions at any point, just ask. Happy to help.

RATES CHANGE DAILY - RATES GO LIVE AT 10a CST

• All scenarios are based on:
• 30 day lock
• Payments are principal and interest only (tax, insurance, PMI not included)
• Lender Fees
  • $950 Conventional & FHA
  • $0 VA

^(Purpose)	^(General)	^(Loan Type)	^(Loan Term)	^(Property Type)	^(Property Use)
^(Purchase)	^(Property Value)	^(Conventional)	^(30-Year Fixed)	^(Single-Family)	^(Primary Residence)
^(No Cash-Out Refi)	^(Loan Amount)	^(FHA)	^(20-Year Fixed)	^(Multi-Family / max 4 units)	^(Second Home)
^(Cash-Out Refi)	^(Credit Score)	^(VA)	^(15-Year Fixed)	^(Townhouse)	^(Investment Property)
	^(Zip Code)	^(Jumbo)	^(5/7/10 ARM)	^(Manufactured)
		^(Physician)		^(Condo / # of stories)

Example of how to format your request:

• Purchase - $400k - $320k - 720 fico - 90210 - Physician- 30 Fixed - Single Family - Primary
  • [Purchase Price] - [Loan Amount] - [Credit Score] - [Zip Code] - [Program] - [Term] - [Occupancy]
• Refinance - $400k - $320k - 720 fico - 90210 - Conv - 30 Fixed - Single Family - Primary
  • [Home Value] - [Loan Amount] - [Credit Score] - [Zip Code] - [Program/Cash Out?] - [Term] - [Occupancy]

Common Questions:

• Lender credit = money from us, to you to reduce your closing costs
• Points = Cost to purchase rate
• Payment = Principal and Interest mortgage payment (monthly)

Unique Loan Programs:

• Doctor/Physician (No PMI)
• Non-Conforming/Jumbo (No PMI)
• $0 Down First Time Homebuyer
• Nurses/Medical Professional Loan Program

^(Important Mortgage Rules, Regulations & Disclosures:)
^(For Illustration Only - Not a Rate Quote or Offer to Lend - Rates and terms are subject to change)
^(Disclosures: APR equals Annual Percentage Rate. Rates and terms may change without notice. This is not a commitment to lend. Membership eligibility required. All loans are subject to credit approval and underwriting. Actual rate, APR, and costs vary based on credit, income, property type, and individual loan factors. Lending in all 50 States Excluding Maryland. No subordinate financing.)
^(Home Loan Disclosures)
^(Fixed Rate Mortgage Disclosure)
^(Adjustable Rate Mortgage / ARM Disclosure)
^(Social Media Guidelines and Disclosures)
^(Disclosure Library)

Collin Donahue | NMLS 236801
Alliant Credit Union | NMLS 197185
Contact Me & Apply Now Link

^(⌂ Equal Housing Lender | Federally Insured by NCUA)

Be cautious of unsolicited private messages from ‘lenders’ or ‘brokers.’ Do not share personal information through Reddit DMs, and please report spam/scam messages to Reddit.

Hi all, Happy Saturday!

Honestly.... the market made a much bigger deal out of Wednesday's Treasury announcement than it probably deserved.

The real story was still oil & the middle east

Rising tensions involving Iran pushed oil prices higher early in the week, which put pressure on bonds and mortgage rates. Then on Wednesday, Treasury announced changes to its bond buyback program, and long-term bond yields dropped quickly.

For a minute, it looked like great news for rates........

But it wasn't some massive rate-cutting move. It was more of a one-time market adjustment that helped long-term Treasuries more than mortgage rates.

By Thursday, the market had pretty much moved on and went right back to focusing on higher oil prices and other factors pushing rates upward.

A few quick takeaways:

• Oil was the biggest driver of rate movement this week.
• Wednesday's Treasury news helped, but not nearly as much as the headlines suggested.
• Mortgage rates ended the week slightly higher, moving from about 6.69% to 6.77%.

Bottom line... rates were a little worse this week. Next week's economic data and the Jackson Hole conference are much more likely to move rates than anything investors spent time talking about this week.

Check mortgage rates for your scenario right here on Reddit!