Today's mortgage update covers why mortgage rates are rising again, how global events are impacting the housing market, and what today's buyers should do if they're thinking about purchasing a home. I explain why current rates—around 6.75% for well-qualified borrowers—are still close to historical averages and why waiting for lower…
Buying a home in today's competitive real estate market can feel overwhelming—but it doesn't have to be. In this episode of the Mortgages Made Easy Podcast, mortgage expert Dave sits down with top-producing New Jersey Realtor, Sonia Margalef, recognized among the Top 1.5% of Realtors in the United States, to…
Mortgage rates are on the rise again, leaving many homebuyers wondering: Should you buy now or wait for rates to come down? This mortgage market update explains why global uncertainty is pushing mortgage rates higher, how the bond market is reacting, and what that means if you're planning to buy…
Buying a home in today's competitive market? 🏡 Learn how to handle a bidding war without overpaying or making an emotional decision This video shares practical strategies for winning a bidding war while staying financially responsible. You'll learn why affordability is about more than just the purchase price, how to…
Buying a home in today's competitive real estate market can feel overwhelming—but it doesn't have to be. In this episode of the Mortgages Made Easy Podcast, mortgage expert Dave sits down with top-producing New Jersey Realtor, Sonia Margalef, recognized among the Top 1.5% of Realtors in the United States, to…
Mortgage rates are moving again—and global events may be a big reason why. This week's market update explains how rising tensions in the Middle East are impacting mortgage rates, what homebuyers should consider right now, and why locking your rate early could help protect you in a volatile market. You'll…
Are you buying a home and wondering whether your FICO® Score or VantageScore® matters more? This Summit Minute explains what VantageScore is, how it compares to traditional FICO credit scores, and why it could make a difference for first-time homebuyers or borrowers with limited credit history. Your credit score can…
With rates remaining relatively stable at slightly below 6.5%, let's take a moment to celebrate America's 250th birthday, highlighting the importance of unity, opportunity, and leaving a lasting legacy for future generations. If you're thinking about buying a home, refinancing, or simply staying informed on the mortgage market, subscribe for…
Mortgage rates are continuing to improve, with rates dropping about 0.125% this week and now falling below 6.5% in many markets. In this week's RateWatch, I explain what these lower rates could mean for homebuyers and homeowners. I also discuss one of the biggest challenges in today's housing market: buying…
Many homebuyers expected mortgage interest rates to fall after tensions surrounding the Iran conflict eased—but that's not exactly what happened. This video explains why rates have remained relatively stable despite expectations of a larger decline. Learn how inflation, market uncertainty, and housing demand are influencing today's mortgage rates and what…
Going through a divorce can be emotionally and financially overwhelming. One of the biggest decisions couples face is what happens to the marital home. In this Summit Minute, I explain why it's critical to understand your financial situation before agreeing to keep the house as part of a divorce settlement.…
Mortgage rates moved higher this week following a stronger-than-expected employment report. This market update explains how robust job growth affects Federal Reserve policy, mortgage-backed securities, and ultimately home loan rates. Learn why Wall Street reacted negatively to positive employment data, what a 10-basis-point increase in mortgage rates means for buyers,…
Are you planning to buy a home? A limited-time mortgage program could help lower your monthly payment during your first year of homeownership. In this video, I explain the 1-0 Buydown program, which temporarily reduces your mortgage interest rate by 1% for the first year—at no cost to qualified homebuyers…
Mortgage rates are moving in the right direction! In this week's Rate Watch update, I discuss the latest mortgage rate trends, explains why rates have improved, and answers one of the biggest questions facing homebuyers today: Should you buy now or wait? I share insights on current mortgage rates, home…
Are mortgage rates going back to 7%? And should you buy a home now or wait? In this episode of Rate Watch, we explain how the Iran war, bond market volatility, and economic uncertainty are impacting mortgage interest rates and the housing market in 2026. Topics covered in this video:…
Mortgage rates are volatile… but this could still be your best window to buy. 👀 Breaking down week 8 of the Iran war, current mortgage interest rates, and why now may still be a smart time to buy a home. Rates are hovering just above 6%, and buyers could see…
Mortgage rates have been on a rollercoaster—but are things finally calming down? In this week’s Rate Watch, Dave Steinberg breaks down what’s happening with mortgage rates amid global uncertainty and market turbulence. After climbing from below 6% to as high as 6.5%+, rates are now starting to stabilize and move…
Are you making the biggest mistake homebuyers face in today’s competitive housing market? In this video, mortgage expert Dave Steinberg explains why starting your home search before getting pre-approved can cost you your dream home. Learn the critical difference between mortgage pre-approval and pre-qualification, and why being fully prepared gives…
Thinking about buying a home in 2026? With mortgage rates rising by 0.375%–0.5%, many buyers are wondering if now is the right time to make an offer. In this episode of Rate Watch we break down the current housing market, interest rate trends, and what it means for home buyers.…
Are you a first-time homebuyer in New York? There are powerful mortgage programs that could help you get lower interest rates, reduce closing costs, and make buying your first home more affordable. In this video, mortgage expert Dave Steinberg explains several first-time homebuyer programs available in New York City, Nassau,…
Buying your first home in 2026? Many first-time homebuyers enter the market unprepared — and that can lead to expensive mistakes. In this episode of the Summit Minute, mortgage expert Dave Steinberg shares the biggest home buying mistakes to avoid and how to prepare financially before you start house hunting.…
Are mortgage rates going down? 🤔 You may have seen headlines saying rates are dropping — but what’s really happening? In this week’s Rate Watch update, we break down: The truth about current mortgage rate trends Why headlines can be misleading Where rates are sitting right now (mid-6% range) Why…
Are you a first-time home buyer wondering how the mortgage process really works? In this episode of the Mortgages Made Easy podcast, Dave Steinberg (New York) and Candy Williams (Texas) break down everything you need to know before buying your first home. We cover: ✔️ Pre-qualification vs pre-approval – what’s…
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding - 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)…
