October Mortgage Report

October 2025

As we enter October, the housing market faces a new layer of uncertainty and opportunity: the current federal government shutdown and the upcoming Fed meeting. While homebuyers and homeowners may feel nervous, it’s important to understand what this means for mortgage rates and the housing market.

October Mortgage Report

• The Fed relies heavily on government data to set policy.
• During a government shutdown, key economic reports and data are delayed or unavailable.
• The fed meeting in October will be closely watched. If they signal more cuts that might pull mortgage rates down further.

Fall Housing Trends

• Buyers: With fewer competitors in the fall market and sellers more willing to negotiate, October can be a great time to purchase.
• Sellers: Pricing realistically helps attract qualified buyers in a market slowed by uncertainty.
• Homeowners: If you’re carrying higher-interest debt, a rate & term refinance or a cash-out refinance could put you in a stronger financial position heading into year-end.

Mortgage Tip of the Month

Stay proactive during uncertain times. If you’re in the middle of a transaction:

• Lock your rate; Rates are volatile, waiting might backfire.
• Get pre-approved NOW; You’ll be ready to act quickly if rates dip further.
• Consider shorter terms or adjustable rates mortgages; If you plan to sell or refinance within a few years, an ARM or shorter – term loan will lower payments.

We’re Here to Help

Whether you’re buying, refinancing, or advising clients, we can guide you toward the best options for today’s market. At GuardHill, we focus on building strong relationships by offering the best combination of service, products, price, and ease of process—backed by flexible lending options and fast approvals.

Some Samples of our Recent Closings:

• $3,000,000 – Los Angeles, CA. Purchase of a primary residence using business bank statements to qualify vested in an LLC.
• $2,500,000 – New York, NY. Purchase of a new construction condo, using business bank statements to qualify.
• $2,000,000 – Brooklyn, NY. Purchase of a primary residence co-op using assets to qualify instead of income
• $1,000,000 – Barnstable, MA. Cash-Out of a primary residence closed as Interest-Only.
• $500,000 – New York, NY. Purchase of an investment condo qualified using only rental income.

Ready to get started?

Reach out to me today for personalized advice and for a pre-approval.

Best, Keith