May Mortgage Market Update: New Fed Chair Signals a Shift Toward Lower Rates

Market Insight:

The mortgage and housing industry is closely watching new Fed Chair Kevin Warsh, who is widely viewed as more supportive of lower interest rates over the long term which has created optimism across the market.

Current expectations are that any meaningful improvement in mortgage rates would likely occur gradually this year, depending on inflation trends and overall economic conditions.  

Why GuardHill?

GuardHill specializes exclusively in residential mortgage financing. Headquartered in New York City, GuardHill has built a national reputation for delivering a seamless, efficient, and highly personalized mortgage experience tailored to the unique needs of each borrower. Combining boutique-level service with the resources and expertise of a leading mortgage lender, GuardHill offers competitive rates, strategic financing solutions, and hands-on guidance from application through closing. With a commitment to responsiveness, transparency, and white-glove service, GuardHill has become a trusted lending partner for homebuyers, homeowners, and real estate professionals across the country.   

Looking Ahead

•  Mortgage rates are expected to remain somewhat volatile in the near term as markets continue to react to inflation data and bond market activity.
• The industry is closely watching new Fed Chair Kevin Warsh, who is viewed as more favorable toward lower interest rates over the long term, though meaningful rate improvements are expected to occur gradually.
• Housing inventory continues to improve modestly as more sellers enter the market.
•  Buyer activity is expected to strengthen as we move further into the spring and summer markets.

We’re Here to Help

Whether you’re purchasing a home, refinancing, or advising clients, our team is here to help navigate today’s market. At GuardHill, we focus on building lasting relationships by providing the right combination of service, products, pricing, and a streamlined lending process—supported by flexible lending options and fast approvals.

Some Samples of our Recent Closings:

• $3,000,000 – Naples, FL. Cash-Out of a primary departing residence that will be used as an investment property, using assets to qualify instead of tax returns.
• $2,000,000 – Sharon, CT. Cash-Out refinance of a primary residence while ALSO lowering the borrower’s existing rate. Full Doc. 
• $1,300,000 – Brooklyn, NY. Purchase of a primary residence condominium vested in a privacy trust. 
• $1,300,000 – Brooklyn, NY. Rate and term refinance consolidating two mortgage loans using business bank statements to qualify instead of tax returns. 
• $800,000 – New York, NY. Delayed financing of a recent all cash purchase of an investment co-op using existing assets to qualify instead of tax returns.