Mortgage Rates Cool Slightly After June Spike

After creeping upward in June, mortgage rates showed signs of stabilizing in early July. Markets are closely watching tariffs, inflation, and job reports as the Fed continues to signal a patient approach to future rate cuts.

Loan Volume & Buyer Activity

Summer typically brings more purchase activity, and this year is no different — though inventory remains tight, especially in urban and luxury markets. We’re seeing:

• Increased demand for second homes and investment properties
• More creative financing (ARMs, interest-only, alternative documentation loans)
• Continued strong activity in co-op and condo segments in NYC

Financing Challenges in Condos & Co-ops

More condos and co-ops are falling outside Fannie Mae’s warrantability standards due to litigation, reserves, or occupancy levels. We continue to specialize in:

• Non-warrantable condos
• Cooperative apartment financing
• Flexible and niche lending for unique properties

We help navigate these challenges with flexible lending options and fast approvals.

We’re Here to Help

Whether you’re buying, refinancing, or advising clients, we’re happy to provide guidance on the best options for today’s market.

GuardHill focuses on building relationships throughout the industry by offering the best combination of service, products, price and ease of process.

Ready to get started?

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

Best, Keith