Delmar Mortgage

Experience the Delmar Difference. Did you know Delmar Mortgage is licensed in 42 states and growing? https://lnkd.in/gWPMbxDG 🏡 This is for information purposes only and is not an offer to extend customer credit as defined by Section 12 CFR 1026.2 Regulation Z. Program rates, terms and conditions are subject to change at any time. For more licensing information, please visit the NMLS Consumer Access page https://lnkd.in/ewUsgYX. © 2025 Delmar Mortgage (NMLS# 30998) #mortgage #homeloans #renovationloans #refinanceloans #mortgageloans

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗠𝗮𝘆 𝟮, 𝟮𝟬𝟮𝟱 This week, 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗿𝗮𝘁𝗲𝘀 𝘀𝗹𝗶𝗴𝗵𝘁𝗹𝘆 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 and have been more stable, thanks in part to a drop in the 10-year Treasury yield (𝗳𝗿𝗼𝗺 𝟰.𝟮𝟴% 𝘁𝗼 𝟰.𝟮𝟭%). Investors are closely watching several economic reports, especially job-related ones, to see how the economy is holding up. 𝙺̲𝚎̲𝚢̲ ̲𝚙̲𝚘̲𝚒̲𝚗̲𝚝̲𝚜̲:̲ 𝗝𝗼𝗯 𝗠𝗮𝗿𝗸𝗲𝘁: A recent report showed private employers only added 62,000 jobs in April — far fewer than expected. Unemployment claims also rose, suggesting some softening in the job market. 𝗘𝗰𝗼𝗻𝗼𝗺𝘆: The U.S. economy shrank slightly in the first quarter (𝗱𝗼𝘄𝗻 𝟬.𝟯%), mostly due to a surge in imports ahead of new tariffs. This may not reflect actual economic weakness. 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻: Core inflation has cooled slightly to 𝟮.𝟲%, and personal income and home sales were better than expected. 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴: Factory activity is slowing, with signs of weaker demand and fewer new orders. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗮𝗰𝘁𝗶𝗼𝗻: Despite some negative data, markets moved higher this week due to easing trade tensions and hope that interest rate hikes may pause soon. 𝗝𝗼𝗯𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: April saw 𝟭𝟳𝟳,𝟬𝟬𝟬 𝗻𝗲𝘄 𝗷𝗼𝗯𝘀 added — a bit less than March but better than forecasts. The unemployment rate stayed 𝘀𝘁𝗲𝗮𝗱𝘆 𝗮𝘁 𝟰.𝟮%. 𝗧𝗿𝗮𝗱𝗲: U.S.-China tensions continue, with both sides imposing steep tariffs, though there’s cautious optimism about possible negotiations.    Next week is light on new data, but attention is on the Federal Reserve’s May 6–7 meeting for any clues on future interest rate changes. 𝙽̲𝚘̲𝚝̲𝚊̲𝚋̲𝚕̲𝚎̲𝚜̲:̲ Redfin reports monthly housing costs hit all-time high amid economic uncertainty, keeping buyers on the sidelines. The end of a moratorium on foreclosures for Veterans Affairs-guaranteed mortgages helped drive property auction activity to its highest point in six quarters, Auction.com reported. Five years after the start of the Covid-19 pandemic, U.S. cities are still struggling to avoid commercial real-estate doom loops that have claimed areas such as downtown St. Louis . __________ This is for information purposes only and is not an offer to extend customer credit as defined by Section 12 CFR 1026.2 Regulation Z. Program rates, terms and conditions are subject to change at any time. For more licensing information, please visit the NMLS Consumer Access page https://lnkd.in/ewUsgYX. © 2025 Delmar Mortgage (NMLS# 30998) #weeklyupdate #capitalmarkets #marketupdate #mortgagelender #loanofficer #mortgagebroker #mortgagebranchmanage

“59 years ago today, Delmar Mortgage, then Delmar Financial, was founded by my grandfather, Saul Mirowitz, and his brother Carl. We’re very proud to be serving our customers in 42 states [and growing] since that date. It’s the people who make a company, and we truly have the best of the best here!” -Matt Levison, President, Delmar Mortgage #workanniversary #mortgagelending #delmardifference #foundersday This is for information purposes only and is not an offer to extend customer credit as defined by Section 12 CFR 1026.2 Regulation Z. Program rates, terms and conditions are subject to change at any time. For more licensing information, please visit the NMLS Consumer Access page https://lnkd.in/ewUsgYX. © 2025 Delmar Mortgage (NMLS# 30998)

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗔𝗽𝗿𝗶𝗹 𝟮𝟱, 𝟮𝟬𝟮𝟱 Treasury Yields have dipped slightly in the 17th week of 2025, starting at 𝟰.𝟰𝟬𝟯% and now around 𝟰.𝟮𝟱𝟱%, signaling a bit less pressure on interest rates. This week we saw tensions between the White House and the Federal Reserve stirred uncertainty after Fed Chair Jerome Powell warned that tariffs could make it harder to manage inflation. The White House pushed back, but things calmed after President Trump said he wouldn’t replace Powell. Trade Outlook is improving, with the Treasury Secretary noting easing tensions with China—a positive sign for the economy. 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗼𝘄𝗲𝗱 𝗺𝗶𝘅𝗲𝗱 𝘀𝗶𝗴𝗻𝗮𝗹𝘀: o New home sales 𝗷𝘂𝗺𝗽𝗲𝗱 𝟳% in March (724,000 annual pace), beating expectations. o Existing home sales are 𝗱𝗼𝘄𝗻 𝟮% from last year, though inventory is up, giving buyers more options. 𝗚𝗹𝗼𝗯𝗮𝗹 & 𝗨.𝗦. 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: Global service sector growth is slowing slightly, but U.S. service businesses are starting to rebound after earlier drops due to tariffs and budget cuts. Durable goods orders 𝗿𝗼𝘀𝗲 𝗼𝘃𝗲𝗿 𝟵% in March, but markets didn’t take it as a sign of stronger economic momentum. 𝗝𝗼𝗯𝘀 & 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲: o Jobless claims met expectations, with fewer people staying on unemployment. o Consumer confidence r𝗼𝘀𝗲 𝘁𝗼 𝟱𝟮.𝟮 (better than the expected 50.0) but remains the lowest since June 2022. o People are feeling less optimistic about the economy overall. 𝗪𝗵𝗮𝘁’𝘀 𝗡𝗲𝘅𝘁: Next week’s job reports will be key, with updates on hiring, job openings, unemployment claims, and the jobless rate. 𝙽̲𝚘̲𝚝̲𝚊̲𝚋̲𝚕̲𝚎̲𝚜̲:̲ Sales of new homes in the US jumped last month on a welcome dip in mortgage rates and ongoing sales incentives to kick off the crucial spring selling season. Even buildings with low vacancy rates and steady rental incomes are feeling the sting of a fickle economy. About 100 seemingly healthy office properties backed by CMBS loans are in some stage of distress, the Commercial Observer reported. The housing market has become more volatile over the last few months, raising fresh concerns about where the bottom is, especially after President Trump's announcement on tariffs in early April. #weeklyupdate #capitalmarkets #marketupdate

Experience the Delmar Difference.

Eco-friendly home upgrades can increase property value and reduce utility bills. On Earth Day 2025, we’re encouraging smart financing that supports sustainability—through renovation loans, refinancing options, or energy-efficient improvements. Let’s talk about how you can invest in a greener future. Contact your Delmar Mortgage Loan Officer today. Need a Loan Officer? We are licensed in 42 states and growing. Start here: https://lnkd.in/gPSyEwVv #delmardifference #renovation #renovationloans #refinancing #mortgageloans

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 - 𝗔𝗽𝗿𝗶𝗹 𝟭𝟴, 𝟮𝟬𝟮𝟱 𝘔𝘰𝘳𝘵𝘨𝘢𝘨𝘦-𝘣𝘢𝘤𝘬𝘦𝘥 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 (𝘸𝘩𝘪𝘤𝘩 𝘩𝘦𝘭𝘱 𝘥𝘦𝘵𝘦𝘳𝘮𝘪𝘯𝘦 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦 𝘳𝘢𝘵𝘦𝘴) 𝘴𝘵𝘢𝘳𝘵𝘦𝘥 𝘵𝘩𝘦 𝘸𝘦𝘦𝘬 𝘢𝘵 4.45% 𝘢𝘯𝘥 𝘦𝘯𝘥𝘦𝘥 𝘭𝘰𝘸𝘦𝘳 𝘢𝘵 4.28% 𝘣𝘺 𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺. 𝘔𝘢𝘳𝘬𝘦𝘵𝘴 𝘤𝘭𝘰𝘴𝘦𝘥 𝘦𝘢𝘳𝘭𝘺 𝘰𝘯 𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺 𝘢𝘯𝘥 𝘸𝘦𝘳𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘦𝘭𝘺 𝘤𝘭𝘰𝘴𝘦𝘥 𝘰𝘯 𝘍𝘳𝘪𝘥𝘢𝘺 𝘧𝘰𝘳 𝘎𝘰𝘰𝘥 𝘍𝘳𝘪𝘥𝘢𝘺. 𝘖𝘷𝘦𝘳𝘢𝘭𝘭, 𝘪𝘵 𝘸𝘢𝘴 𝘢 𝘤𝘢𝘭𝘮𝘦𝘳 𝘸𝘦𝘦𝘬 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘮𝘢𝘳𝘬𝘦𝘵𝘴, 𝘸𝘪𝘵𝘩 𝘧𝘦𝘸𝘦𝘳 𝘣𝘪𝘨 𝘴𝘸𝘪𝘯𝘨𝘴 𝘪𝘯 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘢𝘵𝘦𝘴—𝘢 𝘸𝘦𝘭𝘤𝘰𝘮𝘦 𝘤𝘩𝘢𝘯𝘨𝘦 𝘧𝘰𝘳 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴. 𝘖𝘷𝘦𝘳 𝘵𝘩𝘦 𝘸𝘦𝘦𝘬𝘦𝘯𝘥, 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵 𝘛𝘳𝘶𝘮𝘱 𝘴𝘢𝘪𝘥 𝘩𝘦 𝘸𝘰𝘯’𝘵 𝘣𝘦 𝘢𝘥𝘥𝘪𝘯𝘨 𝘯𝘦𝘸 𝘵𝘢𝘳𝘪𝘧𝘧𝘴 𝘵𝘰 𝘵𝘩𝘪𝘯𝘨𝘴 𝘭𝘪𝘬𝘦 𝘴𝘮𝘢𝘳𝘵𝘱𝘩𝘰𝘯𝘦𝘴, 𝘤𝘰𝘮𝘱𝘶𝘵𝘦𝘳𝘴, 𝘢𝘯𝘥 𝘦𝘭𝘦𝘤𝘵𝘳𝘰𝘯𝘪𝘤𝘴 𝘫𝘶𝘴𝘵 𝘺𝘦𝘵. 𝘏𝘦 𝘸𝘢𝘯𝘵𝘴 𝘵𝘰 𝘨𝘪𝘷𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘵𝘪𝘮𝘦 𝘵𝘰 𝘴𝘩𝘪𝘧𝘵 𝘮𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘪𝘯𝘨 𝘣𝘢𝘤𝘬 𝘵𝘰 𝘵𝘩𝘦 𝘜.𝘚. 𝘐𝘮𝘱𝘰𝘳𝘵 𝘱𝘳𝘪𝘤𝘦𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘜.𝘚. 𝘧𝘦𝘭𝘭 𝘴𝘭𝘪𝘨𝘩𝘵𝘭𝘺 𝘪𝘯 𝘔𝘢𝘳𝘤𝘩, 𝘮𝘢𝘪𝘯𝘭𝘺 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝗳𝘂𝗲𝗹 𝗰𝗼𝘀𝘁𝘀 𝗱𝗿𝗼𝗽𝗽𝗲𝗱. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘵𝘩𝘦 𝘧𝘪𝘳𝘴𝘵 𝘵𝘪𝘮𝘦 𝘸𝘦’𝘷𝘦 𝘴𝘦𝘦𝘯 𝘱𝘳𝘪𝘤𝘦𝘴 𝘥𝘪𝘱 𝘪𝘯 𝘴𝘦𝘷𝘦𝘳𝘢𝘭 𝘮𝘰𝘯𝘵𝘩𝘴. 𝘈 𝘳𝘦𝘱𝘰𝘳𝘵 𝘰𝘯 𝘮𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘪𝘯𝘨 𝘢𝘤𝘵𝘪𝘷𝘪𝘵𝘺 𝘪𝘯 𝘕𝘦𝘸 𝘠𝘰𝘳𝘬 𝘴𝘩𝘰𝘸𝘦𝘥 𝘵𝘩𝘢𝘵 𝘵𝘩𝘪𝘯𝘨𝘴 𝘢𝘳𝘦 𝘴𝘭𝘰𝘸𝘪𝘯𝘨 𝘥𝘰𝘸𝘯, 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘰𝘶𝘵𝘭𝘰𝘰𝘬 𝘪𝘴𝘯’𝘵 𝘨𝘳𝘦𝘢𝘵. 𝗥𝗲𝘁𝗮𝗶𝗹 𝘀𝗮𝗹𝗲𝘀 𝘄𝗲𝗿𝗲 𝘂𝗽 𝟭.𝟰% 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘳𝘦𝘷𝘪𝘰𝘶𝘴 𝘮𝘰𝘯𝘵𝘩, 𝘴𝘩𝘰𝘸𝘪𝘯𝘨 𝘵𝘩𝘢𝘵 𝘱𝘦𝘰𝘱𝘭𝘦 𝘢𝘳𝘦 𝘴𝘵𝘪𝘭𝘭 𝘴𝘱𝘦𝘯𝘥𝘪𝘯𝘨. 𝘞𝘪𝘵𝘩𝘰𝘶𝘵 𝘢𝘶𝘵𝘰 𝘴𝘢𝘭𝘦𝘴, 𝘵𝘩𝘦 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦 𝘸𝘢𝘴 𝘢 𝘮𝘰𝘳𝘦 𝘮𝘰𝘥𝘦𝘴𝘵 0.3%. 𝘛𝘩𝘦 𝘫𝘰𝘣 𝘮𝘢𝘳𝘬𝘦𝘵 𝘳𝘦𝘮𝘢𝘪𝘯𝘴 𝘴𝘰𝘭𝘪𝘥—𝘧𝘦𝘸𝘦𝘳 𝘱𝘦𝘰𝘱𝘭𝘦 𝘧𝘪𝘭𝘦𝘥 𝘧𝘰𝘳 𝘶𝘯𝘦𝘮𝘱𝘭𝘰𝘺𝘮𝘦𝘯𝘵 𝘵𝘩𝘢𝘯 𝘦𝘹𝘱𝘦𝘤𝘵𝘦𝘥. 𝘏𝘰𝘸𝘦𝘷𝘦𝘳, 𝘵𝘩𝘦 𝘯𝘶𝘮𝘣𝘦𝘳 𝘰𝘧 𝘱𝘦𝘰𝘱𝘭𝘦 𝘸𝘩𝘰 𝘢𝘳𝘦 𝘴𝘵𝘪𝘭𝘭 𝘳𝘦𝘤𝘦𝘪𝘷𝘪𝘯𝘨 𝘶𝘯𝘦𝘮𝘱𝘭𝘰𝘺𝘮𝘦𝘯𝘵 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘴 𝘵𝘪𝘤𝘬𝘦𝘥 𝘶𝘱 𝘴𝘭𝘪𝘨𝘩𝘵𝘭𝘺. 𝘐𝘯 𝘩𝘰𝘶𝘴𝘪𝘯𝘨 𝘯𝘦𝘸𝘴, 𝘯𝘦𝘸 𝘩𝘰𝘮𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘰𝘯 𝗱𝗿𝗼𝗽𝗽𝗲𝗱 𝟭𝟭.𝟰% 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵, 𝘩𝘪𝘵𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘭𝘰𝘸𝘦𝘴𝘵 𝘭𝘦𝘷𝘦𝘭 𝘪𝘯 𝘧𝘰𝘶𝘳 𝘮𝘰𝘯𝘵𝘩𝘴. 𝘏𝘪𝘨𝘩 𝘤𝘰𝘴𝘵𝘴 𝘢𝘯𝘥 𝘸𝘦𝘢𝘬𝘦𝘳 𝘥𝘦𝘮𝘢𝘯𝘥 𝘢𝘳𝘦 𝘮𝘢𝘬𝘪𝘯𝘨 𝘪𝘵 𝘵𝘰𝘶𝘨𝘩𝘦𝘳 𝘧𝘰𝘳 𝘣𝘶𝘪𝘭𝘥𝘦𝘳𝘴 𝘵𝘰 𝘴𝘵𝘢𝘳𝘵 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴. 𝘖𝘯 𝘢 𝘣𝘳𝘪𝘨𝘩𝘵𝘦𝘳 𝘯𝘰𝘵𝘦, 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘱𝘦𝘳𝘮𝘪𝘵𝘴—𝘸𝘩𝘪𝘤𝘩 𝘴𝘪𝘨𝘯𝘢𝘭 𝘧𝘶𝘵𝘶𝘳𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘰𝘯—𝘸𝘦𝘳𝘦 𝘴𝘭𝘪𝘨𝘩𝘵𝘭𝘺 𝘩𝘪𝘨𝘩𝘦𝘳 𝘵𝘩𝘢𝘯 𝘦𝘹𝘱𝘦𝘤𝘵𝘦𝘥. 𝘓𝘰𝘰𝘬𝘪𝘯𝘨 𝘢𝘩𝘦𝘢𝘥, 𝘯𝘦𝘹𝘵 𝘸𝘦𝘦𝘬 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘲𝘶𝘪𝘦𝘵𝘦𝘳, 𝘸𝘪𝘵𝘩 𝘢 𝘧𝘦𝘸 𝘳𝘦𝘱𝘰𝘳𝘵𝘴 𝘤𝘰𝘮𝘪𝘯𝘨 𝘰𝘶𝘵 𝘰𝘯 𝘯𝘦𝘸 𝘩𝘰𝘮𝘦 𝘴𝘢𝘭𝘦𝘴, 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳 𝘤𝘰𝘯𝘧𝘪𝘥𝘦𝘯𝘤𝘦, 𝘢𝘯𝘥 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘢𝘤𝘵𝘪𝘷𝘪𝘵𝘺. #weeklyupdate #capitalmarkets #delmarmortgage #delmardifference

This past weekend, our amazing team laced up their shoes and hit the pavement for the Friends of Kids with Cancer Walk/Run in St. Louis! 💙🏃♀️🏃♂️ Supporting our community and the causes that matter most to our team members is a big part of who we are at Delmar Mortgage. Take a look! #DelmarDifference #CommunityDriven #InYourCorner #WalkwithaFriend

Congratulations to Kelly Hendricks, who was selected from this month's Peer-to-Peer recognitions to choose our Charity of the Month! Kelly chose Spare Key. Why? Read on! "I wanted to take a moment to share a bit about why we’ve chosen to support Spare Key, a nonprofit organization whose mission resonates deeply with what we do every day in the mortgage industry.   Spare Key provides critical financial assistance to families facing medical crises. Their goal is simple but powerful: to help families “Bounce and Not Break” during some of the most difficult moments in their lives. Through their Help Me Bounce platform, they help cover essential living expenses—housing, utilities, transportation—so that families can stay in their homes even as they face significant medical hardships.   As a company that works to make homeownership possible and sustainable, this mission aligns perfectly with our values. Our business is about more than closing loans—it’s about helping people build stability, security, and a future. Supporting Spare Key is another way we can help families stay in their homes when life takes an unexpected turn." Thank you for all you do! Delmar Mortgage donates and matches donations made by our employees to the selected charity of the month. #charityofthemonth #delmardifference #sparekey #homeownership

Congratulations to IHDA award recipients, Jason Ashford, Loan Officer at Delmar Mortgage, and our Delmar Mortgage O'Fallon, IL office! Well deserved! #delmardifference #toploanofficers #toplenders #IHDA