Rental History Could Help Your Buyers Get A Mortgage
Working with buyers who don’t have much credit history? Our Loan Lift program can help turn their rent payments into a powerful path to homeownership. By factoring in on-time rent history, we can help qualified clients get approved — even if they don’t have a traditional credit score.
This opens doors for first-time buyers, younger clients, and those who’ve been renting long-term but haven’t built credit. It’s a smart way to expand your client base and keep more deals on track.
Want to know who qualifies and how to get started? Let’s connect.
Mortgage rates ticked slightly higher this week, ending a five-week streak of declines. While the increase wasn’t dramatic, it was enough to push some buyers off the sidelines as they look to lock in before rates climb further. The upward movement was largely driven by stronger-than-expected employment data and a rise in Treasury yields.
Markets were relatively steady coming out of the holiday weekend, but a few key developments shaped the outlook. Fed Chair Jerome Powell maintained a neutral stance, pushing back against growing political pressure to cut rates ahead of the election cycle. Despite speculation, the Fed remains focused on inflation control and economic stability, reiterating its independence.
Investors also watched bond markets closely, as the 10-year Treasury yield moved higher in response to positive labor trends and cautious optimism about economic resilience. Stocks dipped slightly, with investors taking a wait-and-see approach ahead of next week’s inflation data release.
In housing, mortgage application volume jumped — proof that buyers are paying attention. Even with rates moving up, demand remains steady, largely driven by low inventory and the urgency created by current economic conditions. Many prospective buyers are moving quickly in hopes of avoiding further rate hikes, despite continued affordability challenges.
Weekly Snapshot:
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Consumer Sentiment: 60.7 (June 2025, University of Michigan)
The takeaway this week? The economy is still showing signs of strength, but uncertainty around inflation, global tensions, and political noise continues to influence both rates and market sentiment. For homebuyers and homeowners, timing remains everything — especially as small rate movements can have a big impact on affordability and purchasing power.
