Bannen Davis Mortgage Team

09/19/2025

Just like picking the perfect apple, finding the right mortgage requires a steady hand and expert guidance. 🍎

At Bannen Davis Mortgage Team, we're dedicated to being that trusted partner, helping you navigate your home loan options with care and clarity.

We'll work with you to understand your unique needs and goals, ensuring you pick the mortgage that's just right for your future.

Get started: www.bannendavis.com

09/17/2025

📉 Big Fed Day – What It Means for Rates

✅ Mortgage rates are looking better than expected right now, even though the bond market hasn’t moved much. Lenders are working hard to keep conventional rates under 6%, which is great news for buyers!

⚡ What to Watch Today:

• The Fed is expected to cut rates by 0.25% this afternoon.
• The real story isn’t the cut itself (already expected)… it’s the Fed’s “dot plot” — their outlook for how many more cuts could come in 2025 and beyond.
• Fed Chair Powell’s press conference at 2:30pm ET usually shakes up the market, so expect movement then.

🏡 What This Means for Buyers:

• Don’t expect rates to suddenly drop into the mid-5’s yet, but we could see some gradual improvements if markets like what Powell says.
• Short term: rates are more likely to creep lower than higher.
• Long term: buyers who wait could see the best rates we’ve had in years.

💡 Takeaway:

If you’re in the market to buy, today is a great day to watch rates closely. Lenders are being aggressive, sellers are motivated, and this Fed meeting could help nudge rates lower over the next few weeks.

09/09/2025

Mortgage Rates Are Finally Sliding—and It Could Be Their Best Move Yet!

Good news on the mortgage front: rates have dropped to their lowest in nearly a year, creating a compelling opportunity for current homeowners to refinance under more favorable terms.

As of September 8–9, 2025, the average 30-year fixed mortgage rate has dipped SUBSTANTIALLY, an exciting decline from earlier weeks

This marks an 11-month low, largely driven by softening job data and growing expectations that the Federal Reserve may ease interest rates soon

Why This Matters for You

More Savings: Refinancing now could reduce your monthly payment significantly.

Big-Window Opportunity: Historic low rates are rare—especially when the Fed might act soon to lower rates even further.

Boosted Upside with Waived Fees: And remember, you get to use your waived lender fee refinance incentive, meaning lower closing costs on top of rate savings.

What’s Next?

It’s simple: reach out to the Bannen Davis Mortgage Team for a tailored review. We’ll walk through your options and help you leverage every possible benefit—with enthusiasm and gratitude for having you in the family.

Ready to see how much you could save?

Let’s talk refinance. 319-850-7685

Apply now at:

My goal is to offer the best mortgage process and tools available - easy and convenient, online information available, coupled with the assistance of an experienced loan officer to guide you through the often difficult and confusing process. Let me walk you through the process and help you choose th...

09/09/2025

When you hear that a home has “appreciated,” it means the property has increased in value over time. 🏡

For example:
➡️ You buy a home for $250,000.
➡️ A few years later, its market value rises to $300,000.
➡️ That $50,000 difference? That’s appreciation!

Appreciation can happen for many reasons like market demand, neighborhood growth, renovations, or overall economic trends.

The best part? Homeowners can build wealth as their property appreciates, making real estate one of the strongest long-term investments.

Have questions about how appreciation could benefit your homeownership journey? Let’s chat! https://www.gershman.com/loan-officers/

09/01/2025

Happy Labor Day! Today, we honor the hard work and dedication that helps our communities thrive.

08/20/2025

HOW WELL DO YOU UNDERSTAND...PROPERTY TAX?

Property taxes are annual fees homeowners pay to local governments, based on the value of their home and land. These taxes help fund essential community services like schools, roads, police, and fire departments.

💡 Tip: Your property taxes can change if your home's value goes up or if local tax rates are adjusted, so it’s smart to keep an eye on your tax bill each year!

08/19/2025

Your credit limit is the maximum amount you’re allowed to borrow on a line of credit. It’s set by your lender based on factors like your credit score, income, and credit history.

💡 Staying well below your limit (ideally under 30%) can help improve your credit score and show lenders you manage credit responsibly!

08/06/2025

🏡 Thinking about buying a home in a rural area? A USDA loan might be your perfect match!

A USDA loan is a government-backed mortgage designed to help low-to-moderate income buyers purchase homes in eligible rural AND suburban areas with NO down payment required 🙌

✅ 0% down
✅ Competitive interest rates
✅ Lower mortgage insurance costs

You don’t have to be a farmer to qualify, but you must meet the income and location guidelines!

Interested in learning more? Get in touch with us today! www.bannendavis.com

08/04/2025

🚨 Major Victory: Trigger Leads Severely Restricted!

Great news for homebuyers and mortgage professionals!

On Saturday evening, the U.S. Senate unanimously passed the Homebuyers Privacy Protection Act, a long-awaited win in the fight against unwanted solicitation. Once signed by President Trump, the law will take effect in six months, helping protect consumers from the flood of calls, texts, and emails that often begin immediately after applying for a mortgage.

Under the new law, trigger leads will only be allowed in very limited circumstances, and only if the third party can certify one of the following:

✅ The consumer explicitly consents to receive these solicitations
✅ The third party originated the consumer’s current mortgage
✅ The third party is the servicer of the current mortgage
✅ The third party is a bank or credit union that holds a current account for the consumer

This is a huge milestone for privacy rights and a major step forward in protecting borrowers from predatory practices. It’s been years in the making—and it’s finally here.

Have questions about what this means for you or your clients? Let’s talk.

07/30/2025

Headed out for a summer getaway? Don’t forget to prep your home before you go! 🏡

- Lock all doors/windows
- Set timers on lights
- Pause mail or ask a neighbor to grab it
- Water plants/take care of pets
- Unplug small appliances
- Park a car in the driveway (if possible)

Happy travels!

07/19/2025

🇺🇸🎉 TODAY’S THE DAY! 🎉🇺🇸

Come PACK OUR TRUCK & PRESS YOUR LUCK at Shottenkirk’s Hot Dogs & Hot Rods – starting at 12 PM at 755 Hickman Rd, Waukee!

We’re teaming up with the Blue Star Mothers of Iowa to support our deployed troops with care packages – and YOU can help us send 2,500 this year! 💪

🎟 DONATE & ENTER TO WIN:
✨ $100 Gift Card
✨ $50 Gift Card
✨ FREE Massage from Summer’s Massage Therapy
✨ Unlimited Month + Sauna/Cold Plunge from

🌭 Free hot dogs. 🚗 Cool cars. 🎁 Awesome prizes. 🇺🇸 Even better cause.

Bring an item from the 2025 Care Package Wish List or scan the QR code at the event to donate online!

Let’s show up BIG for our heroes. 🦸‍♂️ 🦸‍♀️

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