Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial August 15, 2024

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Mortgage Rates on the Rise: Here's What You Need to Know


Today’s stronger-than-expected retail sales data has pushed mortgage rates higher, signaling a shift in market sentiment. Consumers are still spending, even as debt levels rise, leading to worse rate sheets this morning. If your loan is closing soon, consider locking in your rate now to avoid further increases. With upcoming events like the Jackson Hole Symposium and September’s Fed meeting, rates might not drop as quickly as expected. Stay informed and make smart decisions to secure your financial future.


Lock in your rate today!


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doug waldman

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samantha dalby

"Looking forward to partnering with Ron for our community event (Open House on June 23rd, 2024) at American Legion Post 132!"

diana trujillo

"Ron is a stand up man! He is always available to help and is a wealth of knowledge in the lending world. Genuine and honest and hardworking! Thank you for your help over many many years!"

gilda johnson

"Be wary of who you do business with. A quick google search will show that Ron will promote contempt in a community and he is not interested in doing as he says. He recently made fun of the victims of mass shootings in his “orange county buzz” facebook group and should not be allowed to do business if he is going to promote hatred. Ron’s response below highlights his ignorance. If you disagree even politely with him he will try to shut you down instead of being a reasonable human being. Again - further proof that he should not be doing business in a community where he does not promote anything other than hate and discontent in it."

matt ward

"Ron Siegel and his staff did a tremendous job. I used Ron and his team to refinance my primary residence several times, to secure financing for a new home that I later refinanced and for the refinance of a rental property. Ron Siegel and his team made the process seamless each time."

scott smith

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f coleman

"Ron was available day and night , 7 days a week . He was very detail oriented and very thorough with his answers to my many questions thru the process of my loans. I would highly recommend him."

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