John Lake's (johnlake2) Blog

At the Federal Open Market Committee (FOMC) meeting on July 29, 2026, the Federal Reserve voted 9–3 to keep the benchmark interest rate steady at 3.50% to 3.75%.The decision and its impact on mortgage rates are detailed below: Short-Term Impact: Rates Hold Steady No Immediate Spike or Drop: Becau...

  Scenario 1: The Fed Holds Rates Steady  Financial markets widely anticipate that the Federal Open Market Committee (FOMC) will keep the federal funds rate at its current 3.5% to 3.75% range.  Immediate Impact: If a pause occurs, mortgage rates will likely move sideways or experience a mild, tem...

After 18 incredible years with Shamrock Home Loans, I have decided to make a change. I am deeply grateful for the memories made and the fantastic people I’ve worked alongside at Shamrock. To my amazing Realtors, referral partners, and clients—thank you. Together, we have helped so many families a...