Last Updated: October 23, 2025
Welcome to Eli Sklar Consulting (“we,” “our,” or “us”). These Terms and Conditions (“Terms”) govern your use of our website, www.elisklarloans.com, and any related services offered by Eli Sklar Consulting (collectively, the “Services”).
By accessing or using our website, you agree to these Terms. If you do not agree, please discontinue use immediately.
1. Our Services
Eli Sklar Consulting provides mortgage consulting and brokerage services. We help clients explore, compare, and apply for mortgage and loan products through our network of trusted lending partners.
All loan approvals, terms, and rates are subject to review by the lender and depend on factors such as creditworthiness, income verification, and other eligibility requirements.
2. No Guarantee or Financial Advice
Information provided on our website is for informational purposes only and does not constitute legal, financial, or tax advice.
Loan approvals and rates are not guaranteed and are determined by the lender.
You are encouraged to seek independent financial advice before making any financial decisions.
3. Eligibility
You must be at least 18 years old and a U.S. resident to use our Services. By using our site, you represent that all information you provide is accurate and truthful.
4. User Responsibilities
When submitting information through our forms or communications, you agree to:
Provide accurate, complete, and current information.
Not use the website for any unlawful or fraudulent purpose.
Not impersonate another person or entity.
5. Third-Party Links
Our website may contain links to third-party websites or partner platforms. These links are provided for convenience and do not imply endorsement. We are not responsible for the content, security, or privacy practices of third-party sites.
6. Intellectual Property
All website content—including text, graphics, logos, and layouts—is owned or licensed by Eli Sklar Consulting and protected by applicable copyright and trademark laws. You may not reproduce or distribute any content without prior written consent.
7. Limitation of Liability
Eli Sklar Consulting is not liable for any damages arising from your use or inability to use our Services. We make no warranties or representations, express or implied, regarding the accuracy, completeness, or reliability of the information provided on this site.
8. Indemnification
You agree to indemnify and hold harmless Eli Sklar Consulting, its affiliates, and its representatives from any claims, damages, or expenses resulting from your use of our website or breach of these Terms.
9. Modifications
We reserve the right to update or modify these Terms at any time. Updates will be posted on this page with a revised “Last Updated” date.
10. Governing Law
These Terms are governed by the laws of the State of New York, without regard to its conflict of law principles.
11. Contact Us
If you have questions about these Terms, please contact us at:
📞 +1 (516) 902-8593
🌐 elisklarloans.com
✉️ [email protected]
Mortgage Market Update: October 2024
Mortgage Market Update: October 2024
The mortgage landscape in October 2024 presents both opportunities and challenges for potential homebuyers. Here's a snapshot of the key trends impacting the market this month.
Mortgage Rates on the Decline
Mortgage rates have eased recently, with average 30-year fixed-rate mortgages hovering between 5.95% and 6.25%, down from earlier highs in 2023. This shift reflects stabilizing inflation and potential future rate cuts from the Federal Reserve. Lower rates improve affordability, providing buyers with increased purchasing power, though the benefits depend on how quickly buyers act before rates adjust again.
Evolving Housing Market Conditions
The cooling of the housing market is evident with a 0.7% year-over-year drop in median listing prices and a 31.9% increase in active listings. Homes are now taking longer to sell, spending an average of seven more days on the market compared to last year. This increased inventory gives buyers more options, but the pace of sales has slowed as many remain cautious, waiting for more favorable conditions.
Challenges and Buyer Sentiment
Despite falling mortgage rates, affordability remains a concern due to historically low housing inventory and persistent high home prices. Demand for new homes has not surged yet, as some buyers are still waiting for deeper rate cuts or more attractive listings. However, those looking to purchase now could benefit from reduced competition in the market before any further rate changes spark increased demand.
What to Expect Going Forward
Experts predict that mortgage rates could continue to decline in late 2024 and 2025, making homeownership more attainable. However, this may also trigger higher demand, keeping home prices elevated despite economic improvements. Prospective buyers should stay informed and assess their financial readiness, as conditions may shift quickly with further Federal Reserve decisions or changes in housing supply.
This period presents a good opportunity for those ready to enter the market, especially with interest rates reaching their lowest point in two years. As always, working with an experienced mortgage advisor can help buyers navigate the complexities of these shifting market dynamics.
SUCCESS STORIES FROM OUR CLIENTS
I can't thank Eli enough for his assistance in securing a loan for my commercial property. His expertise and attention to detail were remarkable. Eli not only helped me find the right lender but also negotiated favorable terms that fit my financial goals. He made the entire process seamless and stress-free, and I felt confident knowing I had an expert advocating for my best interests. He is a true professional, and I highly recommend his services to anyone seeking a commercial loan.
Mike Erman
Real Estate Agent
Eli is an exceptional loan expert who helped me secure a commercial loan for my business expansion. His deep knowledge of the lending industry and his strong relationships with lenders made the process smooth and efficient. Eli took the time to understand my specific needs and goals, and he went above and beyond to ensure I received the best terms and rates. Thanks to Eli's expertise and dedication, I was able to take my business to the next level. I highly recommend Eli!
Jake Flynn
Real Estate Agent
Working with Eli was a game-changer for me as a real estate investor. His expertise and his ability to identify the right financing options truly impressed me. Eli took the time to understand my investment strategy and found tailored loan solutions that aligned perfectly with my goals. His professionalism, responsiveness, and attention to detail made the entire process stress-free. I am grateful to have had Eli as my trusted partner, and I highly recommend him to anyone!
Jan Brooks
Real Estate Agent
Copyright© Eli Sklar Loans 2025. All Rights Reserved.
+1 (516) 902‑8593