Category Archives: Rates News

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Your Weekly Market Check-In: Rates at a Year Low & Why Your Credit Score Matters Right Now

The big news this week is fantastic: mortgage rates hit their lowest level in over a year! I know the news can be overwhelming and often scary, so I want to break down what’s driving this exciting movement and—more importantly—what it means for you, whether you’re looking to buy your first home, refinance, or simply

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Mortgage Rates Near Year’s Best & Is January Your Magic Month?

I hope you’re staying cozy as we head deeper into the fall! This week has been all about signals—signals from the Federal Reserve, signals from the housing market, and even a signal about the very best time to buy a home. The Fed Speaks Out (Before the Quiet) This past week brought a flurry of

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

The Fed’s Next Move & How AI is Changing Homebuying

I hope you’re having a wonderful week! We’ve had a lot of interesting developments over the last seven days, from the Federal Reserve’s latest insights to a surprising shift in how homebuyers are using technology. Let’s dive in! The Fed Minutes are in! The Federal Reserve recently released the minutes from their September meeting, and

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

The Latest Scoop: Mortgage Rates, Home Prices, and the Job Market

I hope you’re all having a great week! It’s been a little quieter on the economic data front, but what we did get this week, along with some great insights into the housing market, gives us a lot to talk about. What’s Happening with Rates? The big story this week is that mortgage rates continue

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Is a Rate Cut a Good Thing for Mortgage Rates?

I hope you’re having a fantastic week. It’s hard to believe we’re already at the beginning of October! The big news this week was the Fed’s recent rate cut, which you would think would lead to lower mortgage rates, right? Well, that’s where things get interesting. After the Fed’s announcement, mortgage rates actually crept up

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

What a Week! The Fed, Rates, and What It All Means for You.

I hope you’re having a wonderful week! The past 7 days have been a whirlwind. It feels like every day brings a new piece of news, from the Federal Reserve’s big announcement to the latest on mortgage rates. I wanted to take a moment to break it all down for you in a simple, straightforward

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Big News: Mortgage Rates Are at Their Lowest Point in Nearly a Year!

Big changes are happening in the mortgage market! Last week, we saw mortgage rates drop to their lowest levels in almost a year. This is a significant development and a major reason for optimism as we head into this week’s Federal Reserve meeting. Low Rates Drive High Activity This downward trend in rates, which has

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Did You Miss It? Mortgage Rates Are at Their Lowest Point in Almost a Year

As we enjoy the waning days of late summer, the air isn’t the only thing changing—the mortgage market is, too. Last week was a big one, with 30-year mortgage rates hitting their lowest point since October 2024. This drop, while slight, is a major headline and a positive sign for both prospective homebuyers and current

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Why Mortgage Rates Are at a 10-Month Low and What’s Next

Hey there! Hope you and yours had a great Labor Day weekend! Welcome back, and I’ve got great news for anyone thinking about buying a home or refinancing: average mortgage rates have fallen to their lowest levels in more than 10 months. This is a significant development that has been driving increased interest from prospective

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Why Mortgage Rates Are Holding Steady (And What That Means for You)

The past week in the mortgage market has been a story of stability, with mortgage rates holding near 10-month lows. This steadiness comes even as the Federal Reserve’s July meeting minutes were released and stock markets saw some notable shifts. What’s really going on with rates, and what should you watch for next? Let’s dive

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