Category Archives: Uncategorized

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Rate Trend Improving + Signs of Buyers Coming Back!

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Home sales have been slow lately, as you’ve seen me write over these past few weeks; however, I’m seeing some demand signals start to perk up. Redfin reported that their Homebuyer Demand Index, which measures home tour requests and Google searches for homes for sale, is showing a 6 percent increase in buyer activity. Freddie

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An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Improvement in Rates After Optimistic Inflation Report

By Rates News, Uncategorized, , , ,

Well, this is fun…we watched mortgage rates improve quite drastically last week due to surprisingly optimistic inflation data. In fact, according to the weekly mortgage rate survey published by Freddie Mac, the average rate for a 30-year fixed mortgage fell by .47 percent. As we head into the long Thanksgiving Holiday weekend, I expect mortgage

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