debt ceiling Archives - Pacific Financial Mortgage and Real Estate

Mortgage Rates Take a Breather, But Buckle Up for a Bumpy Ride!

Last week mortgage rates dipped to their lowest levels in two months! Let’s break down what caused this shift and what to watch for in the coming days. The Economy Slows Down Recent economic data paints a picture of a slowing economy. This has helped to cool inflation fears, a major factor influencing interest rates.

Mortgage Rate Update: Holding Steady, But Big Data on the Horizon!

By Victoria KelloggMay 15, 2024Rates Newsconsumer price index, cpi, debt ceiling, freddie mac, housing market, housing rates, inflation rates, inflation report, labor market, Pacific Financial Mortgage, Victoria Kellogg

It’s always fun to report that rates trended slightly lower, according to last week’s report on the survey of average rates published by Freddie Mac. Since that report, rates have been relatively stable; however, with some big economic news coming up, things could get interesting. The Federal Reserve continues to signal they won’t raise rates

Tag Archives: debt ceiling

Mortgage Rates Take a Breather, But Buckle Up for a Bumpy Ride!

Mortgage Rate Update: Holding Steady, But Big Data on the Horizon!