Tag Archives: economic data

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

Navigating the Mortgage Maze: Your Guide to the Latest Market Trends

We’ve seen a good deal of volatility in the mortgage world lately, so I wanted to give you a quick update on what’s happening and what it means for you. Interest Rates: Ups and Downs Remember those fantastic rate dips we saw a few weeks ago? Well, mortgage rates have ticked up a bit since

Read More

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

Positive Signs for Mortgage Rates and Market Activity

There’s some exciting news in the mortgage market! Recent economic data and housing trends point towards a more favorable environment for both homeowners and potential buyers. Interest Rate Rollercoaster Recent weeks have seen significant fluctuations in interest rates. While we’ve experienced some welcome declines, it’s essential to remember that these shifts are influenced by a

Read More

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

Subject: Mortgage Rates: A Welcome Dip, But Stay Informed!

Good news! Mortgage rates have continued their recent downward trend, reaching their lowest levels in five months. Also, the average rates for the 15-year and 30-year fixed are lower now than they were a year ago by .13 and .07 percent, respectively, according to Freddie Mac’s weekly survey. This is welcome news for homebuyers who

Read More

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

Mortgage Rate Update: Mixed Signals, But Hope Remains for Homebuyers!

Happy (almost) summer! As we pause this week and take a moment to honor those who served our country on Memorial Day, let’s also dive into the latest news affecting mortgage rates. The Week in Review: A Tug-of-War – This past week, interest rates saw some ups and downs. Here’s what caused the volatility: •

Read More

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.

Mortgage Rates See Positive Signs, But Important Data Still Looms!

Good news! Last week, mortgage rates reached their best levels in over a month! Let’s break down what caused rates to improve for the second consecutive week and what to watch for in the coming days. Remember the big inflation report from April that sent rates soaring? Well, the good news is the latest report

Read More