Tag Archives: existing home sales

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.

What Will the Spring Homebuying Season Look Like?

The volatility in rates and financial markets gave us a nice improvement in mortgage rates over the past two weeks. However, now as fears about the banking sector subside somewhat we’ve seen rates move back up again out ahead of an important Fed Announcement this week.  Watching the markets over this last week is a

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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.

It’s a Delicate Balance of Good News, Bad News for Housing & Rates

Well, all signs are pointing up this week and last, so mortgage rates have behaved accordingly. For the second week in a row, the trend for rates has been upward, according to Freddie Mac’s weekly survey of average 30-year and 15-year conventional mortgages. It’s kinda a double-edged sword of good news, and bad news because

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