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
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
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
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
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
I hope you are enjoying these dog days of summer! I’m stopping by today to keep you informed about the latest developments that could impact your homeownership journey. This past week brought some interesting shifts, from Federal Reserve insights to a major change in credit scoring, all while mortgage rates saw a slight uptick. Let’s
I hope you’re having a great week! I wanted to share a quick update on the latest mortgage and housing market trends, as there’s some interesting news that could benefit you. You might have heard that the Federal Reserve recently held its key interest rate steady, maintaining the Fed Funds Rate at a target range
As we come back to the work week following the Memorial Day weekend, I want to take a moment to reflect on the true meaning of the holiday. It’s a time to honor the brave men and women who made the ultimate sacrifice for our country. While we often kick off summer with barbecues and
Hope you’re having a great week! Popping in to keep you updated on the latest happenings in the mortgage and housing markets. This week, the Federal Reserve’s decisions are playing a significant role in shaping the landscape. The Fed held steady on interest rates at their meeting last week, but their announcement to pause the
Hope you’re having a great week! Lots happening in the markets. My purpose with this newsletter is to keep you informed about what’s happening in the market, even when things get a little bumpy. This week, we saw some mixed signals, so let’s break it down. Recent data revealed inflation reared its head again with
