Tag Archives: Fed Rates

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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

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Big News: Fed Drops Rates—Time to Lock in Low Mortgage Rates!

Hold on to your hats today because the mortgage market has been buzzing with activity, and I wanted to keep you in the loop about the latest developments. Interest Rates: Reaching New Lows Great news! Interest rates have hit their lowest point of the year, even touching levels not seen since early 2023! This positive

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Mortgage Rates: Cooling Off, But Stay Alert!

Good news! Mortgage rates showed slight improvement in last week’s survey by Freddie Mac of average rates. The survey reported rates reaching levels last seen in March! Let’s explore what’s driving this trend and what to watch for in the coming days. The Fed: Higher for Now, But a Shift Might Be Coming The Federal

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

Mortgage Rates: Mixed Signals, But Hope Remains for Homebuyers!

Good news first…mortgage rates continued to improve last week; however, we saw some conflicting signals that are impacting rates: The Fed: Higher for Longer, But Maybe Not Forever The Federal Reserve met last week and surprised many by indicating they might not cut rates as much as previously expected. While they’re sticking to their plan

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Happy New Year! What I’m Looking Forward To…

Happy 2023 friend! I hope your holiday season was magical!  We had an especially magical Christmas and welcomed our baby girl Catherine on December 19th. She is perfect in every way and we are loving being parents. We couldn’t be happier! And now, it’s time to get down to the business of a new year!

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