Tag Archives: federal reserve policy

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Your Weekly Market Check-In: Rates at a Year Low & Why Your Credit Score Matters Right Now

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

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

Is a Rate Cut a Good Thing for Mortgage Rates?

I hope you’re having a fantastic week. It’s hard to believe we’re already at the beginning of October! The big news this week was the Fed’s recent rate cut, which you would think would lead to lower mortgage rates, right? Well, that’s where things get interesting. After the Fed’s announcement, mortgage rates actually crept up

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

What a Week! The Fed, Rates, and What It All Means for You.

I hope you’re having a wonderful week! The past 7 days have been a whirlwind. It feels like every day brings a new piece of news, from the Federal Reserve’s big announcement to the latest on mortgage rates. I wanted to take a moment to break it all down for you in a simple, straightforward

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

Why Mortgage Rates Are Holding Steady (And What That Means for You)

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

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

Jackson Hole & The Mortgage Market: What You Need to Know

The mortgage market is currently in an interesting place, with rates dipping to their lowest level in 10 months. But with the annual Jackson Hole Symposium right around the corner, there’s a lot to watch for. What’s Happening with Rates? The 30-year fixed-rate mortgage fell by .05 percent for last week, according to Freddie Mac.

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

Big News for Buyers and Sellers: Rates Drop, Plus an Updated Look at the Market

It’s been a busy and interesting time in the market, with a lot of movement on multiple fronts that could affect your home-buying or selling plans. I’ve been keeping a close eye on the latest economic reports and mortgage rate trends, and I’ve got some key updates to share that I think you’ll find helpful.

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

Your July Market Update: Navigating Mortgage Rates, Housing Trends, and What’s Ahead

The mortgage market has been a hot topic lately, and for good reason. It’s a dynamic environment, and staying informed is key to making the best decisions for your financial future. This past week saw relatively calm waters for interest rates, but don’t let that fool you—we’re heading into a period packed with potential market-moving

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

Your Mid-Week Mortgage Update: Rates Dip & What’s Ahead

As we head into a shortened week due to the July 4th holiday, I wanted to bring you up to speed on the latest in the mortgage market. It’s been an interesting period, with several key factors influencing interest rates. Good news for borrowers: interest rates have dipped slightly again! The 30-year fixed-rate mortgage (FRM)

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

Your Latest Market Update: Rates Dip, Buyer Power Rises!

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

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

Your Housing Market Update: Rates, Inventory, and Savings

Good news! Mortgage rates are holding steady, as they have been over the past few months. This week’s average rate dipped slightly by .01 percent for a 30-year fixed. Inflation cooled more than expected in May. The headline Consumer Price Index clocked in at just 2.5 percent year-over-year, its lowest reading in four years. Even

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