Tag Archives: financing

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.

How will the Election affect rates?

The nation’s housing market continues to cool down and shift as mortgage rates seem to be trending around an average of 7.0 percent for a 30-year fixed, according to Freddie Mac’s weekly survey. The Federal Reserve continues to attempt to combat inflation and raised the Fed Funds rate once again last week at its meeting.

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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.

Critical Fed Meeting This Week Before August Break

This should be an interesting week in markets as we have an important Fed Meeting coming up, adjourning mid-week, among a slew of high-impact economic and housing reports.  Yes, we’re hearing much drama in the media about housing and whether bubbles are bursting or not. Although none of us knows the future, what I do

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