Tag Archives: freddie mac

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

Rates Slide to Their Best Levels in Over a Month, Plus a Fresh Look at Your Home Equity

I hope your week is going well! Between the Fed, the elections, and a busy jobs calendar, there is a lot happening, so let me sort out what matters most. Here’s Where Rates Stand Freddie Mac’s weekly average slipped again, down about a tenth of a percent to its lowest level this month, which gives

Read More

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

The Fed Held Steady, and Buyers Are Done Waiting for Rates to Fall

I hope your week is off to a great start! The Fed met this week, and the headline is a quiet one. Here is what it means for you. The Fed Held Steady, but Not Unanimously As expected, the Fed left its benchmark rate unchanged on Wednesday. The vote was 10 to 2, with two

Read More

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

Rates Pull Back From Their Highs, Plus a Smart Way to Plan for Home Repairs

I hope your week is off to a great start! After a bumpy few weeks, the market has found some welcome calm, so let me share what is behind it and one practical tip for homeowners. Here’s Where Rates Stand Mortgage rates improved sharply last week after touching their highest levels of the year. Freddie

Read More

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

Rates Hit Multi-Year Highs, But Buyers Are Finding More Room to Negotiate

I hope your week is going well! Rates have been the talk of the town, so let me share what is behind the headlines and where the opportunities are hiding. Here’s where rates stand: Freddie Mac’s weekly average jumped about a quarter of a percent last week, putting it nearly a full percentage point above

Read More

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

A Rough Week for Bonds, and Where Buyers Can Still Find Opportunities

I hope your week is going well! It has been a turbulent stretch for rates, so let me break down what happened and what it means for you. Here’s Where Rates Stand Mortgage rates climbed again, up roughly a quarter of a percent in just two weeks by Freddie Mac’s measure, and daily rates are

Read More

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

Market Update: Global Shifting, The “6 percent Crossover,” and Finding Your Way Home

I hope your week is off to a wonderful start. I’m here with my second cup of coffee, looking over the latest market data, and I felt it was the perfect time to check in. Between the global headlines and the shifting landscape here at home, there is a lot to digest as we head

Read More

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

A Breath of Fresh Air for the Housing Market and What’s on the Horizon

I hope your holiday-shortened week is off to a wonderful start! As we settle into the second half of January, there’s lots going on in the news that has the potential to affect markets and mortgage rates. Let’s break it all down. The “Green Shoots” of Growth We have some truly encouraging news to kick

Read More

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

Mortgage Rates Near Year’s Best & Is January Your Magic Month?

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

Read More

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

Did You Miss It? Mortgage Rates Are at Their Lowest Point in Almost a Year

As we enjoy the waning days of late summer, the air isn’t the only thing changing—the mortgage market is, too. Last week was a big one, with 30-year mortgage rates hitting their lowest point since October 2024. This drop, while slight, is a major headline and a positive sign for both prospective homebuyers and current

Read More

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.

Read More