This week in the mortgage world has been a bit of a balancing act, with rates holding relatively steady despite some market volatility. Freddie Mac reported the trend for the 30-year fixed-rate mortgage essentially flat from last week, which is good news for those of you keeping a close eye on rates. We’ve seen some
Hope you’re having a great week! I wanted to give you a quick update on what’s happening in the mortgage market, as I know many of you are keeping a close eye on interest rates. This past week, we’ve seen rates hovering near two-month highs, but interestingly, they’re showing signs of a potential downward trend.
Hope you’re having a productive week! I wanted to share a quick update on the mortgage market, as there’s some interesting movement happening behind the scenes. Optimistic Indicators While the headlines might not scream “major rate drop,” there’s definitely cause for optimism. This past week, despite the Fed holding steady on rates, we’ve seen some
I hope this message finds you safe and well. My heart goes out to those impacted by the devastating local wildfires in California. What we’ve witnessed over this past week has been unimaginable! It’s during times like these that community support becomes more important than ever. Important Information for Wildfire-Affected Homeowners: If you’ve been affected
Happy New Year! I hope you had a wonderful holiday season. As we kick off 2025, I wanted to give you a quick update on the mortgage market and what we might expect in the coming months. The January Effect Interest rates ended 2024 around 7 percent – higher than many analysts anticipated for the
Well, that was a wild week! The election results definitely shook things up, and you might be wondering what it all means for your mortgage plans. Let’s break it down. Interest rates have been rather volatile this past week. They jumped up right after the election, with the 10-year Treasury yield nearing 4.50%. Why? The
Yes, I know…it seems like every time we turn around, mortgage rates are a little bit higher recently! It’s enough to make your head spin, right? But don’t worry; I’m here to break it all down for you and offer some guidance in this shifting market. Here’s the lowdown: — Rates keep on truckin’ upwards.
Did you enjoy your Labor Day Weekend? I hope so! And I hope you’re enjoying these last days of summer. The housing market, much like the changing seasons, is showing signs of both stability and transition. Let’s dive into the latest updates. Interest Rates: A Cautious Dance The recent PCE inflation data, which is the
It’s always fun to report that rates trended slightly lower, according to last week’s report on the survey of average rates published by Freddie Mac. Since that report, rates have been relatively stable; however, with some big economic news coming up, things could get interesting. The Federal Reserve continues to signal they won’t raise rates
Hope your week is off to a great start! I want to give you a quick update on the housing market, interest rates and what that might mean for your home financing goals. Overall, it’s a pretty quiet week in terms of major economic data, so in large part markets will likely be pretty quiet
