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
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.
Hope you’re having a great start to May! Welcome to Wednesday. I wanted to touch base with a quick update on the mortgage market and what some of the recent economic news means for you, whether you’re a current homeowner, thinking of buying, or a valued referral partner. We’ve seen some encouraging movement in interest
Hey there. I wanted to touch base and share a quick update on what I’m seeing in the mortgage and housing markets. It’s been a bit of a rollercoaster lately, but thankfully, we’ve seen a welcome period of calm settle in after some significant market movements. It was certainly reassuring to the markets to hear
Happy (almost) summer! As we pause this week and take a moment to honor those who served our country on Memorial Day, let’s also dive into the latest news affecting mortgage rates. The Week in Review: A Tug-of-War – This past week, interest rates saw some ups and downs. Here’s what caused the volatility: •
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
The positive economic readings of the last week – like robust retail sales, low unemployment, and healthy GDP (gross domestic product) – caused rates to tick up slightly, according to the latest survey of average rates by Freddie Mac. However, rates remain in a narrow range, not bouncing around too much. According to Sam Khater,
I hope you had a wonderful Thanksgiving holiday! This time of year can be a little crazy in the financial markets as trading volume drops off because traders take time off for the holidays and so we often see increased volatility because smaller moves make bigger ripples when trading volume is lower. Nevertheless, mortgage rates continued
Welcome to November! Fortunately, with the holiday season upon us, we have other fun things to focus on because the markets and mortgage rates continue to spook us, like picking up those mushy pumpkins after Halloween is over. Ick! And this week will be no exception; with an uncommon combination of high-impact events, we’re likely
There’s no way to sugarcoat or put an optimistic spin on the news these days, and the news of mortgage rates is no different. Mortgage rates continue to rise, and we continue to see economic headwinds that don’t give any indication this trend will reverse anytime soon. Listen, I’ve been in the mortgage business for
