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
Good news! Mortgage rates have continued their recent downward trend, reaching their lowest levels in five months. Also, the average rates for the 15-year and 30-year fixed are lower now than they were a year ago by .13 and .07 percent, respectively, according to Freddie Mac’s weekly survey. This is welcome news for homebuyers who
Welcome to June! Let’s talk about mortgage rates…This past week, rates unfortunately moved higher due to a few key factors: • Treasury Department Needs More Revenue: The government needs to sell more debt to fund spending, and recent auctions haven’t been as strong as hoped. This pushes interest rates higher.• Fed Signals Higher Rates for
