Tag Archives: homebuyer

Pacific Financial Mortgage

Yes, now is an amazing time to buy…and here’s why

Fortunately for home buyers, even as home prices continue to appreciate, mortgage rates are trending lower as the economy continues to mend despite concerns around the pandemic and its trajectory. According to the latest survey of mortgage rates by Freddie Mac, the average rates for both the  30-year and 15-year average dropped .10 percent just

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Pacific Financial Mortgage

Why’s it hard to buy now? Housing market is as hot🔥 as the Summer Sun!😎

This week, as we head into the unofficial start of summer with the Memorial Day Holiday, I want to pause and honor all those and their families that have served our country with their military service. Thank you and we honor you! I hope you all have a fabulous long weekend and that wherever you

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Pacific Financial Mortgage

Mortgage rates continued trend higher this week…

Last week was quite the roller coaster ride for markets as the 10-year Treasury bond yield rose, pushing mortgage rates slightly higher with it. Inflation concerns were the main factor. According to Freddie Mac’s weekly survey of average mortgage rates, the average rate for a 30-year mortgage rose just .03 percent as optimism about the economy, vaccination rates, and additional government stimulus on the way fueled inflation fears.