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.
There’s been a lot of movement in the market lately, and I wanted to break down what it all means for you. It’s been a truly eventful couple of weeks, with interest rates touching their best levels in 10 months and some fascinating news from the jobs report and inflation data. Here’s a quick look
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.
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
As summer heats up, so has the opportunity. How’s the weather where you are? I hope you are enjoying your week. As for the housing and mortgage markets, the last few weeks of July have brought some interesting shifts in the market. Here’s what’s changing in housing and why it matters to you. Good News on
I hope you are enjoying these dog days of summer! I’m stopping by today to keep you informed about the latest developments that could impact your homeownership journey. This past week brought some interesting shifts, from Federal Reserve insights to a major change in credit scoring, all while mortgage rates saw a slight uptick. Let’s
As we head into a shortened week due to the July 4th holiday, I wanted to bring you up to speed on the latest in the mortgage market. It’s been an interesting period, with several key factors influencing interest rates. Good news for borrowers: interest rates have dipped slightly again! The 30-year fixed-rate mortgage (FRM)
I hope you’re having a great week! I wanted to share a quick update on the latest mortgage and housing market trends, as there’s some interesting news that could benefit you. You might have heard that the Federal Reserve recently held its key interest rate steady, maintaining the Fed Funds Rate at a target range
Good news! Mortgage rates are holding steady, as they have been over the past few months. This week’s average rate dipped slightly by .01 percent for a 30-year fixed. Inflation cooled more than expected in May. The headline Consumer Price Index clocked in at just 2.5 percent year-over-year, its lowest reading in four years. Even
Hope you’re enjoying a beautiful summer week! We’re happy to see the sun and have some warm weather after lots of rain here. I wanted to share a quick update on what’s been happening in the housing and mortgage markets. It’s been a bit of a mixed bag lately, with some interesting shifts, and I
