Tag Archives: housing rates

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Rates Pull Back From Their Highs, Plus a Smart Way to Plan for Home Repairs

I hope your week is off to a great start! After a bumpy few weeks, the market has found some welcome calm, so let me share what is behind it and one practical tip for homeowners. Here’s Where Rates Stand Mortgage rates improved sharply last week after touching their highest levels of the year. Freddie

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Hot Inflation Rattled Rates This Week, But Buyers Hold More Cards Than Ever

I hope your week is going well! This one has had some drama in the markets, so let me walk you through what happened and what it means for you. Here’s Where Rates Stand Freddie Mac’s weekly average rose about a tenth of a percent last week, its highest level in at least a year

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Rates Hit Multi-Year Highs, But Buyers Are Finding More Room to Negotiate

I hope your week is going well! Rates have been the talk of the town, so let me share what is behind the headlines and where the opportunities are hiding. Here’s where rates stand: Freddie Mac’s weekly average jumped about a quarter of a percent last week, putting it nearly a full percentage point above

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

A Rough Week for Bonds, and Where Buyers Can Still Find Opportunities

I hope your week is going well! It has been a turbulent stretch for rates, so let me break down what happened and what it means for you. Here’s Where Rates Stand Mortgage rates climbed again, up roughly a quarter of a percent in just two weeks by Freddie Mac’s measure, and daily rates are

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Why the Fed’s Hike Didn’t Send Mortgage Rates Soaring

Last week the Fed raised rates for the first time in three years, and I’ve heard one question more than any other: does that mean mortgage rates just went up? Let me clear that up. The Fed does not set mortgage rates. It controls the overnight rate, which has a quicker effect on HELOCs, credit

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The Fed Just Hiked Rates, Here Is What That Actually Means for You

Hope your week is going well! It has been a big week for rates, so let me break down what happened and why it matters. Rates climbed for six straight days heading into this week’s Fed meeting, the sharpest jump we have seen since late 2024, and touched their highest point since early last year.

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Rates Break Higher on a Global Bond Selloff, and Buyer Demand Finally Cools

Hope your week is going well! It has been an eventful week for rates and housing, so here is what actually matters for you. Rates ticked up to their highest point this year, and the bigger story is happening overseas. Bond yields in places like Japan and the UK have climbed to levels not seen

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Bond Market at a Crossroads, and Buyers Are Gaining Room to Negotiate

Hope your week is going well! It has been a quietly important week in the mortgage and housing world, so here is what actually matters for you. The encouraging news first: rates eased slightly again this week, though they remain just above this year’s highs. Behind the scenes, a few things are lining up that

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Rates Ease for a Second Week, and New-Home Buyers Gain Leverage

Hope your week is going well! There was a lot moving in the mortgage and housing world, so here is what actually matters for you. The encouraging news first: rates eased for a second straight week. If you have been checking day to day, you may have noticed some choppiness, and that is normal. Bond

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Summer Real Estate Realities: What Local Trends and Record Programs Mean for You

As we navigate the peak of summer, I want to bring you clarity on what is really happening in our housing and mortgage markets. The headlines love drama, but when we look beneath the surface, there are incredible opportunities for buyers, sellers, and industry partners alike. Here is your quick breakdown of what you need

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