Tag Archives: housing rates

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

Mortgage Rates Taking a Breather… What’s Next?

Hope you’re having a wonderful week! Just wanted to keep you in the loop on the mortgage and housing markets. They’ve been a bit unpredictable lately, kind of like trying to guess what to make for dinner! (Anyone else relate? 😅) But there’s good news – things seem to be stabilizing, at least for the

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

Navigating the Mortgage Maze: Your Guide to the Latest Market Trends

We’ve seen a good deal of volatility in the mortgage world lately, so I wanted to give you a quick update on what’s happening and what it means for you. Interest Rates: Ups and Downs Remember those fantastic rate dips we saw a few weeks ago? Well, mortgage rates have ticked up a bit since

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

Mortgage Market Update: Navigating the Ups and Downs

It’s been a bit of a roller coaster in the mortgage market this week, with interest rates ticking up after a promising dip. I’ve got some good news and not so good news looking ahead.  The Not-So-Good News Increased tension in the Middle East, while often good for bonds, has pushed oil prices higher. And

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

Mortgage Market Update & Exciting Opportunities!

Hope you’re having a wonderful week! I wanted to share some important updates on the mortgage market and discuss how these trends could translate into real savings for you. Interest Rates: A Rollercoaster Ride (But Heading in the Right Direction!) As you may have heard, interest rates have been fluctuating lately. While they ticked up

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

Big News: Fed Drops Rates—Time to Lock in Low Mortgage Rates!

Hold on to your hats today because the mortgage market has been buzzing with activity, and I wanted to keep you in the loop about the latest developments. Interest Rates: Reaching New Lows Great news! Interest rates have hit their lowest point of the year, even touching levels not seen since early 2023! This positive

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

Welcome to September! Here’s your Housing Market Update

Did you enjoy your Labor Day Weekend? I hope so! And I hope you’re enjoying these last days of summer. The housing market, much like the changing seasons, is showing signs of both stability and transition. Let’s dive into the latest updates. Interest Rates: A Cautious Dance The recent PCE inflation data, which is the

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

Housing Market Update – Interest Rates and New Home Sales

Good news for homebuyers continues… Interest Rates Update Interest rates have recently reached their lowest levels of the year, and the trend suggests a possible further decline. This past week, the release of the Fed Minutes revealed that several officials preferred to cut rates at the July meeting. This news, along with signs of weakness

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

Positive Signs for Mortgage Rates and Market Activity

There’s some exciting news in the mortgage market! Recent economic data and housing trends point towards a more favorable environment for both homeowners and potential buyers. Interest Rate Rollercoaster Recent weeks have seen significant fluctuations in interest rates. While we’ve experienced some welcome declines, it’s essential to remember that these shifts are influenced by a

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

Mortgage Rates Continue to Improve: A Closer Look

Good news! Mortgage rates have continued their downward trend this past week, reaching even lower levels. Let’s dive into the details and see what this means for potential homebuyers. The Fed: A Tug-of-War While the Federal Reserve has signaled a potential rate cut, there’s still some uncertainty about the timing and magnitude of these reductions.

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