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.
Hope you had a fabulous 4th of July weekend! As we celebrate the spirit of independence this July, it’s also a great time to reflect on your financial freedom, especially when it comes to your mortgage. Just as the Fourth of July reminds us of unity and progress, we’re seeing some interesting shifts in the
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)
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
As we come back to the work week following the Memorial Day weekend, I want to take a moment to reflect on the true meaning of the holiday. It’s a time to honor the brave men and women who made the ultimate sacrifice for our country. While we often kick off summer with barbecues and
Hope you’re having a great start to May! Welcome to Wednesday. I wanted to touch base with a quick update on the mortgage market and what some of the recent economic news means for you, whether you’re a current homeowner, thinking of buying, or a valued referral partner. We’ve seen some encouraging movement in interest
Hey there. I wanted to touch base and share a quick update on what I’m seeing in the mortgage and housing markets. It’s been a bit of a rollercoaster lately, but thankfully, we’ve seen a welcome period of calm settle in after some significant market movements. It was certainly reassuring to the markets to hear
Hope you’re having a great start to April! I’m popping in to keep you informed about the latest happenings in the mortgage and housing market. It’s a dynamic time, so staying in the loop is crucial, whether you’re ready to make a move now or in the future. This past week, we’ve seen mortgage rates
This week in the mortgage world has been a bit of a balancing act, with rates holding relatively steady despite some market volatility. Freddie Mac reported the trend for the 30-year fixed-rate mortgage essentially flat from last week, which is good news for those of you keeping a close eye on rates. We’ve seen some
Hope you’re having a great week! Here’s your update on what’s happening in the markets because it’s certainly been an interesting time. Good news first: we’ve seen mortgage rates continue their downward trend, hitting their lowest levels in four months! As of February 27th, Freddie Mac’s weekly survey reported the 30-year fixed-rate mortgage trended lower
