Tag Archives: housing rates

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Improving Rate Trend and Inflation Reports This Week…

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We’re seeing a continuation of the trend of improving mortgage rates. According to Freddie Mac’s latest survey of average rates, the rate for a 30-year fixed-rate mortgage fell for the fourth straight week. This is welcome news to those eager to jump on the bandwagon for spring home-buying season. However, there are still challenges buyers

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An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Rates Volatile While Housing Market Stabilizes

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Volatility reigned last week, leaving mortgage rates higher once again, according to the weekly survey of average mortgage rates put out by Freddie Mac. Even though rates have been bouncing around, data continues to show that the housing market continues to move to a more balanced environment. Declines in demand for home purchases continue to

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