Tag Archives: Jobs report

Pacific Financial Mortgage

Important Jobs Report Friday

As a nice kick-off to summer, the survey of average mortgage rates showed a little improvement last week as we headed off for the long Memorial Day Weekend. According to Freddie Mac’s weekly survey, average mortgage rates fell by .05 percent in their survey.  There’s lots of talk in the media about housing and whether

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Pacific Financial Mortgage

What’s Happening Now With Jobs, Inflation, and Rates

We’ve watched as mortgage rates have remained rather steady over the past three weeks and according to Freddie Mac’s weekly survey, averages remained below 3 percent for the 30-year fixed.  Friday’s job creation numbers dragged on markets showing a disappointing 266,000 new jobs created when a number much closer to 1 million was expected. Interestingly

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Pacific Financial Mortgage

Time (and inflation) look to be changing…

Last week, mortgage rates remained rather steady. And according to the latest survey published by Freddie Mac, the average fixed rates remain below 3 percent, continuing to offer opportunities to refinance or purchase.  However, there may be changes happening on the horizon that we need to be aware of. As we all know, inventory of homes remains a

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Pacific Financial Mortgage

Optimism in Job Market and Economy Urging Rates Higher

Hope you are having a great week! We saw mortgage rates remain rather steady last week, even in the face of a very encouraging and robust Jobs Report. Friday’s report on the nation’s employment picture showed new job creation come in just shy of 1 million while the unemployment rate ticked lower and the number

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Pacific Financial Mortgage

Housing Strong, Even as Rates Continue to Tick Higher

The demand for homes continues to show strength as Americans’ idea of ‘home’ has shifted during this pandemic. Demand still outpaces supply, even as the average mortgage rates rise, according to the latest survey published by Freddie Mac.  This week will likely be an exciting ride for markets and mortgage rates as we see the

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