Hope you’re having a great week! Popping in to keep you updated on the latest happenings in the mortgage and housing markets. This week, the Federal Reserve’s decisions are playing a significant role in shaping the landscape. The Fed held steady on interest rates at their meeting last week, but their announcement to pause the
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! I wanted to give you a quick update on what’s happening in the mortgage market, as I know many of you are keeping a close eye on interest rates. This past week, we’ve seen rates hovering near two-month highs, but interestingly, they’re showing signs of a potential downward trend.
I hope this message finds you safe and well. My heart goes out to those impacted by the devastating local wildfires in California. What we’ve witnessed over this past week has been unimaginable! It’s during times like these that community support becomes more important than ever. Important Information for Wildfire-Affected Homeowners: If you’ve been affected
Happy belated Fourth of July! I hope you enjoyed celebrating our nation’s independence with your loved ones. A Look Back at the First Half of 2024 The good news is that home loan rates closed out the first half of the year on a positive note, reaching their lowest levels since early April. This improvement
If you’ve been following economic news, then you likely have seen the headlines that mortgage rates continue to climb. According to Freddie Mac’s most recent survey of average rates, published last week, the 30-year rate has risen to its highest level since 2001. This precipitous climb over the past few weeks has come largely as
As we kick off a new month, we’re seeing further evidence of the normalizing of the housing market. Yes, there’s still lots of doom and gloom in the media about housing. No, we don’t like change and uncertainty in the markets, but the truth is the housing market is becoming increasingly favorable for buyers. No,
