The big news this week is fantastic: mortgage rates hit their lowest level in over a year! I know the news can be overwhelming and often scary, so I want to break down what’s driving this exciting movement and—more importantly—what it means for you, whether you’re looking to buy your first home, refinance, or simply
I hope you’re staying cozy as we head deeper into the fall! This week has been all about signals—signals from the Federal Reserve, signals from the housing market, and even a signal about the very best time to buy a home. The Fed Speaks Out (Before the Quiet) This past week brought a flurry of
I hope you’re all having a great week! It’s been a little quieter on the economic data front, but what we did get this week, along with some great insights into the housing market, gives us a lot to talk about. What’s Happening with Rates? The big story this week is that mortgage rates continue
I hope you’re having a fantastic week. It’s hard to believe we’re already at the beginning of October! The big news this week was the Fed’s recent rate cut, which you would think would lead to lower mortgage rates, right? Well, that’s where things get interesting. After the Fed’s announcement, mortgage rates actually crept up
I hope you’re having a wonderful week! The past 7 days have been a whirlwind. It feels like every day brings a new piece of news, from the Federal Reserve’s big announcement to the latest on mortgage rates. I wanted to take a moment to break it all down for you in a simple, straightforward
Big changes are happening in the mortgage market! Last week, we saw mortgage rates drop to their lowest levels in almost a year. This is a significant development and a major reason for optimism as we head into this week’s Federal Reserve meeting. Low Rates Drive High Activity This downward trend in rates, which has
As we enjoy the waning days of late summer, the air isn’t the only thing changing—the mortgage market is, too. Last week was a big one, with 30-year mortgage rates hitting their lowest point since October 2024. This drop, while slight, is a major headline and a positive sign for both prospective homebuyers and current
The past week in the mortgage market has been a story of stability, with mortgage rates holding near 10-month lows. This steadiness comes even as the Federal Reserve’s July meeting minutes were released and stock markets saw some notable shifts. What’s really going on with rates, and what should you watch for next? Let’s dive
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.
There’s been a lot of movement in the market lately, and I wanted to break down what it all means for you. It’s been a truly eventful couple of weeks, with interest rates touching their best levels in 10 months and some fascinating news from the jobs report and inflation data. Here’s a quick look
