Tag Archives: mortgage rates

An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Well, that was a wild week! The election results definitely shook things up, and you might be wondering what it all means for your mortgage plans. Let’s break it down. Interest rates have been rather volatile this past week. They jumped up right after the election, with the 10-year Treasury yield nearing 4.50%. Why? The

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Navigating the Mortgage Maze: A Quick Update & Election Day Musings!

Hope you’re having a great week! It’s been a bit of a bumpy ride in the mortgage world lately, with interest rates continuing their upward climb. But don’t worry, I’m here to break it all down for you and share some insights on what’s happening as we head into Election Day, as of the writing

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

🤔 Rate Riddle: Why Are They Still Climbing? (And What You Can Do)

Yes, I know…it seems like every time we turn around, mortgage rates are a little bit higher recently! It’s enough to make your head spin, right? But don’t worry; I’m here to break it all down for you and offer some guidance in this shifting market. Here’s the lowdown: — Rates keep on truckin’ upwards.

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Mortgage Rates Taking a Breather… What’s Next?

Hope you’re having a wonderful week! Just wanted to keep you in the loop on the mortgage and housing markets. They’ve been a bit unpredictable lately, kind of like trying to guess what to make for dinner! (Anyone else relate? 😅) But there’s good news – things seem to be stabilizing, at least for the

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Navigating the Mortgage Maze: Your Guide to the Latest Market Trends

We’ve seen a good deal of volatility in the mortgage world lately, so I wanted to give you a quick update on what’s happening and what it means for you. Interest Rates: Ups and Downs Remember those fantastic rate dips we saw a few weeks ago? Well, mortgage rates have ticked up a bit since

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Mortgage Market Update: Navigating the Ups and Downs

It’s been a bit of a roller coaster in the mortgage market this week, with interest rates ticking up after a promising dip. I’ve got some good news and not so good news looking ahead.  The Not-So-Good News Increased tension in the Middle East, while often good for bonds, has pushed oil prices higher. And

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Exciting News in the Mortgage Market! Rates Improving!

Happy Fall! I’m stopping by today to share some exciting updates in the mortgage market that could present some fantastic opportunities for you. The Fed Takes Action As you may have heard, the Federal Reserve recently made a significant move by cutting the Fed funds rate by half a percent. This is the largest cut

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Positive Shifts in the Mortgage Market

I’m excited to share some encouraging news about the mortgage market. We’ve been seeing positive trends that could benefit homeowners and homebuyers alike. Interest Rates on the Decline  Interest rates have been steadily decreasing, offering a welcome reprieve for those looking to purchase a home or refinance their mortgage. We saw rates drop to lows

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An image of mountains and palm trees that says Weekly Mortgage Market Update - Pacific Financial Mortgage & Real Estate Inc.

Subject: Mortgage Rates: A Welcome Dip, But Stay Informed!

Good news! Mortgage rates have continued their recent downward trend, reaching their lowest levels in five months. Also, the average rates for the 15-year and 30-year fixed are lower now than they were a year ago by .13 and .07 percent, respectively, according to Freddie Mac’s weekly survey. This is welcome news for homebuyers who

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