Tag Archives: mortgage rates

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

Mortgage Market Update: A Breath of Fresh Air?

Hope you’re having a productive week! I wanted to share a quick update on the mortgage market, as there’s some interesting movement happening behind the scenes. Optimistic Indicators While the headlines might not scream “major rate drop,” there’s definitely cause for optimism. This past week, despite the Fed holding steady on rates, we’ve seen some

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

Good News on Rates + A Look at the Housing Market 🏡

As we get rolling after a holiday-shortened week, thanks to the observance of Martin Luther King Jr. Day, I have some encouraging news to share about mortgage rates, plus a quick look at what’s happening in the housing market. My thoughts and prayers continue to go out to all our friends, clients, and the communities

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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 & Support for Wildfire-Affected Communities 🏡

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

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

2025 Mortgage Market Update: A Rollercoaster Ride Ahead?

Happy New Year! I hope you had a wonderful holiday season. As we kick off 2025, I wanted to give you a quick update on the mortgage market and what we might expect in the coming months. The January Effect Interest rates ended 2024 around 7 percent – higher than many analysts anticipated 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.

Market Update & A Look Ahead 🏡

Hope you’re having a great week and a wonderful holiday season! I wanted to share some insights on the mortgage market and what might be in store for us in the coming months. Interest Rates Good news! Mortgage rates have been declining for the past few weeks. According to Freddie Mac’s latest survey of average

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

☕ Cozying Up to the Latest Mortgage Market Trends! ☕

Hope you had a wonderful Thanksgiving filled with good company, laughter, and maybe even a slice of pumpkin pie (or two!). As we head into December, I wanted to give you a quick update on what’s been happening in the mortgage world. Good news! Mortgage rates took a bit of a breather last week, offering

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

Market Update: Rates Holding Steady & What’s Next

Just wanted to give you a quick update on the mortgage market. Just like the drive to grandma’s house for Thanksgiving, it’s been a bit of a bumpy ride lately, but the good news is that rates seem to be stabilizing after that spike we saw in September. Here’s the scoop: — Rates are holding

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

What the Election Means for Your Mortgage

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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