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
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
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
I want to take a moment to update you on some important developments in the housing market and what they could mean for you.
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
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
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
Good news first…mortgage rates continued to improve last week; however, we saw some conflicting signals that are impacting rates: The Fed: Higher for Longer, But Maybe Not Forever The Federal Reserve met last week and surprised many by indicating they might not cut rates as much as previously expected. While they’re sticking to their plan
Happy (almost) summer! As we pause this week and take a moment to honor those who served our country on Memorial Day, let’s also dive into the latest news affecting mortgage rates. The Week in Review: A Tug-of-War – This past week, interest rates saw some ups and downs. Here’s what caused the volatility: •
Let’s talk mortgage rates (it’s the number one question I get asked, lol)! It’s been a bit of a rollercoaster these past few weeks, and I wanted to give you a quick rundown of what’s been happening and what it means for homebuyers. Remember that big inflation report I mentioned last week? Well, the CPI
