Tag Archives: pce index

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Critical Fed Meeting This Week Before August Break

This should be an interesting week in markets as we have an important Fed Meeting coming up, adjourning mid-week, among a slew of high-impact economic and housing reports.  Yes, we’re hearing much drama in the media about housing and whether bubbles are bursting or not. Although none of us knows the future, what I do

Read More

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Push and Pull of Volatility and Why It’s Happening…

We are tracking lots going on here at home and globally that are creating more volatility than normal in markets and mortgage rates. Last week we saw mortgage rates rise again thanks to high inflation numbers and stronger than expected consumer spending. The average rate trend for the 30-year fixed mortgage is nearing four percent,

Read More

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Are You Considering a Second Home or High Balance Mortgage??

First, let me start with an important announcement…for all newly originated second home and high balance mortgages the fees are going up substantially for all loans locked in after February 9th. So, if this might be you and you’re thinking of purchasing this year, please reach out to me right away so we can save

Read More