Tag Archives: pce inflation

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Mortgage Rate Update: Mixed Signals, But Hope Remains for Homebuyers!

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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: •

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Rates Again Improve…Is the Stage Set for Busy Spring Season?

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Again this week I’m happy to report that Freddie Mac’s weekly survey shows that the trend for mortgage rates continues to improve. We saw the average rates for 30-year fixed mortgages drop by .18 percent, just this week; and the 15-year average rate fall by .24 percent! Freddie Mac’s chief economist, Sam Khater, commented that

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