Tag Archives: Rates News

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December Update: The Fed, Shifting Rates, and What This Means for Your Home Goals

As we officially step into the heart of December, I hope this email finds you well, happy, and perhaps already enjoying the magic of the season! This past week was one for the history books, and I want to make sure I break down the big news for you. Whether you’re a long-time homeowner, thinking

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

Rates are Knocking on 2025’s Lows (Plus a Fed Cut is Looking Likely!)

I hope you all had a wonderful, restful Thanksgiving holiday! I’m back with an important market update, and for those of you hoping for better financing options, this is a positive one. We’re seeing some really encouraging movement in the bond and mortgage markets thanks to some clarity from the Federal Reserve. The Big News:

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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 Government Reopening Means for Your Wallet, Rates, and the Market Ahead

I hope you’re having a wonderful week! It’s been a significant few days in the financial and housing world. After the longest U.S. government shutdown in history ended, markets reacted with clear relief. This stability is important because it means interest rates are holding near the best levels of the year. The 10-Year Treasury yield,

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

Is Good News Bad News? Plus, The Big Debate on 50-Year Mortgages

I hope you’re having a great week! This week, let’s tackle two major topics in the news that directly affect your financial well-being. Navigating Rates: The “Good News is Bad News” Dynamic First, let’s talk about interest rates. After a period of calm, we’ve seen rates tick higher again, with the 30-year fixed averaging .05

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

Is a Rate Cut a Good Thing for Mortgage Rates?

I hope you’re having a fantastic week. It’s hard to believe we’re already at the beginning of October! The big news this week was the Fed’s recent rate cut, which you would think would lead to lower mortgage rates, right? Well, that’s where things get interesting. After the Fed’s announcement, mortgage rates actually crept up

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

What a Week! The Fed, Rates, and What It All Means for You.

I hope you’re having a wonderful week! The past 7 days have been a whirlwind. It feels like every day brings a new piece of news, from the Federal Reserve’s big announcement to the latest on mortgage rates. I wanted to take a moment to break it all down for you in a simple, straightforward

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

Big News: Mortgage Rates Are at Their Lowest Point in Nearly a Year!

Big changes are happening in the mortgage market! Last week, we saw mortgage rates drop to their lowest levels in almost a year. This is a significant development and a major reason for optimism as we head into this week’s Federal Reserve meeting. Low Rates Drive High Activity This downward trend in rates, which has

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

Your Mid-July Market Update: Rates, Credit Scores, and the Housing Puzzle!

I hope you are enjoying these dog days of summer! I’m stopping by today to keep you informed about the latest developments that could impact your homeownership journey. This past week brought some interesting shifts, from Federal Reserve insights to a major change in credit scoring, all while mortgage rates saw a slight uptick. Let’s

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

Your Housing Market Update: Rates, Inventory, and Savings

Good news! Mortgage rates are holding steady, as they have been over the past few months. This week’s average rate dipped slightly by .01 percent for a 30-year fixed. Inflation cooled more than expected in May. The headline Consumer Price Index clocked in at just 2.5 percent year-over-year, its lowest reading in four years. Even

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

A Quick Market Update & How I’m Here for YOU!

Hope you’re enjoying a beautiful summer week! We’re happy to see the sun and have some warm weather after lots of rain here. I wanted to share a quick update on what’s been happening in the housing and mortgage markets. It’s been a bit of a mixed bag lately, with some interesting shifts, and I

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