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
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
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
Hey there! Hope you’re having a great week! It’s been a volatile week in housing and financial markets, and this past week brought some interesting developments. You might have noticed a slight uptick in interest rates recently, with the 30-year fixed rate averaging around .05 percent higher according to Freddie Mac. While this is up
Well, it’s been another interesting week in the world of mortgages and real estate, hasn’t it? As we navigate the spring buying season, I wanted to share a quick update on what’s been happening in the market and what it might mean for you, whether you’re a current homeowner, a prospective buyer, or a valued
Hey there! I wanted to give you a quick update on what’s been happening in the mortgage market. It’s been a bit of a rollercoaster lately, but there’s some good news mixed in! The past week or so has definitely been a wild ride. We saw significant volatility in the bond market, largely driven by
Hope you’re having an enjoyable week! As we navigate the ever-evolving mortgage landscape, I wanted to share some insights into recent market movements and what they might mean for you. Last week, we saw an interesting dynamic unfold. Amidst global economic uncertainties, particularly around potential tariffs, investors sought the safety of bonds. This “safe haven
Hope you’re having a great week! Lots happening in the markets. My purpose with this newsletter is to keep you informed about what’s happening in the market, even when things get a little bumpy. This week, we saw some mixed signals, so let’s break it down. Recent data revealed inflation reared its head again with
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
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
