Tag Archives: refinance

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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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Why Mortgage Rates Are at a 10-Month Low and What’s Next

Hey there! Hope you and yours had a great Labor Day weekend! Welcome back, and I’ve got great news for anyone thinking about buying a home or refinancing: average mortgage rates have fallen to their lowest levels in more than 10 months. This is a significant development that has been driving increased interest from prospective

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

Your July Market Update: Rates, Refinancing, and the Road Ahead!

Hope you had a fabulous 4th of July weekend! As we celebrate the spirit of independence this July, it’s also a great time to reflect on your financial freedom, especially when it comes to your mortgage. Just as the Fourth of July reminds us of unity and progress, we’re seeing some interesting shifts in the

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

Navigating the Market Shifts Together

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

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Market Moves & Mortgage Musings – Let’s Chat!

Well, it’s been another interesting week in the mortgage world! As we head into the spring homebuying season, things are definitely picking up, and it’s essential to stay informed. First off, let’s talk rates. We saw a slight uptick this week, a bit of a pause after weeks of downward movement. This isn’t unexpected. Global

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

☕ Cozying Up to the Latest Mortgage Market Trends! ☕

Hope you had a wonderful Thanksgiving filled with good company, laughter, and maybe even a slice of pumpkin pie (or two!). As we head into December, I wanted to give you a quick update on what’s been happening in the mortgage world. Good news! Mortgage rates took a bit of a breather last week, offering

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

Market Update: Rates Holding Steady & What’s Next

Just wanted to give you a quick update on the mortgage market. Just like the drive to grandma’s house for Thanksgiving, it’s been a bit of a bumpy ride lately, but the good news is that rates seem to be stabilizing after that spike we saw in September. Here’s the scoop: — Rates are holding

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How the Housing Market Is Shaping up This Year…

As we settle into the new year, mortgage rates continue to move sideways after seeing significant improvement between late October and mid-December. Also, the 30-year fixed rate is only slightly higher, by .14 percent higher than this time a year ago, according to Freddie Mac’s survey of average mortgage rates. Friday, the latest Jobs Report

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New Home Sales Reach a 13-Month High!

Continuing their sideways trend, mortgage rates hung out within the same .10 percent range over the last week, according to Freddie Mac’s weekly survey of average rates. Analysts are finally seeing the issues over the debt ceiling to have a visible impact on longer-term bonds, which may translate to lower interest rates. We’ll have to

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