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
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
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
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
I want to take a moment to update you on some important developments in the housing market and what they could mean for you.
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
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
Mortgage rate volatility is still a thing as we saw rates whipsaw higher last week. Average rates as reported by Freddie Mac’s weekly survey showed a .42 percent increase for the 30-year fixed and .30 percent rise for the 15-year, which is a greater than typical move in rates. The data coming in continues to
As we kick off a new month, we’re seeing further evidence of the normalizing of the housing market. Yes, there’s still lots of doom and gloom in the media about housing. No, we don’t like change and uncertainty in the markets, but the truth is the housing market is becoming increasingly favorable for buyers. No,
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
