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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.

Your Mid-May Market Update: Rates, Inventory, and Good News!

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

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