Tag Archives: unemployment rate

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Balance in Housing Market Continues to Improve for Buyers

By , , , , , ,

As we’ve been pointing out, the housing market is shifting and the data I’m seeing continues to provide proof. Realtor.com reported that the time homes for sale are on the market increased 5 days more than last year at the same time, however, homes are still selling 22 days faster than they did pre-pandemic.  Home

Read More

An image with a white background and black compass that says: "Your Weekly Mortgage Market Update Brought to you by Pacific Financial Mortgage & Real Estate Inc.

Important Fed Meeting & Jobs Report This Week

By , , , , , ,

This week’s Fed Meeting is taking center stage as a driver of the direction of markets and mortgage rates. As a move to combat inflation, the Fed is anticipated to raise the Fed Funds Rate (the lending rate it charges banks) by .50 percent. This will likely ripple through the lending and investment markets. To

Read More