I wanted to keep you updated on the latest happenings in the mortgage world. We’ve seen some interesting developments lately, and I’m here to help you make sense of it all. Rates Are Down, but Stay Alert! Interest rates are at their lowest point in 2024 and are even nearing the best levels we’ve seen
Did you enjoy your Labor Day Weekend? I hope so! And I hope you’re enjoying these last days of summer. The housing market, much like the changing seasons, is showing signs of both stability and transition. Let’s dive into the latest updates. Interest Rates: A Cautious Dance The recent PCE inflation data, which is the
Good news for homebuyers continues… Interest Rates Update Interest rates have recently reached their lowest levels of the year, and the trend suggests a possible further decline. This past week, the release of the Fed Minutes revealed that several officials preferred to cut rates at the July meeting. This news, along with signs of weakness
I want to take a moment to update you on some important developments in the housing market and what they could mean for you.
There’s some exciting news in the mortgage market! Recent economic data and housing trends point towards a more favorable environment for both homeowners and potential buyers. Interest Rate Rollercoaster Recent weeks have seen significant fluctuations in interest rates. While we’ve experienced some welcome declines, it’s essential to remember that these shifts are influenced by a
I’m excited to share some encouraging news about the mortgage market. We’ve been seeing positive trends that could benefit homeowners and homebuyers alike. Interest Rates on the Decline Interest rates have been steadily decreasing, offering a welcome reprieve for those looking to purchase a home or refinance their mortgage. We saw rates drop to lows
It’s been a wild week in the mortgage market! Interest rates have taken another turn, and economic news is a mixed bag. Let’s break it down. Interest Rates Taking a Breather Great news! Mortgage rates dipped this week, offering some relief to homebuyers. While it’s a small victory, it’s a step in the right direction.
Good news! Mortgage rates have continued their downward trend this past week, reaching even lower levels. Let’s dive into the details and see what this means for potential homebuyers. The Fed: A Tug-of-War While the Federal Reserve has signaled a potential rate cut, there’s still some uncertainty about the timing and magnitude of these reductions.
Good news! Mortgage rates have continued their recent downward trend, reaching their lowest levels in five months. Also, the average rates for the 15-year and 30-year fixed are lower now than they were a year ago by .13 and .07 percent, respectively, according to Freddie Mac’s weekly survey. This is welcome news for homebuyers who
Happy belated Fourth of July! I hope you enjoyed celebrating our nation’s independence with your loved ones. A Look Back at the First Half of 2024 The good news is that home loan rates closed out the first half of the year on a positive note, reaching their lowest levels since early April. This improvement
