Category: MortgagePage 1 of 4

Freddie Mac Weekly Mortgage Rate Survey for July 21, 2022

From Freddie Mac (7/21/2022): “The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation, and a potential…

Freddie Mac Weekly Mortgage Rate Survey for July 14, 2022

From Freddie Mac (7/14/2022): “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices…

Freddie Mac Weekly Mortgage Rate Survey for July 7, 2022

From Freddie Mac (7/7/2022): “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise. While…

Freddie Mac Weekly Mortgage Rate Survey for June 30, 2022

From Freddie Mac (6/30/2022): “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an…

Freddie Mac Weekly Mortgage Rate Survey for June 23, 2022

From Freddie Mac (6/23/2022): “Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and…

Freddie Mac Weekly Mortgage Rate Survey for June 16, 2022

From Freddie Mac (6/16/2022): “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey…

Houston, We Have A Problem

US credit card debt and annual percentage rates are near all-time highs. Inflation hit a 40-year high (again) in May. Meanwhile, the personal savings rate in the US…

Freddie Mac Weekly Mortgage Rate Survey for June 9, 2022

From Freddie Mac (6/9/2022): “After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing…

Your Government Loan Expert

ARIZONA HOMEOWNERS AND HOMEBUYERS: LET ME HELP YOU ON YOUR NEXT FHA OR VA MORTGAGE! Here are the highlights of my government loan programs. Call or message me…

Freddie Mac Weekly Mortgage Rate Survey for June 2, 2022

From Freddie Mac (6/2/2022): “Mortgage rates continued to inch downward this week but are still significantly higher than last year, affecting affordability and purchase demand. Heading into the…

Freddie Mac Weekly Mortgage Rate Survey for May 26, 2022

From Freddie Mac (5/26/2022): “Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing. Despite the recent moderation in…

Freddie Mac Weekly Mortgage Rate Survey for May 19, 2022

From Freddie Mac (5/19/2022): “Economic uncertainty is causing mortgage rate volatility. As a result, purchase demand is waning, and homebuilder sentiment has dropped to the lowest level in…

Freddie Mac Weekly Mortgage Rate Survey for May 12, 2022

From Freddie Mac (5/12/2022): “Homebuyers continue to show resilience even though rising mortgage rates are causing monthly payments to increase by about one-third as compared to a year…

Veterans: Tap Into Your Home Equity

VETERANS: Buyers: I rebate 25% of my commission towards your closing costs when I represent you. Sellers: Get Results for Less Commission – My Sellers save THOUSANDS!!! Mortgage:…

Freddie Mac Weekly Mortgage Rate Survey for May 5, 2022

From Freddie Mac (5/5/2022): “Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009. While housing affordability and inflationary pressures pose…

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