BLOG

Sacramento Market Update 9.24.2025

    It seems mortgage rates will be sticky down here between 6 - 6.45%.Despite the FOMC meeting and the Fed Funds rate cut of .25bps, the 10yr yield and mortgage rates moved higher to end last week.The recent move lower was seemingly already baked in and mortgage lenders were trying to get ahead of

Sacramento Market Update 9.17.2025

View this email in your browser     FOMC week! Rate cuts are coming later today.  Will it be .25bps or .50bps?As we head into today's meeting.  The 10yr yield is sitting just above 4%.  As of yesterday, 30yr mortgages posted a national avg of 6.13%.  My preferred lender/broker, Dara Delgado - Home L

Sacramento Market Update 09.10.2025

    We had big news to end the week last Friday with the Non-Farm Payroll jobs report.  August jobs came in at only +22,000, and it also included a revision to jobs in June showing a negative print!  The job market is weak, but not broken.  So, the Fed is no doubt cutting rates next week, and the qu