Rates Should be Flat for Majority of 2019 The Fed announced last week they do not expect to raise any interest rates for the remainder of 2019. Good news for us here locally in Costa Mesa, and a decision that should help both buyers and sellers in Costa Mesa this year. Federal Reserve Chair Powellread more
Costa Mesa Real Estate: Interest Rates Holding Steady
Costa Mesa real estate update! Good news for those still shopping for just the right home: Interest rates are still holding steady. Rates for jumbo mortgages still seem to be the lowest, as the rate sheet from Wells Fargo shows to the right. Conventional 30 year fixed rates are in the same ball park, butread more
When Will Interest Rates Rise ?
How soon are Costa Mesa mortgage interest rates expected to rise? Last week, on the heels of a jobs report that completely missed expectations, Costa Mesa mortgage rates dropped dramatically to 1-month lows… settling in around 4.5%. The fact that only 74k new jobs were created in December when estimates were closer to 200k, helpedread more
A History of Interest Rates
With interest rates for Costa Mesa real estate housing squarely in the mid 3% range, it’s hard to imagine what interest rates in the double digits ever looked like. I know looking back in say 8 or 10 years we will consider this time to be the golden era for rates. I moved as anread more