Mortgage Rates Stay Resilient

Mortgage Rates Stay Resilient

  This week, the focus was on Friday’s jobs report because it can affect mortgage rates.  The report showed that the number of jobs added was higher than expected, and the unemployment rate also decreased slightly to 3.7% from 3.9%. The report was good and rates went up, but not as much as the industry […]

Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall The current state of residential mortgage rates in Southern California as of December 01, 2023 shows a diverse range of rates based on different loan types, but they continue to creep down. The average rate for a 30-year mortgage has recently decreased to 7.22%, marking the lowest level in 10 […]