Weekly Market Update

Mortgage rates remained steady last week, offering continued stability and a welcome sense of calm for homebuyers and homeowners alike. Economic signals painted a balanced and encouraging picture—while existing home sales saw a slight dip, new home sales climbed, showing that demand for housing remains strong in key areas of the market.

This week brings an exciting mix of important economic reports along with a Federal Reserve meeting. Although the President is advocating for supportive monetary policy, the Fed is expected to stay true to its mission: promoting steady prices and a healthy job market. With inflation gradually picking up and the labor market showing ongoing strength, the Fed is well-positioned to maintain its current stance.

Looking ahead, the economic outlook continues to show promise. GDP is expected to rebound, reflecting renewed momentum after early-year adjustments tied to trade activity. Altogether, the data points to a resilient economy with solid fundamentals—great news for those considering a home purchase or refinance.

If you, or anyone you know, is interested in obtaining mortgage financing, reach out to my team today at 541-815-6596. We’re here to help you take advantage of today’s opportunities with expert guidance and personalized service.