Chris Padilla Home Loans

05/02/2025

It was a triple threat for mortgages and we made it through the gauntlet little changed. Rates held steady in spite of some tough economic headwinds.

04/19/2025

Happy Easter!

It was a rebound week for mortgages that regained their footing after a difficult pair of weeks.

03/28/2025

Recession fears and weak consumer spending help mortgages move lower in spite of higher inflation

03/21/2025

Rates make more progress towards the LOWEST levels in months. Getting ready for the Spring!

02/28/2025

Rate momentum along with lower inflation carries us to the lowest rates this year

02/21/2025

Solid week for mortgages with some nice gains alongside some strong futures for housing

02/14/2025

Happy Valentine's Day!

A volatile week for mortgages that had its ups and downs but ended with little change

02/08/2025

Mixed jobs numbers hold mortgages steady for the week

02/02/2025

Fed Meeting, inflation, and improving mortgage rates.

01/25/2025

Mortgage rates ended the week relatively unchanged but the week was full of volatility.

Here were the biggest takeaways from this week:

1. Strong Existing Home Sales up 9.3% for the year of 2024
2. Weakening Rental data down 1.1% for the year of 2024
3. Biggest recent impacts on mortgage rates have been inflation and actions from President Trump

01/17/2025

Mortgages get some much needed relief on a news packed week!

01/13/2025

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