Mortgage interest rates held relatively steady on November 7, 2025, with many lenders offering 30-year fixed-rate mortgages around the 7.50% mark. This rate represents a slight decline from recent highs, offering potential relief to prospective homebuyers who have struggled with rising borrowing costs throughout 2023 and 2024. Shorter-term options, such as 15-year fixed-rate loans, saw…
**McDonald’s Q3 Sales Beat Expectations Despite Lower Traffic from Low-Income Consumers** McDonald’s reported stronger-than-expected sales for the third quarter, even as it saw a decline in visits from low-income customers. The fast-food giant credited its successful results to price increases and continued demand for classic menu items. International markets also helped boost McDonald’s performance, balancing…
Mortgage interest rates are projected to remain relatively high through November 2025, with some economists predicting rates could range between 6% and 7%. Despite the Federal Reserve pausing rate hikes in 2024, lingering inflation and a resilient job market are expected to keep borrowing costs elevated. These dynamics continue to challenge homebuyers, many of whom…
Recent data show cooling consumer confidence, persistent inflation, steady jobs, and high rates shaping Arizona real estate opportunities and challenges.
Inflation, as discussed in the referenced Reddit thread, refers to the rapid expansion of the universe that occurred just fractions of a second after the Big Bang. The theory of cosmic inflation was introduced to address certain problems with the standard Big Bang model, such as the horizon and flatness problems. It proposes that the…
After the Federal Reserve lowers interest rates, mortgage rates do not always follow the same path. Historically, while the Fed’s decisions influence short-term borrowing costs, long-term mortgage rates respond more directly to market expectations and investor sentiment. For example, after the Fed made a series of rate cuts in 2019, mortgage interest rates declined considerably,…
**Inflation Trends** Inflation has been on the rise lately, but several factors are keeping it in check. One major influence is the slow growth of wages, which makes it difficult for many workers to keep up with rising prices. Additionally, rents have started to decline in some areas, easing the pressure on household budgets and…
Mortgage refinance rates have experienced slight fluctuations as October 2025 draws to a close. The average rate for a 30-year fixed refinance now sits at 7.74%, a small increase from prior days, while the 15-year fixed refinance saw a modest decline to 7.03%. Meanwhile, the average rate for a 20-year fixed refinance dipped to 7.53%,…
**Federal Reserve Cuts Interest Rates Again** The Federal Reserve has lowered interest rates for the second time in a row, bringing them to their lowest level in three years. This move is aimed at stimulating economic growth amid concerns over slowing expansion and global uncertainties. Policymakers cited signs of weaker business investment and ongoing trade…
Mortgage rates have inched downward to close out the week of October 28, 2025, offering a modest reprieve to prospective homebuyers. The average rate for a 30-year fixed mortgage sits at 7.94%, while 15-year fixed-rate mortgages are averaging 7.23%. Adjustable-rate mortgages, such as the 5/1 ARM, are seeing average rates around 6.84%. Although rates remain…