Mortgage Rates (Freddie Mac):
- The average 30-year fixed rate decreased this week to 6.27% vs 6.3% last week
- Mortgage rates inched down and have remained relatively stable in recent weeks
- The Federal Reserve’s next meeting is scheduled for October 28-29, with markets expecting a 25 bps interest rate cut
- While Fed rate changes don’t directly determine mortgage rates, a cut would likely support the recent downward trend in borrowing costs!
🏠 Fitness and View Fanatics:
- Fitness and pool lovers will be pleased to know that a new Equinox is set to open in Santa Monica
- I've been told the official opening is the second week of December!
- The club features a rooftop pool with ocean views, saunas, cold plunges and an overall luxury experience
- If you're interested - check out the info here >> Equinox Santa Monica East.
