The Federal Reserve cut rates again, but mortgage rates actually rose. Learn why this happens, what Powell said, and what it means for homebuyers.
Published on 10/29/2025
What an incredible evening! Last night’s Sunset Rooftop Yoga Event was everything we hoped it would be — a perfect blend of wellness, food, and community connection under the San Diego sky.
Published on 10/23/2025
The average 30-year fixed mortgage rate is hovering near 3-year lows as bond markets hold steady amid limited economic data. Learn why rates remain low and what could move them next.
Published on 10/22/2025
here’s something magical about yoga at sunset — the soft light, the ocean breeze, and the feeling of collective calm as the city begins to slow down. This month, we’re bringing that magic to life with a special rooftop yoga event right here at our building.
Published on 10/16/2025
A new Realtor.com survey reveals that 1 in 5 Gen Z adults say housing affordability is their top life concern. Learn how young buyers are adapting, saving, and staying determined to achieve homeownership.
Published on 10/15/2025
On October 9, 2025, the average 30-year fixed mortgage rate edged slightly higher to 6.38% after a weaker 30-year Treasury auction and mild MBS underperformance. Rates remain stable within a narrow range as the government shutdown continues.
Published on 10/10/2025
On October 1, 2025, the average 30-year fixed mortgage rate held at 6.37% after weak private payroll data. Bigger shifts may follow when the delayed government jobs report is released.
Published on 10/01/2025
At Park Place Collective, we’re always looking for innovative ways to help our clients, partners, and future homeowners achieve their real estate goals with confidence. That’s why we’re excited to introduce our Permanent Mortgage Rate Buydown Program—a strategy designed to create long-term affordability and make today’s market more accessible.
Published on 09/26/2025
At Park Place Collective, our mission has always gone beyond homeownership and financial solutions—we believe in building stronger, healthier communities. That’s why we’re thrilled to share some exciting news: Joe and Marni Costa and the Park Place Collective team are now ambassadors for THE REAL Mental Health Foundation.
Published on 09/26/2025
Affordability is finally improving this fall thanks to lower average 30-year fixed mortgage rates, slower home price growth, and rising wages. Learn why now could be the right time to buy.
Published on 09/26/2025
After touching yearly lows early in the week, the average 30-year fixed rose following the Fed’s rate cut—thanks to the dot plot and Powell’s comments. Still, mortgage applications just saw their biggest weekly jump since 2021 as homeowners reacted to earlier rate declines. Here’s what it means for buyers and homeowners.
Published on 09/19/2025
The Federal Reserve just announced a rate cut, lowering the federal funds target range from 4.25%–4.50% to 4.00%–4.25%. While this isn’t the mortgage rate itself, the move has an immediate and long-term impact on the housing and lending market.
Published on 09/17/2025
The Federal Housing Finance Agency (FHFA) has announced the new conforming loan limits for 2026, and they’ve once again increased, giving buyers and homeowners more flexibility and opportunity in today’s housing market.
Published on 09/17/2025
The average 30-year fixed is holding near the lowest levels since October 2024 after a weak jobs report and cooler inflation. Here’s why—and what to watch at next week’s Fed meeting.
Published on 09/12/2025
September 11 is a day forever etched in memory—a day that reshaped the world, our city, and our lives. For me, it was not only an event I witnessed on television, but a reality I lived through while in my office in midtown Manhattan.
Published on 09/11/2025
When: Saturday, September 13, 2025 • 9:00 AM – 12:30 PM Where: Little Italy Core Power Yoga (San Diego)
Published on 09/10/2025
At Joe Costa and Park Place Collective, we believe everyone deserves the opportunity to achieve the dream of homeownership. That’s why we’re proud to introduce the Freedom Down Payment Assistance Program (Freedom DPA)—a truly unique solution designed to remove one of the biggest barriers to buying a home: the down payment.
Published on 09/05/2025
At Park Place Collective, we understand the aviation industry like few others do. Pilots, flight attendants, ground crew, and contractors all face unique financial realities—irregular schedules, variable income, and frequent relocations. That’s why we created specialized mortgage programs designed specifically for aviation employees and contractors.
Published on 09/04/2025
Mortgage rates are holding near 10-month lows—but don’t assume they’ll stay there. Learn why rates move, what drives them, and what smart buyers and homeowners should do next.
Published on 09/03/2025
After Powell's Jackson Hole speech, mortgage rates hit their lowest levels since Oct 2024. But don’t get too comfortable—more movement could be coming after Friday’s inflation data and next week's jobs report.
Published on 08/27/2025
