Mortgage Rates trending higher

Freddie Mac’s weekly mortgage rate report (PMMS) based on a survey of mortgage interest rates from applications last week show that mortgage rates continued to move higher.

20190425pmms

You can see from the graph that mortgage rates are still very low…just not as low as they were for a couple weeks in late March.

Of course it’s important to note that the report is showing an average from last week… and you can only have a mortgage rate from last week IF you locked in that rate last week.

If you are considering buying or refinancing a home located anywhere in Washington state, or if you would like to see current mortgage rates for your Washington home, please contact me! I am happy to help you or anyone you know.

 

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