Mortgage rates holding steady at record lows

Freddie Mac’s weekly survey of mortgage rates (PMMS) were released this morning showing rates remaining at near record lows.


Last week, the 30 year fixed averaged 3.90 priced with a half point at “year-to-date lows amidst ongoing economic uncertainty”. The uncertainty in the markets are providing a great opportunity for those who can lock in a low rate with a refinance.

It’s important to note that several factors impact the pricing of mortgage rates, such as loan to value (home equity), credit scores and debt-to-income ratios…and rates change constantly. Today’s rates may (and probably are) different than what was quoted last week.

If you’re home is located anywhere in Washington state, I’m happy to help you! Click here for a no hassle rate quote to get current pricing for your scenario.

Mortgage interest rates stabilizing

Freddie Mac’s PMMS was released this morning showing that mortgage appear to be calming down…for now.

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Mortgage rates remain low following the Jobs Report

This morning the August Jobs Report came in with slightly weaker data than expected with only 151k non-farm payroll jobs added.

Yesterday, Freddie Mac released their PMMS report showing the 30 year fixed conventional rate still hanging around (just below) 3.500%.

2016 09 01 pmms

If you’ve been contemplating refinancing, it could be time to get off your duff! If your home is located anywhere in Washington state, I’m happy to help you. Click here for a no-hassle mortgage rate quote.

PS: Our office will be closed on Monday for Labor Day. I hope you have a wonderful holiday weekend!

Freddie Mac Reports Rates Continue Lower for 4th Week in a Row

Freddie Mac’s PMMS Report reveals that conforming mortgage rates continued to trend lower last week with the 30 year conventional averaging 3.79% with 0.6 points.

Jan 28 16 PMMS

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Freddie Mac PMMS Reports Lowest Mortgage Rates in Three Months

PMMS Jan 14 2016
Freddie Mac’s Primary Mortgage Market Survey reports that mortgage rates continued to trend lower last week with the 30 year fixed conventional mortgage averaging 3.81 with 0.6 points. [Read more…]

Freddie Mac PMMS Reports Mortgage Rates Under 4

Jan 7 2016 Freddie Mac PMMSFreddie Mac’s Prime Mortgage Market Survey released today reports that mortgage rates for the 30 year fixed conforming averaged just below 4% last week. [Read more…]

Freddie Mac Reports Mortgage Rates Down Last Week

Freddie_Mac_2015-07-30_1110

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Freddie Mac reports last week’s average mortgage rates unchanged

The Freddie Mac PMMS reveals little change in mortgage interest rates over the last week with the 30 year mortgage rate averaging 4.02% with 0.7 points.

2015-06-25_0902_Freddie_Mac_PMMS

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