Tariffs continue to toy with mortgage interest rates and we have a couple inflation indicators scheduled to be released this week that could impact mortgage rates. Also in this episode, we discuss renovation mortgages.
If you’re thinking about buying, selling, refinancing, remodeling or a reverse mortgage, I am happy to help you!
Mortgage Rate Update for the Week of May 12, 2025
May 12, 2025 by Leave a Comment
Join Me! Retire Like a Boss: Reverse Mortgage Workshop
May 8, 2025 by Leave a Comment
Grab a lunch and your computer to learn more during our one-hour workshop where we discuss reverse mortgages. Whether retirement is on the horizon for you or if you’re wanting to learn about possible options for your parents, this workshop will help answer questions and address common misconceptions about the modern reverse mortgage.
I’m hosting the event along with Charles Butler, Retirement Mortgage Advisor – NMLS#2262315.
When: Thursday, May 22, 2025 from 12:00 – 1:00 pm PST.
Click here to RSVP or scan the QR code below. [Read more…]
It’s Fed Day! Fed Funds Rate Unchanged.
May 7, 2025 by Leave a Comment
This afternoon (11:00 am PST) wraps up the two-day FOMC meeting and we will learn if the Fed has decided to make any adjustments to the Fed Funds rate. Although the Fed does not directly control the interest rate of mortgage loans (except for home equity lines of credit that follow the prime rate), mortgage interest rates are influenced by the actions by the Fed.
Odds are that there will be no changes to the Fed funds rate today. Markets will be paying close attention to what Fed Chair Jerome Powell has to say following the Fed’s announcement of their rate decision. [Read more…]
Mortgage Rate Update for the Week of May 5, 2025
May 5, 2025 by Leave a Comment
How are mortgage rates doing after the conflicting jobs data last week?
Will the Fed lower rates on Wednesday? (Spoiler alert – the Fed does not directly control mortgage interest rates).
What’s going on with federal student loans?
And an announcement on our upcoming webinar “Retire Like a Boss” on this week’s episode!
Mortgage Rate Update for the Week of April 28, 2025
April 28, 2025 by Leave a Comment
It’s Jobs Week AND we have PCE, the Fed’s favorite measure of inflation…. so how are mortgage rates fairing? Check out my latest post!
Get Yours Today! The Mortgage Porter Collectable Action Figure
April 18, 2025 by Leave a Comment
It’s Friday, so let’s have some fun! I asked AI to help recreate me as a glamourous action figure, Rhonda – The Mortgage Porter.
Full disclosure, I asked ChatGPT to write a post to compliment the doll it created for me. Here it is!
Meet Barbie’s Mortgage Maven: Rhonda Porter, The Mortgage Porter! 💁🏼♀️💼🏡 [Read more…]
How to Catch a Falling Interest Rate
April 16, 2025 by Leave a Comment
Mortgage interest rates have been VERY volatile with all the movement in the stock market. Typically, when the stock market is plummeting, we see mortgage rates improve. This is because mortgage rates are based on bonds and investors will seek the safety of bonds. In the markets we recently have been experiencing, the lower mortgage rates may be available for moments before moving higher.
If you’re considering refinancing to obtain a lower interest rate, you need to be prepared to take action. [Read more…]
Recent Comments