Mortgage Rate Update for the week of December 9, 2024

Want to know what’s impacting mortgage rates this week? Check out my latest update which includes a preview of our Buy Now vs Wait Report.

Mortgage Market Update for the week of December 2, 2024

Can you believe it’s the first week of December? The first Friday of a month is typically when the BLS Jobs Report is released. This report tends to have a strong impact on mortgage rates. Check out my latest weekly update to learn where rates are trending and what else is scheduled to influence the direction of mortgage rates.

If you’re thinking about buying, selling, remodeling or refinancing, please reach out – I am happy to help you or anyone you know.

 

Happy 18th Blog-Anniversary to The Mortgage Porter

18 years ago, I created The Mortgage Porter. I was frustrated with how the news was wrongly reporting that all loan officers were going to be licensed – which simply was wrong. Loan officers who work for depository banks or credit unions are not required to be licensed. We are held to different standards, which is unfortunate…but I digress. I’m here to celebrate the 18th anniversary of my blog, The Mortgage Porter. [Read more…]

2025 FHA Loan Limits for Washington State

HUD has announced the 2025 loan limits for FHA mortgage loans.

King, Pierce and Snohomish Counties, the loan limits are:

  • 1 Unit: $1,037,300
  • 2 Unit: $1,327,950
  • 3 Unit: $1,605,200
  • 4 Unit: $1,994,850

[Read more…]

2025 Conforming Loan Limits for Washington State

FHFA has announced the conforming loan limits for 2025.

  • 1 Unit: $806,500
  • 2 Unit: $1,032,650
  • 3 Unit: $1,248,150
  • 4 Unit: $1,551,250

High Balance Conforming Limits for King, Pierce and Snohomish Counties

  • 1 Unit: $1,037,300
  • 2 Unit: $1,327,950
  • 3 Unit: $1,605,200
  • 4 Unit: $1,994,850

Mortgage Market Rate Update

It’s a short week with the Thanksgiving holiday and it’s STUFFED with scheduled economic indicators that may impact mortgage rates. Check it out on my latest video along with programs for people who are selling their homes.

Have a great week and wonderful holiday!

 

Mortgage Market Update for the Week of November 18, 2024

This week’s episode includes what’s going on with mortgage rates, rent vs buy reports and credit tips to help you with holiday shopping.

If you or anyone you know are considering buying, refinancing or selling a home, please contact me! I am always happy to help.

Mortgage Market Update for the Week of November 11, 2024

Want to know how mortgage rates are trending following the election or what may impact mortgage rates this week? Check out my latest episode which features our new bridge loan program!

Please contact me if you have any questions or if you’re interested in buying, refinancing or remodeling your home!