Freddie Mac’s PMMS report shows the lowest mortgage rates for the 30 year fixed in over 3.5 years. This is a weekly report based on averages, so this is technically “old news” BUT I really like the direction mortgage rates are currently trending. If you would like to have current rates based on your personal scenario, I can help you with that! [Read more…]
Lowest Mortgage Rates in 3.5 Years says Freddie Mac!
February 26, 2026 by Leave a Comment
Is a 1% Drop in Mortgage Rates Enough to Refinance in 2026?
February 25, 2026 by Leave a Comment
Is a 1% Drop Enough to Refinance?
You’ve probably heard the old rule of thumb: “You shouldn’t refinance unless interest rates drop at least 1%.”
But is that actually true in today’s market?
If you bought your home when rates were 6.75%—or anywhere in that 6–7% range—and you see them dipping into the low 6s or high 5s, you’re likely wondering if that move is enough to make a refinance worth the effort. [Read more…]
Mortgage Rates Under 6% — Is the Supreme Court Ruling on Tariffs Impacting the Market?
February 23, 2026 by Leave a Comment
Welcome back to Mortgage Porter Weekly!
After an amazing three-week road trip down to California, the Grand Canyon, and back home to Seattle, I’m officially back in the office and watching the markets closely. And what a week to return — we’re seeing something we haven’t consistently seen in a while…
30-year conforming mortgage rates are trending lower!
That’s getting attention.
I Bought My Home with a 6.75% Rate – Should I Refinance Now?
February 19, 2026 by Leave a Comment
If you bought your home in the past few years and your interest rate starts with a 6… or maybe even a 7… you’re not alone.
One of the most common questions I’m hearing right now is:
“I bought my home at 6.75%. Should I refinance?”
[Read more…]
What is a Mortgage Recast or Reamortization?
February 18, 2026 by Leave a Comment
What Is a Mortgage Recast?
If you’ve ever made a large lump-sum payment toward your mortgage — or thought about doing so — you may have heard the terms “mortgage recast” or “reamortization.”
A recast can be a powerful (and often misunderstood) option for homeowners who want a lower monthly payment without refinancing.
Let’s break down what a recast is, how it works, and when it may (or may not) make sense. [Read more…]
The Mortgage Porter Weekly Update – Mortgage Rates Below 6%
February 17, 2026 by Leave a Comment
Good morning from Astoria, Oregon.
I’m writing this from our room at the Bowline Hotel, with a herd (pod? committee?) of very committed resident sea lions barking below our window. If you’ve stayed here, you know exactly what I mean.
This is where our road trip began—and where it’s ending.
We left from Astoria headed south toward sunshine and desert skies, spending time in Palm Desert and standing in awe at the Grand Canyon. After taking in so much beauty, we decided to come full circle and return to where we started.
There’s something meaningful about that. [Read more…]
Presidents Day Reflections
February 16, 2026 by Leave a Comment
Today, as we celebrate Presidents Day, I’ve been thinking about a leader who shaped so much of what we’re able to enjoy today — especially when we’re out on the open road.
Theodore Roosevelt wasn’t just a president — he was a conservationist who believed deeply in protecting America’s natural beauty for future generations.
One of my favorite quotes from him:
“There can be nothing in the world more beautiful than the Yosemite, the groves of the giant sequoias and redwoods, the Canyon of the Colorado, the Canyon of the Yellowstone.”
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